IDFC First Bank Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did IDFC First Bank shares perform in 2016?
Let's find out!
IDFC First Bank share price in 2016 was ₹60.05 Its price on 1st January 2016 was ₹60.75, and by 31st December 2016 it moved to ₹60.05, giving a negative return of -1.16% for the year.
IDFC First Bank Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹60.75 | ₹83.45 | ₹43.15 | ₹60.05 |
| 1st Jan 2016 | Occured in Sep 2016 | Occured in Jan 2016 | 31st Dec 2016 |
This page will help you understand how IDFC First Bank performed in 2016. Let's get started.
For complete insights into IDFC First Bank’s incredible stock price performance and growth, see: IDFC First Bank Historical Share Price Data from its IPO to 2024
Table: IDFC First Bank Share Monthly Close, Low, High Prices for 2016
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| Month | IDFC First Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹52.5 | - | ↑ ₹61.35 ↓ ₹43.15 |
| Feb | ₹45.55 | -13.3% | ↑ ₹58.8 ↓ ₹45.45 |
| Mar | ₹48.25 | 5.9% | ↑ ₹51 ↓ ₹44.25 |
| Apr | ₹47.75 | -1.1% | ↑ ₹55 ↓ ₹46.9 |
| May | ₹48.2 | 0.9% | ↑ ₹50.4 ↓ ₹46.15 |
| Jun | ₹45.35 | -6% | ↑ ₹48.45 ↓ ₹44.15 |
| Jul | ₹51.75 | 14.1% | ↑ ₹55.5 ↓ ₹45.3 |
| Aug | ₹56.1 | 8.4% | ↑ ₹56.9 ↓ ₹48.2 |
| Sep | ₹79.84 | 42.3% | ↑ ₹83.45 ↓ ₹56.2 |
| Oct | ₹79.65 | -0.3% | ↑ ₹81.5 ↓ ₹72.8 |
| Nov | ₹68.59 | -13.9% | ↑ ₹80.25 ↓ ₹65.34 |
| Dec | ₹60.05 | -12.5% | ↑ ₹69.5 ↓ ₹55.45 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in IDFC First Bank in 2016?
In 2016, the opening price of IDFC First Bank share was ₹60.75. Today, the price stands at ₹64.18, reflecting a growth of 5.64%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹10,564.6 by 2024. This represents a CAGR of 0.69%.
You might also like to check: IDFC First Bank Stock Price in 2015 or IDFC First 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.
