IDBI Bank Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did IDBI Bank shares perform in 2016?
Let's find out!
IDBI Bank share price in 2016 was ₹69.4 Its price on 1st January 2016 was ₹90.8, and by 31st December 2016 it moved to ₹69.4, giving a negative return of -23.57% for the year.
IDBI Bank Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹90.8 | ₹91.15 | ₹47.4 | ₹69.4 |
| 1st Jan 2016 | Occured in Jan 2016 | Occured in Feb 2016 | 31st Dec 2016 |
This page will help you understand how IDBI Bank performed in 2016. 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 2016
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| Month | IDBI Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹58.9 | - | ↑ ₹91.15 ↓ ₹53.85 |
| Feb | ₹58.45 | -0.8% | ↑ ₹64.5 ↓ ₹47.4 |
| Mar | ₹69.5 | 18.9% | ↑ ₹72.34 ↓ ₹58.25 |
| Apr | ₹69.2 | -0.5% | ↑ ₹73.95 ↓ ₹66.09 |
| May | ₹67.95 | -1.9% | ↑ ₹70.05 ↓ ₹63 |
| Jun | ₹69.75 | 2.6% | ↑ ₹72.65 ↓ ₹63.35 |
| Jul | ₹69.84 | 0.1% | ↑ ₹77.5 ↓ ₹69.59 |
| Aug | ₹72.9 | 4.3% | ↑ ₹76 ↓ ₹65.45 |
| Sep | ₹68.65 | -5.9% | ↑ ₹80.75 ↓ ₹66.55 |
| Oct | ₹73.7 | 7.3% | ↑ ₹77.8 ↓ ₹68.2 |
| Nov | ₹69.34 | -6% | ↑ ₹75.45 ↓ ₹62.95 |
| Dec | ₹69.4 | - | ↑ ₹72.75 ↓ ₹65.25 |
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 2016?
In 2016, the opening price of IDBI Bank share was ₹90.80. Today, the price stands at ₹77.06, reflecting a growth of -15.14%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹8,486.78 by 2024. This represents a CAGR of -2.03%.
You might also like to check: IDBI Bank Stock Price in 2015 or IDBI Bank Stock Price in 2017
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.
