Cholamandalam Financial Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Cholamandalam Financial shares perform in 1998?
Let's find out!
Cholamandalam Financial share price in 1998 was ₹2.21 Its price on 1st January 1998 was ₹2.34, and by 31st December 1998 it moved to ₹2.21, giving a negative return of -5.56% for the year.
Cholamandalam Financial Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹2.34 | ₹3.47 | ₹1.7 | ₹2.21 |
| 1st Jan 1998 | Occured in Jul 1998 | Occured in Mar 1998 | 31st Dec 1998 |
This page will help you understand how Cholamandalam Financial performed in 1998. Let's get started.
For complete insights into Cholamandalam Financial’s incredible stock price performance and growth, see: Cholamandalam Financial Historical Share Price Data from its IPO to 2024
Table: Cholamandalam Financial Share Monthly Close, Low, High Prices for 1998
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| Month | Cholamandalam Financial | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹1.97 | - | ↑ ₹2.82 ↓ ₹1.85 |
| Feb | ₹2.13 | 8.1% | ↑ ₹2.13 ↓ ₹1.77 |
| Mar | ₹2.58 | 21.1% | ↑ ₹2.68 ↓ ₹1.7 |
| Apr | ₹2.11 | -18.3% | ↑ ₹3.29 ↓ ₹1.97 |
| May | ₹2.06 | -1.9% | ↑ ₹2.4 ↓ ₹2.02 |
| Jun | ₹2.31 | 12% | ↑ ₹2.45 ↓ ₹1.77 |
| Jul | ₹2.42 | 4.3% | ↑ ₹3.47 ↓ ₹2.18 |
| Aug | ₹2.36 | -2.5% | ↑ ₹2.45 ↓ ₹2.02 |
| Sep | ₹1.93 | -18.3% | ↑ ₹2.18 ↓ ₹1.77 |
| Oct | ₹2.11 | 9.3% | ↑ ₹2.27 ↓ ₹1.75 |
| Nov | ₹2.23 | 5.6% | ↑ ₹2.45 ↓ ₹2.08 |
| Dec | ₹2.21 | -0.9% | ↑ ₹2.42 ↓ ₹2 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Cholamandalam Financial in 1998?
In 1998, the opening price of Cholamandalam Financial share was ₹2.34. Today, the price stands at ₹1,399.45, reflecting a growth of 59,705.55%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹59.8 Lakh by 2024. This represents a CAGR of 27.88%.
You might also like to check: Cholamandalam Financial Stock Price in 1997 or Cholamandalam Financial 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.
