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 ₹4.29 Its price on 1st January 1998 was ₹3.12, and by 31st December 1998 it moved to ₹4.29, giving a positive return of 37.49% for the year.
Marico Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹3.12 | ₹4.57 | ₹2.62 | ₹4.29 |
| 1st Jan 1998 | Occured in Dec 1998 | Occured in Feb 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 | ₹2.7 | - | ↑ ₹3.32 ↓ ₹2.7 |
| Feb | ₹2.88 | 6.6% | ↑ ₹2.88 ↓ ₹2.62 |
| Mar | ₹3.16 | 9.7% | ↑ ₹3.34 ↓ ₹2.79 |
| Apr | ₹3.8 | 20.2% | ↑ ₹4.38 ↓ ₹3.2 |
| May | ₹3.58 | -5.8% | ↑ ₹4.13 ↓ ₹3.58 |
| Jun | ₹2.92 | -18.5% | ↑ ₹3.64 ↓ ₹2.77 |
| Jul | ₹3.26 | 11.6% | ↑ ₹3.52 ↓ ₹2.74 |
| Aug | ₹3.32 | 1.8% | ↑ ₹3.7 ↓ ₹3.28 |
| Sep | ₹3.71 | 11.7% | ↑ ₹3.76 ↓ ₹3.23 |
| Oct | ₹3.77 | 1.6% | ↑ ₹3.84 ↓ ₹3.47 |
| Nov | ₹3.9 | 3.4% | ↑ ₹3.95 ↓ ₹3.67 |
| Dec | ₹4.29 | 10% | ↑ ₹4.57 ↓ ₹3.95 |
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 ₹3.12. Today, the price stands at ₹592.25, reflecting a growth of 18,882.37%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹18.98 Lakh by 2024. This represents a CAGR of 22.36%.
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.
