Mrf share price 1993

One of the golden rules of the stock market is that you cannot be impatient. It is all about patience, and if you have that, sky is the limit. This holds true for equity investors who invested in MRF shares in April and held on. MRF Madras Rubber Factorywhich debuted as a public company with a face value of Rs 10 per share, has delivered more than 7,40, per cent returns to investors in the last 25 years, mrf share price 1993.

MRF stock would have given you hefty returns if you had invested in this stock 20 years ago. As of the closing of the previous session, the stock is up 50 per cent from that level. If we see the last 10 years' data, the stock has outperformed the benchmark Sensex seven times. The stock underperformed the Sensex from to For the year so far, MRF shares are up about 12 per cent against a 4 per cent gain in the benchmark Sensex.

Mrf share price 1993

This is a staggering chart, which shows the power of compounding. And the power of buying good companies and holding them for long periods of time — irrespective of stock price movement. This was before the Dot-com bubble burst. However, if you sold anywhere near the lows, regret would be immense as the stock continued to rise. Most of the massive gains have come within a short span of time. Notice how the stock crossed , , and — all during the single month of October This was the time when the bull market was at its peak. Every stock was doubling and tripling. Some had given x returns in euphoria of one of the biggest bull markets the country has seen. It crossed the 50, mark in September and touched an high of 81, per share in July After that, the stock underwent a long period of consolidating — which is also called as time correction.

We highly recommend to do your own research before making any investment. Period To. It also became the first Indian company to export tyres to the USA.

Posted by Nippun Historical Data. Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities! It is said that living organisms continue to evolve, but there are a few human inventions that are continuously evolving due to the research and development done by humankind. It started as a small toy balloon manufacturing unit in a shed in It kept on expanding its rubber products portfolio.

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Mrf share price 1993

This is a staggering chart, which shows the power of compounding. And the power of buying good companies and holding them for long periods of time — irrespective of stock price movement. This was before the Dot-com bubble burst. However, if you sold anywhere near the lows, regret would be immense as the stock continued to rise. Most of the massive gains have come within a short span of time. Notice how the stock crossed , , and — all during the single month of October This was the time when the bull market was at its peak. Every stock was doubling and tripling. Some had given x returns in euphoria of one of the biggest bull markets the country has seen.

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Economy Corporate Markets. You are just one step away from creating your watchlist! If you had invested just Rs. No: INH Second, it minimizes price fluctuations driven by smaller investors, creating a more stable stock environment. To counter this, companies often employ strategies like stock splits and bonus share issuances. If you are looking for historical stock prices and returns of Indian listed companies then you have come to the right place. Then today, your investment would have become this much in each option:. This success serves as an inspiration for investors and a lesson in the power of resilience and strategic planning in the corporate world. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. Yes, Continue. The company sought to establish itself as a frontrunner in various markets, making a name for itself as a reliable and versatile brand.

MRF is the largest tire manufacturer in India and the 6th largest producer in the world. Its headquarter is in Chennai, India.

Recommended For You. Yes, Continue. Mint Premium View Less -. Every stock was doubling and tripling. This is because MRF has never split its stock. MRF, known for its tires, ventured into different business like manufacturing toys in collaboration with iconic brands like Warner Brothers and Legos. MRF Chart from to Click on the larger version. Read all market-related news here. Login Now. Clear all. All Rights Reserved. MRF stock would have given you hefty returns if you had invested in this stock 20 years ago. Wait for it… Log in to our website to save your bookmarks. Select your Category Query Suggestion.