HDFC BANK Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did HDFC BANK shares perform in 1998?
Let's find out!
HDFC BANK share price in 1998 was ₹10.95 Its price on 1st January 1998 was ₹15.9, and by 31st December 1998 it moved to ₹10.95, giving a negative return of -31.14% for the year.
HDFC BANK Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹15.9 | ₹17.5 | ₹9.69 | ₹10.95 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Nov 1998 | 31st Dec 1998 |
This page will help you understand how HDFC BANK performed in 1998. 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 1998
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| Month | HDFC BANK | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹14.25 | - | ↑ ₹16.8 ↓ ₹14 |
| Feb | ₹14.12 | -1% | ↑ ₹14.75 ↓ ₹12.3 |
| Mar | ₹14.29 | 1.2% | ↑ ₹15.6 ↓ ₹13.62 |
| Apr | ₹15.29 | 6.9% | ↑ ₹17.5 ↓ ₹14.3 |
| May | ₹13.83 | -9.6% | ↑ ₹15.9 ↓ ₹13.11 |
| Jun | ₹12.85 | -7.1% | ↑ ₹14.8 ↓ ₹11.02 |
| Jul | ₹12.89 | 0.3% | ↑ ₹14.2 ↓ ₹11.25 |
| Aug | ₹11.61 | -10% | ↑ ₹12.85 ↓ ₹11.12 |
| Sep | ₹12.94 | 11.4% | ↑ ₹14.53 ↓ ₹11.25 |
| Oct | ₹10.54 | -18.6% | ↑ ₹12.75 ↓ ₹10 |
| Nov | ₹10.26 | -2.7% | ↑ ₹11.83 ↓ ₹9.69 |
| Dec | ₹10.95 | 6.7% | ↑ ₹11.44 ↓ ₹10.01 |
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 1998?
In 1998, the opening price of HDFC BANK share was ₹15.90. Today, the price stands at ₹1,742.09, reflecting a growth of 10,856.54%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹10.95 Lakh by 2024. This represents a CAGR of 19.8%.
You might also like to check: HDFC BANK Stock Price in 1997 or HDFC 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.
