Dr Reddy Lab Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Dr Reddy Lab shares perform in 1998?
Let's find out!
Dr Reddy Lab share price in 1998 was ₹114.97 Its price on 1st January 1998 was ₹76.55, and by 31st December 1998 it moved to ₹114.97, giving a positive return of 50.18% for the year.
Dr Reddy Lab Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹76.55 | ₹137.88 | ₹74.3 | ₹114.97 |
| 1st Jan 1998 | Occured in Aug 1998 | Occured in Jan 1998 | 31st Dec 1998 |
This page will help you understand how Dr Reddy Lab performed in 1998. Let's get started.
For complete insights into Dr Reddy Lab’s incredible stock price performance and growth, see: Dr Reddy Lab Historical Share Price Data from its IPO to 2024
Table: Dr Reddy Lab Share Monthly Close, Low, High Prices for 1998
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| Month | Dr Reddy Lab | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹77.56 | - | ↑ ₹82.89 ↓ ₹74.3 |
| Feb | ₹84.48 | 8.9% | ↑ ₹85.67 ↓ ₹77.38 |
| Mar | ₹96.68 | 14.4% | ↑ ₹106.8 ↓ ₹81.81 |
| Apr | ₹109.94 | 13.7% | ↑ ₹127.82 ↓ ₹97.04 |
| May | ₹107.69 | -2.1% | ↑ ₹117.7 ↓ ₹97.57 |
| Jun | ₹95.02 | -11.8% | ↑ ₹116.04 ↓ ₹75.43 |
| Jul | ₹126.22 | 32.8% | ↑ ₹127.88 ↓ ₹87.68 |
| Aug | ₹98.04 | -22.4% | ↑ ₹137.88 ↓ ₹96.5 |
| Sep | ₹116.93 | 19.2% | ↑ ₹126.34 ↓ ₹93.54 |
| Oct | ₹105.26 | -10% | ↑ ₹125.51 ↓ ₹102.3 |
| Nov | ₹98.04 | -6.9% | ↑ ₹109.76 ↓ ₹95.2 |
| Dec | ₹114.97 | 17.2% | ↑ ₹118.17 ↓ ₹97.33 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Dr Reddy Lab in 1998?
In 1998, the opening price of Dr Reddy Lab share was ₹76.55. Today, the price stands at ₹1,195.33, reflecting a growth of 1,461.51%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹1.56 Lakh by 2024. This represents a CAGR of 11.15%.
You might also like to check: Dr Reddy Lab Stock Price in 1997 or Dr Reddy Lab 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.
