Indian Oil Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Indian Oil shares perform in 1998?
Let's find out!
Indian Oil share price in 1998 was ₹3.43 Its price on 1st January 1998 was ₹5.04, and by 31st December 1998 it moved to ₹3.43, giving a negative return of -31.95% for the year.
Indian Oil Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹5.04 | ₹20.32 | ₹3.06 | ₹3.43 |
| 1st Jan 1998 | Occured in Nov 1998 | Occured in Oct 1998 | 31st Dec 1998 |
This page will help you understand how Indian Oil performed in 1998. Let's get started.
For complete insights into Indian Oil’s incredible stock price performance and growth, see: Indian Oil Historical Share Price Data from its IPO to 2025
Table: Indian Oil Share Monthly Close, Low, High Prices for 1998
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| Month | Indian Oil | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹5.27 | - |
↑ ₹6 ↓ ₹4.79 |
| Feb | ₹5.14 | -2.5% |
↑ ₹5.51 ↓ ₹4.88 |
| Mar | ₹4.63 | -9.8% |
↑ ₹5.43 ↓ ₹4.13 |
| Apr | ₹4.22 | -9.1% |
↑ ₹4.79 ↓ ₹3.78 |
| May | ₹4.83 | 14.4% |
↑ ₹5.27 ↓ ₹4.18 |
| Jun | ₹3.99 | -17.4% |
↑ ₹4.91 ↓ ₹3.68 |
| Jul | ₹3.79 | -5.1% |
↑ ₹4.01 ↓ ₹3.46 |
| Aug | ₹3.64 | -4% |
↑ ₹3.97 ↓ ₹3.52 |
| Sep | ₹3.38 | -7.2% |
↑ ₹3.71 ↓ ₹3.34 |
| Oct | ₹3.3 | -2.4% |
↑ ₹3.38 ↓ ₹3.06 |
| Nov | ₹3.29 | -0.4% |
↑ ₹20.32 ↓ ₹3.15 |
| Dec | ₹3.43 | 4.2% |
↑ ₹20.04 ↓ ₹3.15 |
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 Oil in 1998?
In 1998, the opening price of Indian Oil share was ₹5.04. Today, the price stands at ₹141.68, reflecting a growth of 2,711.11%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹2.81 Lakh by 2025. This represents a CAGR of 13.15%.
You might also like to check: Indian Oil Stock Price in 1997 or Indian Oil 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.
