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Federal Bank Share Price in 1998: Chart, Monthly Trends, & Analysis
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Federal BankShare Price HistoryTomorrow TargetLong Term TargetDividend HistoryBonus HistorySplit History
How did Federal Bank shares perform in 1998?
Let's find out!
Federal Bank share price in 1998 was ₹1.02 Its price on 1st January 1998 was ₹1.85, and by 31st December 1998 it moved to ₹1.02, giving a negative return of -44.87% for the year.
Federal Bank Share Open, High, Low, and Close prices for the Year 1998 are as follows:
Open | High | Low | Close |
---|---|---|---|
₹1.85 | ₹3.1 | ₹0.95 | ₹1.02 |
1st Jan 1998 | Occured in Apr 1998 | Occured in Dec 1998 | 31st Dec 1998 |
This page will help you understand how Federal Bank performed in 1998. Let's get started.
For complete insights into Federal Bank’s incredible stock price performance and growth, see: Federal Bank Historical Share Price Data from its IPO to 2024
Table: Federal Bank Share Monthly Close, Low, High Prices for 1998
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Month | Federal Bank | Change% | ↑High - ↓Low |
---|---|---|---|
Jan | ₹1.69 | - | ↑ ₹2 ↓ ₹1.63 |
Feb | ₹1.6 | -5.4% | ↑ ₹1.7 ↓ ₹1.51 |
Mar | ₹1.91 | 19.3% | ↑ ₹2.09 ↓ ₹1.56 |
Apr | ₹2.43 | 27.2% | ↑ ₹3.1 ↓ ₹1.93 |
May | ₹2.27 | -6.6% | ↑ ₹2.5 ↓ ₹1.91 |
Jun | ₹1.74 | -23.4% | ↑ ₹2.34 ↓ ₹1.55 |
Jul | ₹1.83 | 5.1% | ↑ ₹1.88 ↓ ₹1.59 |
Aug | ₹1.48 | -19.2% | ↑ ₹1.83 ↓ ₹1.45 |
Sep | ₹1.51 | 2% | ↑ ₹1.63 ↓ ₹1.42 |
Oct | ₹1.14 | -23.9% | ↑ ₹1.48 ↓ ₹1.14 |
Nov | ₹1.01 | -12.2% | ↑ ₹1.25 ↓ ₹0.98 |
Dec | ₹1.02 | 0.9% | ↑ ₹1.11 ↓ ₹0.95 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Federal Bank in 1998?
In 1998, the opening price of Federal Bank share was ₹1.85. Today, the price stands at ₹181.21, reflecting a growth of 9,695.13%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹9.79 Lakh by 2024. This represents a CAGR of 19.28%.
You might also like to check: Federal Bank Stock Price in 1997 or Federal Bank 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.