Axis Bank Share Price in 1998: Chart, Monthly Trends, & Analysis

How did Axis Bank shares perform in 1998?
Let's find out!
Axis Bank share price in 1998 was ₹3.24 Its price on 1st January 1998 was ₹3.55, and by 31st December 1998 it moved to ₹3.24, giving a negative return of -8.74% for the year.
Axis Bank Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹3.55 | ₹3.55 | ₹2.71 | ₹3.24 |
| 1st Jan 1998 | Occured in Nov 1998 | Occured in Nov 1998 | 31st Dec 1998 |
This page will help you understand how Axis Bank performed in 1998. Let's get started.
For complete insights into Axis Bank’s incredible stock price performance and growth, see: Axis Bank Historical Share Price Data from its IPO to 2026
Table: Axis Bank Share Monthly Close, Low, High Prices for 1998
| Month | Axis Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Nov | ₹3.21 | - |
↑ ₹3.55 ↓ ₹2.71 |
| Dec | ₹3.24 | 0.9% |
↑ ₹3.54 ↓ ₹2.92 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Axis Bank in 1998?
In 1998, the opening price of Axis Bank share was ₹3.55. Today, the price stands at ₹1,356.3, reflecting a growth of 38,105.63%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹38.2 Lakh by 2026. This represents a CAGR of 23.66%.
You might also like to check: Axis Bank 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.




