IDBI Bank Share Price in 2008: Chart, Monthly Trends, & Analysis
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How did IDBI Bank shares perform in 2008?
Let's find out!
IDBI Bank share price in 2008 was ₹67.65 Its price on 1st January 2008 was ₹166.5, and by 31st December 2008 it moved to ₹67.65, giving a negative return of -59.37% for the year.
IDBI Bank Share Open, High, Low, and Close prices for the Year 2008 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹166.5 | ₹180.3 | ₹53 | ₹67.65 |
| 1st Jan 2008 | Occured in Jan 2008 | Occured in Oct 2008 | 31st Dec 2008 |
This page will help you understand how IDBI Bank performed in 2008. 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 2008
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| Month | IDBI Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹113.5 | - | ↑ ₹180.3 ↓ ₹90 |
| Feb | ₹118.45 | 4.3% | ↑ ₹124.25 ↓ ₹100.6 |
| Mar | ₹89.05 | -24.9% | ↑ ₹114.9 ↓ ₹81.55 |
| Apr | ₹104.65 | 17.5% | ↑ ₹108.55 ↓ ₹85.7 |
| May | ₹87.3 | -16.6% | ↑ ₹110.5 ↓ ₹86.4 |
| Jun | ₹64.5 | -26.2% | ↑ ₹89.45 ↓ ₹64 |
| Jul | ₹74.95 | 16.2% | ↑ ₹82 ↓ ₹57.2 |
| Aug | ₹83.75 | 11.7% | ↑ ₹94.5 ↓ ₹73.2 |
| Sep | ₹74.4 | -11.2% | ↑ ₹94.4 ↓ ₹64 |
| Oct | ₹58.35 | -21.6% | ↑ ₹78.95 ↓ ₹53 |
| Nov | ₹57.95 | -0.7% | ↑ ₹70.2 ↓ ₹57.35 |
| Dec | ₹67.65 | 16.7% | ↑ ₹71.7 ↓ ₹53.1 |
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 2008?
In 2008, the opening price of IDBI Bank share was ₹166.50. Today, the price stands at ₹77.06, reflecting a growth of -53.72%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2008 would have become ₹4,628.22 by 2024. This represents a CAGR of -4.7%.
You might also like to check: IDBI Bank Stock Price in 2007 or IDBI Bank Stock Price in 2009
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.
