HDFC BANK Share Price in 1996: Chart, Monthly Trends, & Analysis
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How did HDFC BANK shares perform in 1996?
Let's find out!
HDFC BANK share price in 1996 was ₹8.05 Its price on 1st January 1996 was ₹6.05, and by 31st December 1996 it moved to ₹8.05, giving a positive return of 33.05% for the year.
HDFC BANK Share Open, High, Low, and Close prices for the Year 1996 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹6.05 | ₹8.6 | ₹4.8 | ₹8.05 |
| 1st Jan 1996 | Occured in Jun 1996 | Occured in Jan 1996 | 31st Dec 1996 |
This page will help you understand how HDFC BANK performed in 1996. Let's get started.
For complete insights into HDFC BANK’s incredible stock price performance and growth, see: HDFC BANK Historical Share Price Data from its IPO to 2024
Table: HDFC BANK Share Monthly Close, Low, High Prices for 1996
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| Month | HDFC BANK | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹5.15 | - | ↑ ₹6.05 ↓ ₹4.8 |
| Feb | ₹6.1 | 18.4% | ↑ ₹7.7 ↓ ₹5.15 |
| Mar | ₹6.5 | 6.5% | ↑ ₹6.7 ↓ ₹5.85 |
| Apr | ₹7.2 | 10.7% | ↑ ₹8.4 ↓ ₹6.45 |
| May | ₹6.8 | -5.6% | ↑ ₹7.25 ↓ ₹6.55 |
| Jun | ₹7.8 | 14.7% | ↑ ₹8.6 ↓ ₹6.8 |
| Jul | ₹7.1 | -9% | ↑ ₹8.15 ↓ ₹6.6 |
| Aug | ₹7.2 | 1.4% | ↑ ₹7.6 ↓ ₹6.7 |
| Sep | ₹7.25 | 0.6% | ↑ ₹7.55 ↓ ₹7 |
| Oct | ₹7.55 | 4.1% | ↑ ₹7.85 ↓ ₹6.5 |
| Nov | ₹7.65 | 1.3% | ↑ ₹7.95 ↓ ₹7.3 |
| Dec | ₹8.05 | 5.2% | ↑ ₹8.05 ↓ ₹7.4 |
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 BANK in 1996?
In 1996, the opening price of HDFC BANK share was ₹6.05. Today, the price stands at ₹1,785.59, reflecting a growth of 29,413.88%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1996 would have become ₹29.51 Lakh by 2024. This represents a CAGR of 22.52%.
You might also like to check: HDFC BANK Stock Price in 1995 or HDFC BANK Stock Price in 1997
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.
