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Carborundum Share Price in 1996: Chart, Monthly Trends, & Analysis
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CarborundumShare Price HistoryTomorrow TargetLong Term TargetDividend HistoryBonus HistorySplit History
How did Carborundum shares perform in 1996?
Let's find out!
Carborundum share price in 1996 was ₹6.67 Its price on 1st January 1996 was ₹7, and by 31st December 1996 it moved to ₹6.67, giving a negative return of -4.72% for the year.
Carborundum Share Open, High, Low, and Close prices for the Year 1996 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹7 | ₹11.25 | ₹6.19 | ₹6.67 |
| 1st Jan 1996 | Occured in May 1996 | Occured in Jan 1996 | 31st Dec 1996 |
This page will help you understand how Carborundum performed in 1996. Let's get started.
For complete insights into Carborundum’s incredible stock price performance and growth, see: Carborundum Historical Share Price Data from its IPO to 2024
Table: Carborundum Share Monthly Close, Low, High Prices for 1996
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| Month | Carborundum | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹6.25 | - | ↑ ₹7.06 ↓ ₹6.19 |
| Feb | ₹8 | 28% | ↑ ₹8 ↓ ₹6.25 |
| Mar | ₹8 | - | ↑ ₹8.25 ↓ ₹7.75 |
| Apr | ₹9.11 | 13.9% | ↑ ₹9.11 ↓ ₹7.75 |
| May | ₹9.5 | 4.1% | ↑ ₹11.25 ↓ ₹9 |
| Jun | ₹8.9 | -6.4% | ↑ ₹11.25 ↓ ₹8.75 |
| Jul | ₹9.75 | 9.5% | ↑ ₹10 ↓ ₹8.1 |
| Aug | ₹8.5 | -12.9% | ↑ ₹10.74 ↓ ₹8.5 |
| Sep | ₹8.05 | -5.3% | ↑ ₹8.9 ↓ ₹7.26 |
| Oct | ₹7.75 | -3.8% | ↑ ₹8 ↓ ₹6.56 |
| Nov | ₹6.75 | -13% | ↑ ₹7.17 ↓ ₹6.5 |
| Dec | ₹6.67 | -1.2% | ↑ ₹6.85 ↓ ₹6.6 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Carborundum in 1996?
In 1996, the opening price of Carborundum share was ₹7.00. Today, the price stands at ₹1,315.3, reflecting a growth of 18,690%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1996 would have become ₹18.79 Lakh by 2024. This represents a CAGR of 20.56%.
You might also like to check: Carborundum Stock Price in 1995 or Carborundum Stock Price in 1997
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.
