Promax Power Share Price History and Returns 2021 to 2024
Promax Power Limited | |||
 | Symbol: PROMAX | ||
| Price: ₹46.05 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 1: Promax Power Stock Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Promax Power Recent Performance
- 3: Promax Power Stock Price Chart From 2021 to 2024
- 4: Promax Power Stock Price History Table From 2021 to 2024
- 5: Analyzing the Impact of Investing in Promax Power
- 5.1: Promax Power Stock VS FD (Normal) VS FD (Compounding)
Promax Power Stock Highlights
As of Thu 13 Jun 2024, Promax Power Stock price is ₹46.05 which is ₹130.75 below 52-week high of ₹176.8 and ₹10.76 above 52-week low of ₹35.29
52-Week High Low
- Promax Power 52-Week High is ₹176.8 occured on Tue 27 Feb 2024
- Promax Power 52-Week Low is ₹35.29 occured on Wed 26 Jul 2023
All Time High
- The all-time high or the highest price that Promax Power stocks have ever touched was ₹176.8 and this occurred on Thu 01 Feb 2024.
- The highest closing price at which Promax Power stocks have ever closed was ₹159.57 recorded on Thu 01 Feb 2024.
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Promax Power Recent Performance
Over the past 15 trading days, the value of Promax Power's stock has decreased by ₹15.85 (-25.61%). On 23 May 2024, its one share was worth ₹61.90 and by 13 Jun 2024, the value dropped to ₹46.05. During this period it created a highest high of ₹68.40 and lowest low of ₹46.03.
Below Image represents line chart of daily close price of Promax Power, helping you visualize how the price has changed day by day.
Promax Power Stock Price Chart From 2021 to 2024
Promax Power Stock Price History Table From 2021 to 2024
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| Year | Promax Power | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2021 | ₹19.00 | - | ↑ ₹33.60 ↓ ₹11.15 |
| 2022 | ₹38.00 | 100% | ↑ ₹47.00 ↓ ₹15.45 |
| 2023 | ₹54.15 | 42.4% | ↑ ₹66.55 ↓ ₹27.00 |
| 2024 | ₹46.05 | -15% | ↑ ₹46.10 ↓ ₹46.03 |
Analyzing the Impact of Investing in Promax Power
Promax Power Stock price in the year 2021 was ₹19.00. If you had invested ₹10,000 in Promax Power Stock in 2021, in 3 years, your investment would have grown to ₹24,236 by the end of 2024. This represents a positive return of 142% from 2021 to 2024, with a compound annual growth rate (CAGR) of 34.3%.
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Promax Power Stock VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: Promax Power stocks, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.To help you make a well-informed decision, we have prepared a handy table that compares the returns of Promax Power Stock with both FD choices over time.
If you invested ₹10,000 each in these 3 options in null:
| Year | Promax Power Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2021 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹24,208.00 | ₹11,800.00 | ₹11,910.16 |
Note: The Stock price data displayed on this web page has been adjusted for any bonus Stocks or Stock splits that occurred over time.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
