Elgi Equipments Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Elgi Equipments shares perform in 1998?
Let's find out!
Elgi Equipments share price in 1998 was ₹4.75 Its price on 1st January 1998 was ₹5.25, and by 31st December 1998 it moved to ₹4.75, giving a negative return of -9.53% for the year.
Elgi Equipments Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹5.25 | ₹6.5 | ₹3.8 | ₹4.75 |
| 1st Jan 1998 | Occured in Jan 1998 | Occured in Sep 1998 | 31st Dec 1998 |
This page will help you understand how Elgi Equipments performed in 1998. Let's get started.
For complete insights into Elgi Equipments’s incredible stock price performance and growth, see: Elgi Equipments Historical Share Price Data from its IPO to 2024
Table: Elgi Equipments Share Monthly Close, Low, High Prices for 1998
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| Month | Elgi Equipments | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹5.25 | - | ↑ ₹6.5 ↓ ₹5.01 |
| Feb | ₹4.75 | -9.6% | ↑ ₹5.25 ↓ ₹4.33 |
| Mar | ₹4.84 | 2.1% | ↑ ₹5.65 ↓ ₹4.38 |
| Apr | ₹5.45 | 12.3% | ↑ ₹6.22 ↓ ₹5.03 |
| May | ₹5.07 | -7% | ↑ ₹5.62 ↓ ₹4.78 |
| Jun | ₹4.25 | -16.2% | ↑ ₹5.13 ↓ ₹4.12 |
| Jul | ₹4.5 | 5.8% | ↑ ₹4.97 ↓ ₹4 |
| Aug | ₹4 | -11.2% | ↑ ₹4.5 ↓ ₹3.86 |
| Sep | ₹3.95 | -1.3% | ↑ ₹4.7 ↓ ₹3.8 |
| Oct | ₹4.72 | 19.4% | ↑ ₹4.72 ↓ ₹3.88 |
| Nov | ₹4.69 | -0.7% | ↑ ₹5.22 ↓ ₹4.45 |
| Dec | ₹4.75 | 1.2% | ↑ ₹5.3 ↓ ₹4.62 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Elgi Equipments in 1998?
In 1998, the opening price of Elgi Equipments share was ₹5.25. Today, the price stands at ₹562, reflecting a growth of 10,604.76%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹10.7 Lakh by 2024. This represents a CAGR of 19.69%.
You might also like to check: Elgi Equipments Stock Price in 1997 or Elgi Equipments 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.
