Finolex Cables Share Price in 1998: Chart, Monthly Trends, & Analysis

How did Finolex Cables shares perform in 1998?

Let's find out!

Finolex Cables share price in 1998 was ₹20.71 Its price on 1st January 1998 was ₹12.04, and by 31st December 1998 it moved to ₹20.71, giving a positive return of 72% for the year.

Finolex Cables Share Open, High, Low, and Close prices for the Year 1998 are as follows:

Open	High	Low	Close
₹12.04	₹23.37	₹9.99	₹20.71
1st Jan 1998	Occured in May 1998	Occured in Aug 1998	31st Dec 1998

This page will help you understand how Finolex Cables performed in 1998. Let's get started.

For complete insights into Finolex Cables’s incredible stock price performance and growth, see: Finolex Cables Historical Share Price Data from its IPO to 2025

Table: Finolex Cables Share Monthly Close, Low, High Prices for 1998

Month	Finolex Cables	Change%	↑High - ↓Low
Jan	₹11.54	-	↑ ₹13.23 ↓ ₹11.39
Feb	₹13.71	18.8%	↑ ₹13.71 ↓ ₹11.09
Mar	₹18.27	33.2%	↑ ₹18.98 ↓ ₹13.52
Apr	₹20.46	11.9%	↑ ₹22.47 ↓ ₹18.48
May	₹17.3	-15.5%	↑ ₹23.37 ↓ ₹16.98
Jun	₹12.08	-30.2%	↑ ₹18.57 ↓ ₹10.15
Jul	₹11.89	-1.6%	↑ ₹13.28 ↓ ₹11.05
Aug	₹10.31	-13.3%	↑ ₹11.82 ↓ ₹9.99
Sep	₹14.19	37.6%	↑ ₹15.43 ↓ ₹10.01
Oct	₹15.67	10.4%	↑ ₹17.43 ↓ ₹11.44
Nov	₹18.32	16.9%	↑ ₹18.98 ↓ ₹15.14
Dec	₹20.71	13%	↑ ₹21.18 ↓ ₹17.88

Chart: CandleStick and Line Chart Showing Monthly Prices

[Click on line name to show/hide a line]

What if You invested ₹10,000 in Finolex Cables in 1998?

In 1998, the opening price of Finolex Cables share was ₹12.04. Today, the price stands at ₹971.35, reflecting a growth of 7,967.69%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹8.06 Lakh by 2025. This represents a CAGR of 17.66%.

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You might also like to check: Finolex Cables Stock Price in 1997 or Finolex Cables Stock Price in 1999

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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.