Marico Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Marico shares perform in 1998?
Let's find out!
Marico share price in 1998 was ₹2.75 Its price on 1st January 1998 was ₹1.95, and by 31st December 1998 it moved to ₹2.75, giving a positive return of 41.02% for the year.
Marico Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹1.95 | ₹2.91 | ₹1.6 | ₹2.75 |
| 1st Jan 1998 | Occured in Dec 1998 | Occured in Jan 1998 | 31st Dec 1998 |
This page will help you understand how Marico performed in 1998. Let's get started.
For complete insights into Marico’s incredible stock price performance and growth, see: Marico Historical Share Price Data from its IPO to 2024
Table: Marico Share Monthly Close, Low, High Prices for 1998
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| Month | Marico | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹1.74 | - | ↑ ₹2.09 ↓ ₹1.6 |
| Feb | ₹1.81 | 4% | ↑ ₹1.9 ↓ ₹1.66 |
| Mar | ₹2 | 10.4% | ↑ ₹2.13 ↓ ₹1.74 |
| Apr | ₹2.48 | 24% | ↑ ₹2.88 ↓ ₹2.04 |
| May | ₹2.35 | -5.3% | ↑ ₹2.59 ↓ ₹2.27 |
| Jun | ₹1.84 | -21.8% | ↑ ₹2.38 ↓ ₹1.72 |
| Jul | ₹2.09 | 13.5% | ↑ ₹2.21 ↓ ₹1.84 |
| Aug | ₹2.13 | 1.9% | ↑ ₹2.38 ↓ ₹2.06 |
| Sep | ₹2.38 | 11.7% | ↑ ₹2.38 ↓ ₹2.06 |
| Oct | ₹2.38 | - | ↑ ₹2.46 ↓ ₹2.17 |
| Nov | ₹2.5 | 5% | ↑ ₹2.54 ↓ ₹2.29 |
| Dec | ₹2.75 | 10% | ↑ ₹2.91 ↓ ₹2.5 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Marico in 1998?
In 1998, the opening price of Marico share was ₹1.95. Today, the price stands at ₹632.6, reflecting a growth of 32,341.02%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹32.44 Lakh by 2024. This represents a CAGR of 24.91%.
You might also like to check: Marico Stock Price in 1997 or Marico 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.
