Indian Oil Share Price in 1998: Chart, Monthly Trends, & Analysis
Advertisement
How did Indian Oil shares perform in 1998?
Let's find out!
Indian Oil share price in 1998 was ₹11.84 Its price on 1st January 1998 was ₹20.97, and by 31st December 1998 it moved to ₹11.84, giving a negative return of -43.54% for the year.
Indian Oil Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹20.97 | ₹22.5 | ₹10.56 | ₹11.84 |
| 1st Jan 1998 | Occured in Jan 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 2024
Table: Indian Oil Share Monthly Close, Low, High Prices for 1998
Advertisement
| Month | Indian Oil | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹18.47 | - | ↑ ₹22.5 ↓ ₹17.78 |
| Feb | ₹19.17 | 3.7% | ↑ ₹19.17 ↓ ₹17.22 |
| Mar | ₹16.61 | -13.4% | ↑ ₹18.32 ↓ ₹14.31 |
| Apr | ₹14.67 | -11.7% | ↑ ₹15.97 ↓ ₹13.61 |
| May | ₹16.64 | 13.4% | ↑ ₹17.53 ↓ ₹14.5 |
| Jun | ₹13.83 | -17% | ↑ ₹18 ↓ ₹12.81 |
| Jul | ₹13.14 | -5% | ↑ ₹14.03 ↓ ₹12.09 |
| Aug | ₹12.56 | -4.5% | ↑ ₹13.85 ↓ ₹12.22 |
| Sep | ₹11.65 | -7.3% | ↑ ₹12.72 ↓ ₹11.39 |
| Oct | ₹11.35 | -2.6% | ↑ ₹11.61 ↓ ₹10.56 |
| Nov | ₹11.28 | -0.7% | ↑ ₹11.86 ↓ ₹10.97 |
| Dec | ₹11.84 | 4.9% | ↑ ₹11.88 ↓ ₹10.93 |
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 ₹20.97. Today, the price stands at ₹130.71, reflecting a growth of 523.31%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹62,331.9 by 2024. This represents a CAGR of 7.29%.
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.
