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Elgi Equipments Share Price in 2016: Chart, Monthly Trends, & Analysis

 Elgi Equipments Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did Elgi Equipments shares perform in 2016?

Let's find out!

Elgi Equipments share price in 2016 was ₹91.88 Its price on 1st January 2016 was ₹64.75, and by 31st December 2016 it moved to ₹91.88, giving a positive return of 41.89% for the year.

Elgi Equipments Share Open, High, Low, and Close prices for the Year 2016 are as follows:

OpenHighLowClose
₹64.75₹102.35₹59.35₹91.88
1st Jan 2016Occured in Oct 2016Occured in Feb 201631st Dec 2016

This page will help you understand how Elgi Equipments performed in 2016. 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 2016

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Month Elgi EquipmentsChange%↑High - ↓Low
Jan₹62.53-

↑ ₹65.5

↓ ₹60

Feb₹62.720.3%

↑ ₹64.75

↓ ₹59.35

Mar₹64.83.3%

↑ ₹67.5

↓ ₹62.05

Apr₹81.9326.4%

↑ ₹86.9

↓ ₹63.28

May₹876.1%

↑ ₹92.25

↓ ₹77.78

Jun₹86.63-0.5%

↑ ₹89.2

↓ ₹81.03

Jul₹91.225.2%

↑ ₹94.25

↓ ₹84.5

Aug₹93.222.1%

↑ ₹96.5

↓ ₹79.5

Sep₹94.51.3%

↑ ₹101.65

↓ ₹89.9

Oct₹98.384.1%

↑ ₹102.35

↓ ₹92.8

Nov₹89.75-8.8%

↑ ₹100

↓ ₹80.13

Dec₹91.882.3%

↑ ₹94.95

↓ ₹84.5

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 2016?

In 2016, the opening price of Elgi Equipments share was ₹64.75. Today, the price stands at ₹562, reflecting a growth of 767.95%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹86,795.36 by 2024. This represents a CAGR of 31.01%.


You might also like to check: Elgi Equipments Stock Price in 2015 or Elgi Equipments Stock Price in 2017


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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter