Jindal Stainless Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did Jindal Stainless shares perform in 2016?
Let's find out!
Jindal Stainless share price in 2016 was ₹37.52 Its price on 1st January 2016 was ₹28.75, and by 31st December 2016 it moved to ₹37.52, giving a positive return of 30.5% for the year.
Jindal Stainless Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹28.75 | ₹44.34 | ₹14.15 | ₹37.52 |
| 1st Jan 2016 | Occured in Oct 2016 | Occured in Jun 2016 | 31st Dec 2016 |
This page will help you understand how Jindal Stainless performed in 2016. Let's get started.
For complete insights into Jindal Stainless’s incredible stock price performance and growth, see: Jindal Stainless Historical Share Price Data from its IPO to 2024
Table: Jindal Stainless Share Monthly Close, Low, High Prices for 2016
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| Month | Jindal Stainless | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹22.82 | - | ↑ ₹29.39 ↓ ₹21.92 |
| Feb | ₹17.94 | -21.4% | ↑ ₹23.91 ↓ ₹17.39 |
| Mar | ₹16.69 | -7% | ↑ ₹19.43 ↓ ₹16.54 |
| Apr | ₹16.94 | 1.4% | ↑ ₹19.93 ↓ ₹16.54 |
| May | ₹15 | -11.5% | ↑ ₹18.18 ↓ ₹14.95 |
| Jun | ₹15.84 | 5.5% | ↑ ₹18.18 ↓ ₹14.15 |
| Jul | ₹19.98 | 26.1% | ↑ ₹21.67 ↓ ₹15.59 |
| Aug | ₹23.42 | 17.2% | ↑ ₹28.35 ↓ ₹19.23 |
| Sep | ₹24.56 | 4.8% | ↑ ₹26.8 ↓ ₹21.42 |
| Oct | ₹41.45 | 68.7% | ↑ ₹44.34 ↓ ₹24.36 |
| Nov | ₹36.27 | -12.5% | ↑ ₹43.1 ↓ ₹29.94 |
| Dec | ₹37.52 | 3.4% | ↑ ₹40.65 ↓ ₹34.18 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Jindal Stainless in 2016?
In 2016, the opening price of Jindal Stainless share was ₹28.75. Today, the price stands at ₹694.54, reflecting a growth of 2,315.79%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹2.41 Lakh by 2024. This represents a CAGR of 48.9%.
You might also like to check: Jindal Stainless Stock Price in 2015 or Jindal Stainless 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.
