Cipla Share Price in 1998: Chart, Monthly Trends, & Analysis
Advertisement
How did Cipla shares perform in 1998?
Let's find out!
Cipla share price in 1998 was ₹22.9 Its price on 1st January 1998 was ₹16.87, and by 31st December 1998 it moved to ₹22.9, giving a positive return of 35.74% for the year.
Cipla Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹16.87 | ₹25.68 | ₹13.73 | ₹22.9 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Feb 1998 | 31st Dec 1998 |
This page will help you understand how Cipla performed in 1998. Let's get started.
For complete insights into Cipla’s incredible stock price performance and growth, see: Cipla Historical Share Price Data from its IPO to 2024
Table: Cipla Share Monthly Close, Low, High Prices for 1998
Advertisement
| Month | Cipla | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹14.93 | - | ↑ ₹17.25 ↓ ₹14.67 |
| Feb | ₹16.59 | 11.1% | ↑ ₹16.66 ↓ ₹13.73 |
| Mar | ₹17.77 | 7.1% | ↑ ₹18.72 ↓ ₹16.07 |
| Apr | ₹19.96 | 12.3% | ↑ ₹25.68 ↓ ₹17.87 |
| May | ₹23.31 | 16.7% | ↑ ₹23.73 ↓ ₹19.47 |
| Jun | ₹18.43 | -21% | ↑ ₹24.27 ↓ ₹17.6 |
| Jul | ₹21.92 | 18.9% | ↑ ₹22.72 ↓ ₹17.32 |
| Aug | ₹22.07 | 0.6% | ↑ ₹23.53 ↓ ₹21.39 |
| Sep | ₹23 | 4.2% | ↑ ₹24.56 ↓ ₹21.66 |
| Oct | ₹24.26 | 5.4% | ↑ ₹25.41 ↓ ₹22.67 |
| Nov | ₹21.82 | -10.1% | ↑ ₹24.68 ↓ ₹21.47 |
| Dec | ₹22.9 | 4.9% | ↑ ₹23.47 ↓ ₹21.07 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Cipla in 1998?
In 1998, the opening price of Cipla share was ₹16.87. Today, the price stands at ₹1,465.5, reflecting a growth of 8,587.01%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹8.68 Lakh by 2024. This represents a CAGR of 18.73%.
You might also like to check: Cipla Stock Price in 1997 or Cipla 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.
