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IDBI Bank Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did IDBI Bank shares perform in 1998?
Let's find out!
IDBI Bank share price in 1998 was ₹9.65 Its price on 1st January 1998 was ₹23.64, and by 31st December 1998 it moved to ₹9.65, giving a negative return of -59.18% for the year.
IDBI Bank Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹23.64 | ₹30.85 | ₹8.77 | ₹9.65 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Dec 1998 | 31st Dec 1998 |
This page will help you understand how IDBI Bank performed in 1998. 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 2025
Table: IDBI Bank Share Monthly Close, Low, High Prices for 1998
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| Month | IDBI Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹20.68 | - | ↑ ₹24.08 ↓ ₹18.84 |
| Feb | ₹21.43 | 3.6% | ↑ ₹22 ↓ ₹19.09 |
| Mar | ₹21.15 | -1.4% | ↑ ₹23.77 ↓ ₹20.8 |
| Apr | ₹27.12 | 28.2% | ↑ ₹30.85 ↓ ₹21.68 |
| May | ₹20.07 | -26% | ↑ ₹27.97 ↓ ₹19.55 |
| Jun | ₹16.97 | -15.5% | ↑ ₹21.33 ↓ ₹15.24 |
| Jul | ₹15.53 | -8.5% | ↑ ₹18.22 ↓ ₹15.32 |
| Aug | ₹14.59 | -6.1% | ↑ ₹15.95 ↓ ₹14.05 |
| Sep | ₹13.23 | -9.4% | ↑ ₹14.79 ↓ ₹12.81 |
| Oct | ₹10.31 | -22.1% | ↑ ₹13.23 ↓ ₹9.43 |
| Nov | ₹9.55 | -7.4% | ↑ ₹12.02 ↓ ₹9.24 |
| Dec | ₹9.65 | 1% | ↑ ₹10.17 ↓ ₹8.77 |
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 1998?
In 1998, the opening price of IDBI Bank share was ₹23.64. Today, the price stands at ₹77.9, reflecting a growth of 229.52%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹32,952.62 by 2025. This represents a CAGR of 4.52%.
You might also like to check: IDBI Bank Stock Price in 1997 or IDBI 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.
