Deepak Nitrite Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Deepak Nitrite shares perform in 1998?
Let's find out!
Deepak Nitrite share price in 1998 was ₹3.35 Its price on 1st January 1998 was ₹1.18, and by 31st December 1998 it moved to ₹3.35, giving a positive return of 183.89% for the year.
Deepak Nitrite Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹1.18 | ₹4.04 | ₹1.17 | ₹3.35 |
| 1st Jan 1998 | Occured in Oct 1998 | Occured in Jan 1998 | 31st Dec 1998 |
This page will help you understand how Deepak Nitrite performed in 1998. Let's get started.
For complete insights into Deepak Nitrite’s incredible stock price performance and growth, see: Deepak Nitrite Historical Share Price Data from its IPO to 2024
Table: Deepak Nitrite Share Monthly Close, Low, High Prices for 1998
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| Month | Deepak Nitrite | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹1.36 | - | ↑ ₹1.43 ↓ ₹1.17 |
| Feb | ₹1.7 | 24.9% | ↑ ₹1.85 ↓ ₹1.35 |
| Mar | ₹1.77 | 4.1% | ↑ ₹1.98 ↓ ₹1.48 |
| Apr | ₹1.89 | 6.7% | ↑ ₹2.19 ↓ ₹1.64 |
| May | ₹2.86 | 51.3% | ↑ ₹2.95 ↓ ₹1.89 |
| Jun | ₹2.44 | -14.7% | ↑ ₹2.94 ↓ ₹2.1 |
| Jul | ₹2.33 | -4.6% | ↑ ₹2.45 ↓ ₹2.14 |
| Aug | ₹2.62 | 12.4% | ↑ ₹2.62 ↓ ₹2.27 |
| Sep | ₹2.95 | 12.5% | ↑ ₹3.55 ↓ ₹2.48 |
| Oct | ₹3.82 | 29.4% | ↑ ₹4.04 ↓ ₹2.78 |
| Nov | ₹3.28 | -14.2% | ↑ ₹3.82 ↓ ₹3.19 |
| Dec | ₹3.35 | 2.1% | ↑ ₹3.53 ↓ ₹3.08 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Deepak Nitrite in 1998?
In 1998, the opening price of Deepak Nitrite share was ₹1.18. Today, the price stands at ₹2,670.85, reflecting a growth of 2,26,243.22%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹2.26 Crore by 2024. This represents a CAGR of 34.6%.
You might also like to check: Deepak Nitrite Stock Price in 1997 or Deepak Nitrite 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.
