IndusInd Bank Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did IndusInd Bank shares perform in 1998?
Let's find out!
IndusInd Bank share price in 1998 was ₹19.1 Its price on 1st January 1998 was ₹38, and by 31st December 1998 it moved to ₹19.1, giving a negative return of -49.74% for the year.
IndusInd Bank Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹38 | ₹45.5 | ₹17.55 | ₹19.1 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Dec 1998 | 31st Dec 1998 |
This page will help you understand how IndusInd Bank performed in 1998. Let's get started.
For complete insights into IndusInd Bank’s incredible stock price performance and growth, see: IndusInd Bank Historical Share Price Data from its IPO to 2024
Table: IndusInd Bank Share Monthly Close, Low, High Prices for 1998
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| Month | IndusInd Bank | Change% | ↑High - ↓Low |
|---|---|---|---|
| Mar | ₹31.8 | - | ↑ ₹38 ↓ ₹31.1 |
| Apr | ₹39.1 | 22.9% | ↑ ₹45.5 ↓ ₹31 |
| May | ₹39.95 | 2.1% | ↑ ₹42 ↓ ₹34.7 |
| Jun | ₹30.75 | -23.1% | ↑ ₹42.9 ↓ ₹28 |
| Jul | ₹30.25 | -1.7% | ↑ ₹32 ↓ ₹26.5 |
| Aug | ₹25.6 | -15.4% | ↑ ₹30.25 ↓ ₹24.85 |
| Sep | ₹31.5 | 23% | ↑ ₹39 ↓ ₹23.1 |
| Oct | ₹26.15 | -17% | ↑ ₹29.75 ↓ ₹24.6 |
| Nov | ₹22.05 | -15.7% | ↑ ₹25.25 ↓ ₹21.75 |
| Dec | ₹19.1 | -13.4% | ↑ ₹22.5 ↓ ₹17.55 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in IndusInd Bank in 1998?
In 1998, the opening price of IndusInd Bank share was ₹38.00. Today, the price stands at ₹998.2, reflecting a growth of 2,526.84%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹2.62 Lakh by 2024. This represents a CAGR of 13.39%.
You might also like to check: IndusInd Bank 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.
