HDFC Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did HDFC shares perform in 1998?
Let's find out!
HDFC share price in 1998 was ₹21.79 Its price on 1st January 1998 was ₹30.8, and by 31st December 1998 it moved to ₹21.79, giving a negative return of -29.26% for the year.
HDFC Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹30.8 | ₹35 | ₹21 | ₹21.79 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Nov 1998 | 31st Dec 1998 |
This page will help you understand how HDFC performed in 1998. Let's get started.
For complete insights into HDFC’s incredible stock price performance and growth, see: HDFC Historical Share Price Data from its IPO to 2024
Table: HDFC Share Monthly Close, Low, High Prices for 1998
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| Month | HDFC | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹27.17 | - | ↑ ₹31.97 ↓ ₹26.62 |
| Feb | ₹30.2 | 11.1% | ↑ ₹30.7 ↓ ₹26.91 |
| Mar | ₹31.79 | 5.2% | ↑ ₹33.2 ↓ ₹29 |
| Apr | ₹32.27 | 1.5% | ↑ ₹35 ↓ ₹31.52 |
| May | ₹31.52 | -2.4% | ↑ ₹33.89 ↓ ₹30.66 |
| Jun | ₹29.93 | -5.1% | ↑ ₹33.79 ↓ ₹24.1 |
| Jul | ₹27.33 | -8.7% | ↑ ₹30.83 ↓ ₹26.6 |
| Aug | ₹25.61 | -6.3% | ↑ ₹27.4 ↓ ₹25.13 |
| Sep | ₹24.18 | -5.6% | ↑ ₹26.57 ↓ ₹23.8 |
| Oct | ₹22.32 | -7.7% | ↑ ₹23.9 ↓ ₹22 |
| Nov | ₹21.8 | -2.4% | ↑ ₹23.6 ↓ ₹21 |
| Dec | ₹21.79 | -0.1% | ↑ ₹23.7 ↓ ₹21.27 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in HDFC in 1998?
In 1998, the opening price of HDFC share was ₹30.80. Today, the price stands at ₹2,729.95, reflecting a growth of 8,763.47%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹8.86 Lakh by 2024. This represents a CAGR of 18.83%.
You might also like to check: HDFC Stock Price in 1997 or HDFC 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.
