Carborundum Share Price in 1998: Chart, Monthly Trends, & Analysis

How did Carborundum shares perform in 1998?

Let's find out!

Carborundum share price in 1998 was ₹3.47 Its price on 1st January 1998 was ₹3.95, and by 31st December 1998 it moved to ₹3.47, giving a negative return of -12.16% for the year.

Carborundum Share Open, High, Low, and Close prices for the Year 1998 are as follows:

Open	High	Low	Close
₹3.95	₹5.15	₹3.15	₹3.47
1st Jan 1998	Occured in Apr 1998	Occured in Jul 1998	31st Dec 1998

This page will help you understand how Carborundum performed in 1998. 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 2025

Table: Carborundum Share Monthly Close, Low, High Prices for 1998

Month	Carborundum	Change%	↑High - ↓Low
Jan	₹3.7	-	↑ ₹4.55 ↓ ₹3.6
Feb	₹3.75	1.3%	↑ ₹3.9 ↓ ₹3.75
Mar	₹4.25	13.3%	↑ ₹4.3 ↓ ₹3.75
Apr	₹4.59	8.2%	↑ ₹5.15 ↓ ₹4.48
May	₹4.2	-8.7%	↑ ₹4.4 ↓ ₹3.91
Jun	₹3.48	-17.2%	↑ ₹3.95 ↓ ₹3.16
Jul	₹3.35	-3.8%	↑ ₹3.6 ↓ ₹3.15
Aug	₹3.45	2.9%	↑ ₹3.62 ↓ ₹3.35
Sep	₹3.66	6%	↑ ₹3.77 ↓ ₹3.5
Oct	₹3.5	-4.4%	↑ ₹3.77 ↓ ₹3.25
Nov	₹3.4	-2.9%	↑ ₹3.52 ↓ ₹3.25
Dec	₹3.47	2%	↑ ₹3.47 ↓ ₹3.25

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 1998?

In 1998, the opening price of Carborundum share was ₹3.95. Today, the price stands at ₹993.1, reflecting a growth of 25,041.77%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹25.14 Lakh by 2025. This represents a CAGR of 22.72%.

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You might also like to check: Carborundum Stock Price in 1997 or Carborundum Stock Price in 1999

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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.