Abbott Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Abbott shares perform in 1998?
Let's find out!
Abbott share price in 1998 was ₹499.25 Its price on 1st January 1998 was ₹315, and by 31st December 1998 it moved to ₹499.25, giving a positive return of 58.49% for the year.
Abbott Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹315 | ₹524 | ₹275.5 | ₹499.25 |
| 1st Jan 1998 | Occured in Dec 1998 | Occured in Feb 1998 | 31st Dec 1998 |
This page will help you understand how Abbott performed in 1998. Let's get started.
For complete insights into Abbott’s incredible stock price performance and growth, see: Abbott Historical Share Price Data from its IPO to 2024
Table: Abbott Share Monthly Close, Low, High Prices for 1998
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| Month | Abbott | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹287.5 | - | ↑ ₹347.5 ↓ ₹285 |
| Feb | ₹322.62 | 12.2% | ↑ ₹323.75 ↓ ₹275.5 |
| Mar | ₹372.88 | 15.5% | ↑ ₹399 ↓ ₹300.62 |
| Apr | ₹357.75 | -4.1% | ↑ ₹420 ↓ ₹341.5 |
| May | ₹415 | 16% | ↑ ₹446.5 ↓ ₹365 |
| Jun | ₹345 | -16.9% | ↑ ₹419.5 ↓ ₹330 |
| Jul | ₹352.5 | 2.1% | ↑ ₹372 ↓ ₹340.5 |
| Aug | ₹420.75 | 19.3% | ↑ ₹452 ↓ ₹340 |
| Sep | ₹474.25 | 12.7% | ↑ ₹480 ↓ ₹405 |
| Oct | ₹415.75 | -12.4% | ↑ ₹480 ↓ ₹403 |
| Nov | ₹449.75 | 8.1% | ↑ ₹475 ↓ ₹405 |
| Dec | ₹499.25 | 11% | ↑ ₹524 ↓ ₹445 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Abbott in 1998?
In 1998, the opening price of Abbott share was ₹315.00. Today, the price stands at ₹29,895.75, reflecting a growth of 9,390.71%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹9.49 Lakh by 2024. This represents a CAGR of 19.14%.
You might also like to check: Abbott Stock Price in 1997 or Abbott Stock Price in 1999
References:
Stock prices on stockpricearchive.com are gathered from reliable sources only. We take prices from stock exchanges only, majorly from BSE and NSE.
Disclaimer: Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.
