BHEL Share Price in 1998: Chart, Monthly Trends, & Analysis
Advertisement
How did BHEL shares perform in 1998?
Let's find out!
BHEL share price in 1998 was ₹17.51 Its price on 1st January 1998 was ₹23.13, and by 31st December 1998 it moved to ₹17.51, giving a negative return of -24.3% for the year.
BHEL Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹23.13 | ₹29.33 | ₹13 | ₹17.51 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Aug 1998 | 31st Dec 1998 |
This page will help you understand how BHEL performed in 1998. Let's get started.
For complete insights into BHEL’s incredible stock price performance and growth, see: BHEL Historical Share Price Data from its IPO to 2024
Table: BHEL Share Monthly Close, Low, High Prices for 1998
Advertisement
| Month | BHEL | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹18 | - | ↑ ₹23.6 ↓ ₹17.27 |
| Feb | ₹21.33 | 18.4% | ↑ ₹21.87 ↓ ₹18 |
| Mar | ₹24 | 12.5% | ↑ ₹24.73 ↓ ₹20.13 |
| Apr | ₹26.2 | 9.1% | ↑ ₹29.33 ↓ ₹24.08 |
| May | ₹24.03 | -8.3% | ↑ ₹27.13 ↓ ₹23.33 |
| Jun | ₹16.73 | -30.4% | ↑ ₹25.53 ↓ ₹13.07 |
| Jul | ₹14.37 | -14.2% | ↑ ₹18.77 ↓ ₹13.47 |
| Aug | ₹15.33 | 6.6% | ↑ ₹15.85 ↓ ₹13 |
| Sep | ₹18.75 | 22.3% | ↑ ₹20.53 ↓ ₹14.75 |
| Oct | ₹15.77 | -15.9% | ↑ ₹17.87 ↓ ₹14.2 |
| Nov | ₹15.61 | -1.1% | ↑ ₹18.55 ↓ ₹14.84 |
| Dec | ₹17.51 | 12.1% | ↑ ₹18.3 ↓ ₹15.23 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in BHEL in 1998?
In 1998, the opening price of BHEL share was ₹23.13. Today, the price stands at ₹235, reflecting a growth of 915.99%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹1.01 Lakh by 2024. This represents a CAGR of 9.33%.
You might also like to check: BHEL Stock Price in 1997 or BHEL 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.
