IFB Industries Share Price in 1998: Chart, Monthly Trends, & Analysis
Advertisement
How did IFB Industries shares perform in 1998?
Let's find out!
IFB Industries share price in 1998 was ₹5.8 Its price on 1st January 1998 was ₹19.5, and by 31st December 1998 it moved to ₹5.8, giving a negative return of -70.26% for the year.
IFB Industries Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹19.5 | ₹23 | ₹5.3 | ₹5.8 |
| 1st Jan 1998 | Occured in May 1998 | Occured in Dec 1998 | 31st Dec 1998 |
This page will help you understand how IFB Industries performed in 1998. Let's get started.
For complete insights into IFB Industries’s incredible stock price performance and growth, see: IFB Industries Historical Share Price Data from its IPO to 2024
Table: IFB Industries Share Monthly Close, Low, High Prices for 1998
Advertisement
| Month | IFB Industries | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹17.3 | - | ↑ ₹22.8 ↓ ₹16.6 |
| Feb | ₹16.5 | -4.7% | ↑ ₹18.25 ↓ ₹15.5 |
| Mar | ₹15.25 | -7.6% | ↑ ₹21 ↓ ₹14.35 |
| Apr | ₹14 | -8.2% | ↑ ₹20.39 ↓ ₹12 |
| May | ₹20.85 | 48.9% | ↑ ₹23 ↓ ₹13.5 |
| Jun | ₹13.5 | -35.3% | ↑ ₹22 ↓ ₹12.5 |
| Jul | ₹8.5 | -37.1% | ↑ ₹13.4 ↓ ₹7.55 |
| Aug | ₹7.75 | -8.9% | ↑ ₹7.75 ↓ ₹6 |
| Sep | ₹8.3 | 7% | ↑ ₹8.69 ↓ ₹7 |
| Oct | ₹7 | -15.7% | ↑ ₹8.19 ↓ ₹6.5 |
| Nov | ₹6 | -14.3% | ↑ ₹8.25 ↓ ₹6 |
| Dec | ₹5.8 | -3.4% | ↑ ₹6.75 ↓ ₹5.3 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in IFB Industries in 1998?
In 1998, the opening price of IFB Industries share was ₹19.50. Today, the price stands at ₹1,569.94, reflecting a growth of 7,950.97%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹8.05 Lakh by 2024. This represents a CAGR of 18.39%.
You might also like to check: IFB Industries Stock Price in 1997 or IFB Industries 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.
