Ambuja Cements Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Ambuja Cements shares perform in 1998?
Let's find out!
Ambuja Cements share price in 1998 was ₹17.34 Its price on 1st January 1998 was ₹18.53, and by 31st December 1998 it moved to ₹17.34, giving a negative return of -6.43% for the year.
Ambuja Cements Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹18.53 | ₹22.13 | ₹10.92 | ₹17.34 |
| 1st Jan 1998 | Occured in May 1998 | Occured in Aug 1998 | 31st Dec 1998 |
This page will help you understand how Ambuja Cements performed in 1998. Let's get started.
For complete insights into Ambuja Cements’s incredible stock price performance and growth, see: Ambuja Cements Historical Share Price Data from its IPO to 2024
Table: Ambuja Cements Share Monthly Close, Low, High Prices for 1998
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| Month | Ambuja Cements | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹14.13 | - | ↑ ₹19.03 ↓ ₹13.77 |
| Feb | ₹16.82 | 19.1% | ↑ ₹17.11 ↓ ₹14.28 |
| Mar | ₹18.23 | 8.3% | ↑ ₹19.13 ↓ ₹16.13 |
| Apr | ₹20.3 | 11.4% | ↑ ₹21.46 ↓ ₹17.93 |
| May | ₹20.02 | -1.5% | ↑ ₹22.13 ↓ ₹18.6 |
| Jun | ₹17.41 | -13.1% | ↑ ₹21.98 ↓ ₹14.8 |
| Jul | ₹15.23 | -12.6% | ↑ ₹17.67 ↓ ₹14.93 |
| Aug | ₹12.06 | -20.9% | ↑ ₹15.13 ↓ ₹10.92 |
| Sep | ₹13.2 | 9.4% | ↑ ₹14.6 ↓ ₹11.65 |
| Oct | ₹13.3 | 0.7% | ↑ ₹13.63 ↓ ₹11.47 |
| Nov | ₹14.64 | 10% | ↑ ₹15.89 ↓ ₹13 |
| Dec | ₹17.34 | 18.4% | ↑ ₹18.03 ↓ ₹14.19 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Ambuja Cements in 1998?
In 1998, the opening price of Ambuja Cements share was ₹18.53. Today, the price stands at ₹544.5, reflecting a growth of 2,838.47%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹2.93 Lakh by 2024. This represents a CAGR of 13.88%.
You might also like to check: Ambuja Cements Stock Price in 1997 or Ambuja Cements 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.
