IDBI Bank Share Price in 1996: Chart, Monthly Trends, & Analysis
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How did IDBI Bank shares perform in 1996?
Let's find out!
IDBI Bank share price in 1996 was ₹54.38 Its price on 1st January 1996 was ₹65.62, and by 31st December 1996 it moved to ₹54.38, giving a negative return of -17.13% for the year.
IDBI Bank Share Open, High, Low, and Close prices for the Year 1996 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹65.62 | ₹86.56 | ₹50.62 | ₹54.38 |
| 1st Jan 1996 | Occured in Jun 1996 | Occured in Dec 1996 | 31st Dec 1996 |
This page will help you understand how IDBI Bank performed in 1996. Let's get started.
For complete insights into IDBI Bank’s incredible stock price performance and growth, see: IDBI Bank Historical Share Price Data from its IPO to 2024
Table: IDBI Bank Share Monthly Close, Low, High Prices for 1996
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| Month | IDBI Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹57.5 | - | ↑ ₹66.25 ↓ ₹56.56 |
| Feb | ₹69.38 | 20.6% | ↑ ₹81.25 ↓ ₹57.5 |
| Mar | ₹68.12 | -1.9% | ↑ ₹70 ↓ ₹62.5 |
| Apr | ₹75 | 10% | ↑ ₹78.75 ↓ ₹66.88 |
| May | ₹73.12 | -2.6% | ↑ ₹76.88 ↓ ₹69.38 |
| Jun | ₹79.06 | 8.1% | ↑ ₹86.56 ↓ ₹73.12 |
| Jul | ₹73.28 | -7.4% | ↑ ₹78.75 ↓ ₹71.41 |
| Aug | ₹73.12 | -0.3% | ↑ ₹75.31 ↓ ₹69.22 |
| Sep | ₹70.16 | -4.1% | ↑ ₹73.59 ↓ ₹68.75 |
| Oct | ₹65.31 | -7% | ↑ ₹71.25 ↓ ₹59.38 |
| Nov | ₹53.12 | -18.7% | ↑ ₹67.97 ↓ ₹52.03 |
| Dec | ₹54.38 | 2.3% | ↑ ₹55.78 ↓ ₹50.62 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in IDBI Bank in 1996?
In 1996, the opening price of IDBI Bank share was ₹65.62. Today, the price stands at ₹77.06, reflecting a growth of 17.43%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1996 would have become ₹11,743.37 by 2024. This represents a CAGR of 0.58%.
You might also like to check: IDBI Bank Stock Price in 1995 or IDBI 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.
