JM Financial Share Price in 1998: Chart, Monthly Trends, & Analysis
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JM FinancialShare Price HistoryTomorrow TargetLong Term TargetDividend HistoryBonus HistorySplit History
How did JM Financial shares perform in 1998?
Let's find out!
JM Financial share price in 1998 was ₹0.12 Its price on 1st January 1998 was ₹0.26, and by 31st December 1998 it moved to ₹0.12, giving a negative return of -53.85% for the year.
JM Financial Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹0.26 | ₹0.32 | ₹0.06 | ₹0.12 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Sep 1998 | 31st Dec 1998 |
This page will help you understand how JM Financial performed in 1998. Let's get started.
For complete insights into JM Financial’s incredible stock price performance and growth, see: JM Financial Historical Share Price Data from its IPO to 2024
Table: JM Financial Share Monthly Close, Low, High Prices for 1998
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| Month | JM Financial | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹0.16 | - | ↑ ₹0.28 ↓ ₹0.16 |
| Feb | ₹0.18 | 12.4% | ↑ ₹0.18 ↓ ₹0.18 |
| Mar | ₹0.26 | 44.4% | ↑ ₹0.28 ↓ ₹0.16 |
| Apr | ₹0.26 | - | ↑ ₹0.32 ↓ ₹0.24 |
| May | ₹0.28 | 7.6% | ↑ ₹0.28 ↓ ₹0.26 |
| Jun | ₹0.2 | -28.6% | ↑ ₹0.32 ↓ ₹0.12 |
| Jul | ₹0.2 | - | ↑ ₹0.2 ↓ ₹0.2 |
| Aug | ₹0.16 | -20.1% | ↑ ₹0.16 ↓ ₹0.08 |
| Sep | ₹0.06 | -62.5% | ↑ ₹0.06 ↓ ₹0.06 |
| Oct | ₹0.08 | 33.3% | ↑ ₹0.08 ↓ ₹0.06 |
| Nov | ₹0.12 | 49.9% | ↑ ₹0.12 ↓ ₹0.12 |
| Dec | ₹0.12 | - | ↑ ₹0.19 ↓ ₹0.1 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in JM Financial in 1998?
In 1998, the opening price of JM Financial share was ₹0.26. Today, the price stands at ₹131, reflecting a growth of 50,284.61%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹50.38 Lakh by 2024. This represents a CAGR of 27.04%.
You might also like to check: JM Financial Stock Price in 1997 or JM Financial 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.
