MRF SHARE DETAILS
MRF stock made patient
investors CROREPATI
MRF shares have generated multi fold returns
for the investors over the years. If an investor had invested Rs 1 lakh in MRF
shares 25 years ago, the corpus would have been worth Rs 74.00 crore in July 30, 2019 when the stock was its peak.
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
1993 and held on. MRF (Madras Rubber Factory), which debuted as a public
company with a face value of Rs 10 per share, has delivered more than 7,40,109
per cent returns to investors in the last 25 years. On April 27, 1993 , the company's share closed at Rs 11 compared
to the current price of Rs 54,072 on July 29, 2019 NSE.
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