Indian Bank Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did Indian Bank shares perform in 2016?
Let's find out!
Indian Bank share price in 2016 was ₹220.85 Its price on 1st January 2016 was ₹116.25, and by 31st December 2016 it moved to ₹220.85, giving a positive return of 89.97% for the year.
Indian Bank Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹116.25 | ₹276.39 | ₹75.3 | ₹220.85 |
| 1st Jan 2016 | Occured in Nov 2016 | Occured in Mar 2016 | 31st Dec 2016 |
This page will help you understand how Indian Bank performed in 2016. Let's get started.
For complete insights into Indian Bank’s incredible stock price performance and growth, see: Indian Bank Historical Share Price Data from its IPO to 2024
Table: Indian Bank Share Monthly Close, Low, High Prices for 2016
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| Month | Indian Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹91.45 | - | ↑ ₹116.25 ↓ ₹87.8 |
| Feb | ₹76.05 | -16.9% | ↑ ₹93.15 ↓ ₹75.5 |
| Mar | ₹103.9 | 36.6% | ↑ ₹109.4 ↓ ₹75.3 |
| Apr | ₹97.5 | -6.2% | ↑ ₹108.95 ↓ ₹96.4 |
| May | ₹90.85 | -6.9% | ↑ ₹97.7 ↓ ₹84.9 |
| Jun | ₹141.19 | 55.4% | ↑ ₹147.4 ↓ ₹90 |
| Jul | ₹157.94 | 11.8% | ↑ ₹165.9 ↓ ₹139.44 |
| Aug | ₹224.95 | 42.4% | ↑ ₹236.8 ↓ ₹145 |
| Sep | ₹211.1 | -6.2% | ↑ ₹242 ↓ ₹204.65 |
| Oct | ₹230.3 | 9% | ↑ ₹237.6 ↓ ₹206.5 |
| Nov | ₹253.75 | 10.1% | ↑ ₹276.39 ↓ ₹185 |
| Dec | ₹220.85 | -13% | ↑ ₹257.5 ↓ ₹196.5 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Indian Bank in 2016?
In 2016, the opening price of Indian Bank share was ₹116.25. Today, the price stands at ₹544, reflecting a growth of 367.95%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹46,795.69 by 2024. This represents a CAGR of 21.28%.
You might also like to check: Indian Bank Stock Price in 2015 or Indian 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.
