Mahindra & Mahindra Share Price in 1998: Chart, Monthly Trends, & Analysis
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Mahindra & MahindraShare Price HistoryTomorrow TargetLong Term TargetDividend HistoryNo BonusNo Split
How did Mahindra & Mahindra shares perform in 1998?
Let's find out!
Mahindra & Mahindra share price in 1998 was ₹20.63 Its price on 1st January 1998 was ₹40.25, and by 31st December 1998 it moved to ₹20.63, giving a negative return of -48.75% for the year.
Mahindra & Mahindra Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹40.25 | ₹41.34 | ₹16.76 | ₹20.63 |
| 1st Jan 1998 | Occured in Jan 1998 | Occured in Aug 1998 | 31st Dec 1998 |
This page will help you understand how Mahindra & Mahindra performed in 1998. Let's get started.
For complete insights into Mahindra & Mahindra’s incredible stock price performance and growth, see: Mahindra & Mahindra Historical Share Price Data from its IPO to 2024
Table: Mahindra & Mahindra Share Monthly Close, Low, High Prices for 1998
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| Month | Mahindra & Mahindra | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹31.24 | - | ↑ ₹41.34 ↓ ₹28.64 |
| Feb | ₹30.77 | -1.6% | ↑ ₹31.5 ↓ ₹26.13 |
| Mar | ₹34.08 | 10.7% | ↑ ₹35.94 ↓ ₹31.13 |
| Apr | ₹36.35 | 6.6% | ↑ ₹40.06 ↓ ₹34.5 |
| May | ₹30.35 | -16.6% | ↑ ₹37.34 ↓ ₹29.81 |
| Jun | ₹27.14 | -10.6% | ↑ ₹31.1 ↓ ₹22.33 |
| Jul | ₹19.46 | -28.3% | ↑ ₹27.13 ↓ ₹18.5 |
| Aug | ₹19.72 | 1.3% | ↑ ₹20.98 ↓ ₹16.76 |
| Sep | ₹22.77 | 15.4% | ↑ ₹24.31 ↓ ₹18.75 |
| Oct | ₹18.32 | -19.5% | ↑ ₹22.77 ↓ ₹17.51 |
| Nov | ₹18.73 | 2.2% | ↑ ₹40.75 ↓ ₹17.8 |
| Dec | ₹20.63 | 10% | ↑ ₹40 ↓ ₹17.71 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Mahindra & Mahindra in 1998?
In 1998, the opening price of Mahindra & Mahindra share was ₹40.25. Today, the price stands at ₹2,807.19, reflecting a growth of 6,874.38%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹6.97 Lakh by 2024. This represents a CAGR of 17.73%.
You might also like to check: Mahindra & Mahindra Stock Price in 1997 or Mahindra & Mahindra 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.
