IDBI Bank Share Price in 1997: Chart, Monthly Trends, & Analysis
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How did IDBI Bank shares perform in 1997?
Let's find out!
IDBI Bank share price in 1997 was ₹57.81 Its price on 1st January 1997 was ₹55.94, and by 31st December 1997 it moved to ₹57.81, giving a positive return of 3.34% for the year.
IDBI Bank Share Open, High, Low, and Close prices for the Year 1997 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹55.94 | ₹71.56 | ₹49.38 | ₹57.81 |
| 1st Jan 1997 | Occured in Aug 1997 | Occured in Nov 1997 | 31st Dec 1997 |
This page will help you understand how IDBI Bank performed in 1997. 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 1997
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| Month | IDBI Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹59.38 | - | ↑ ₹70.94 ↓ ₹55.62 |
| Feb | ₹57.19 | -3.7% | ↑ ₹63.28 ↓ ₹55 |
| Mar | ₹52.81 | -7.7% | ↑ ₹67.19 ↓ ₹52.19 |
| Apr | ₹56.25 | 6.5% | ↑ ₹58.75 ↓ ₹51.88 |
| May | ₹57.34 | 1.9% | ↑ ₹60.78 ↓ ₹53.12 |
| Jun | ₹63.91 | 11.4% | ↑ ₹64.38 ↓ ₹56.41 |
| Jul | ₹63.28 | -1% | ↑ ₹67.5 ↓ ₹58.12 |
| Aug | ₹61.72 | -2.5% | ↑ ₹71.56 ↓ ₹59.84 |
| Sep | ₹62.19 | 0.7% | ↑ ₹69.38 ↓ ₹60.62 |
| Oct | ₹61.09 | -1.8% | ↑ ₹67.97 ↓ ₹60 |
| Nov | ₹52.5 | -14.1% | ↑ ₹61.88 ↓ ₹49.38 |
| Dec | ₹57.81 | 10.1% | ↑ ₹57.97 ↓ ₹50.31 |
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 1997?
In 1997, the opening price of IDBI Bank share was ₹55.94. Today, the price stands at ₹77.06, reflecting a growth of 37.75%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1997 would have become ₹13,775.47 by 2024. This represents a CAGR of 1.19%.
You might also like to check: IDBI Bank Stock Price in 1996 or IDBI Bank Stock Price in 1998
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.
