Balkrishna Industries Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Balkrishna Industries shares perform in 1998?
Let's find out!
Balkrishna Industries share price in 1998 was ₹0.98 Its price on 1st January 1998 was ₹1.95, and by 31st December 1998 it moved to ₹0.98, giving a negative return of -49.75% for the year.
Balkrishna Industries Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹1.95 | ₹1.95 | ₹0.9 | ₹0.98 |
| 1st Jan 1998 | Occured in Jan 1998 | Occured in Nov 1998 | 31st Dec 1998 |
This page will help you understand how Balkrishna Industries performed in 1998. Let's get started.
For complete insights into Balkrishna Industries’s incredible stock price performance and growth, see: Balkrishna Industries Historical Share Price Data from its IPO to 2024
Table: Balkrishna Industries Share Monthly Close, Low, High Prices for 1998
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| Month | Balkrishna Industries | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹1.68 | - | ↑ ₹1.95 ↓ ₹1.63 |
| Feb | ₹1.29 | -23.3% | ↑ ₹1.73 ↓ ₹1.26 |
| Mar | ₹1.46 | 13.1% | ↑ ₹1.59 ↓ ₹1.33 |
| Apr | ₹1.54 | 5.4% | ↑ ₹1.93 ↓ ₹1.31 |
| May | ₹1.33 | -13.7% | ↑ ₹1.69 ↓ ₹1.33 |
| Jun | ₹1.33 | - | ↑ ₹1.69 ↓ ₹1.33 |
| Jul | ₹1.02 | -23.4% | ↑ ₹1.36 ↓ ₹1 |
| Aug | ₹1.15 | 13.7% | ↑ ₹1.23 ↓ ₹0.96 |
| Sep | ₹1.1 | -5.2% | ↑ ₹1.15 ↓ ₹1.04 |
| Oct | ₹1.12 | 1.8% | ↑ ₹1.12 ↓ ₹0.96 |
| Nov | ₹0.9 | -19.7% | ↑ ₹1.08 ↓ ₹0.9 |
| Dec | ₹0.98 | 8.8% | ↑ ₹1.08 ↓ ₹0.93 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Balkrishna Industries in 1998?
In 1998, the opening price of Balkrishna Industries share was ₹1.95. Today, the price stands at ₹2,738.69, reflecting a growth of 1,40,345.64%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹1.4 Crore by 2024. This represents a CAGR of 32.15%.
You might also like to check: Balkrishna Industries Stock Price in 1997 or Balkrishna Industries 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.
