Asian Paints Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Asian Paints shares perform in 1998?
Let's find out!
Asian Paints share price in 1998 was ₹11.83 Its price on 1st January 1998 was ₹12.52, and by 31st December 1998 it moved to ₹11.83, giving a negative return of -5.52% for the year.
Asian Paints Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹12.52 | ₹15.39 | ₹8.24 | ₹11.83 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Jun 1998 | 31st Dec 1998 |
This page will help you understand how Asian Paints performed in 1998. Let's get started.
For complete insights into Asian Paints’s incredible stock price performance and growth, see: Asian Paints Historical Share Price Data from its IPO to 2024
Table: Asian Paints Share Monthly Close, Low, High Prices for 1998
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| Month | Asian Paints | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹12.25 | - | ↑ ₹12.68 ↓ ₹11.94 |
| Feb | ₹12.62 | 3% | ↑ ₹12.98 ↓ ₹11.16 |
| Mar | ₹12.98 | 2.8% | ↑ ₹13.62 ↓ ₹11.67 |
| Apr | ₹12.82 | -1.3% | ↑ ₹15.39 ↓ ₹12.69 |
| May | ₹12.26 | -4.4% | ↑ ₹13.85 ↓ ₹11.85 |
| Jun | ₹10.11 | -17.6% | ↑ ₹12.56 ↓ ₹8.24 |
| Jul | ₹12.93 | 27.8% | ↑ ₹12.96 ↓ ₹9.57 |
| Aug | ₹12.31 | -4.8% | ↑ ₹13.31 ↓ ₹11.23 |
| Sep | ₹12.43 | 0.9% | ↑ ₹12.89 ↓ ₹11.85 |
| Oct | ₹12.23 | -1.7% | ↑ ₹12.52 ↓ ₹10.89 |
| Nov | ₹12.4 | 1.3% | ↑ ₹12.64 ↓ ₹11.86 |
| Dec | ₹11.83 | -4.6% | ↑ ₹12.98 ↓ ₹11.52 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Asian Paints in 1998?
In 1998, the opening price of Asian Paints share was ₹12.52. Today, the price stands at ₹2,262.4, reflecting a growth of 17,970.28%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹18.07 Lakh by 2024. This represents a CAGR of 22.13%.
You might also like to check: Asian Paints Stock Price in 1997 or Asian Paints 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.
