Hindalco Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Hindalco shares perform in 1998?
Let's find out!
Hindalco share price in 1998 was ₹43.77 Its price on 1st January 1998 was ₹63.69, and by 31st December 1998 it moved to ₹43.77, giving a negative return of -31.28% for the year.
Hindalco Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹63.69 | ₹75.58 | ₹34.31 | ₹43.77 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Sep 1998 | 31st Dec 1998 |
This page will help you understand how Hindalco performed in 1998. Let's get started.
For complete insights into Hindalco’s incredible stock price performance and growth, see: Hindalco Historical Share Price Data from its IPO to 2024
Table: Hindalco Share Monthly Close, Low, High Prices for 1998
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| Month | Hindalco | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹50.54 | - | ↑ ₹68.33 ↓ ₹48.68 |
| Feb | ₹54.62 | 8% | ↑ ₹55.68 ↓ ₹50.82 |
| Mar | ₹57.22 | 4.7% | ↑ ₹61.07 ↓ ₹54.23 |
| Apr | ₹64.48 | 12.6% | ↑ ₹75.58 ↓ ₹56.8 |
| May | ₹53.46 | -17.1% | ↑ ₹69.81 ↓ ₹51.69 |
| Jun | ₹57.01 | 6.6% | ↑ ₹58.84 ↓ ₹47.59 |
| Jul | ₹52.1 | -8.7% | ↑ ₹57.22 ↓ ₹51.24 |
| Aug | ₹36.53 | -29.9% | ↑ ₹52.1 ↓ ₹35.27 |
| Sep | ₹43.58 | 19.2% | ↑ ₹46.29 ↓ ₹34.31 |
| Oct | ₹43.69 | 0.2% | ↑ ₹46.27 ↓ ₹41 |
| Nov | ₹42.75 | -2.2% | ↑ ₹48.17 ↓ ₹41.59 |
| Dec | ₹43.77 | 2.3% | ↑ ₹46.01 ↓ ₹41.85 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Hindalco in 1998?
In 1998, the opening price of Hindalco share was ₹63.69. Today, the price stands at ₹628.04, reflecting a growth of 886.08%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹98,608.88 by 2024. This represents a CAGR of 9.2%.
You might also like to check: Hindalco Stock Price in 1997 or Hindalco 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.
