Mahanagar Gas Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did Mahanagar Gas shares perform in 2016?
Let's find out!
Mahanagar Gas share price in 2016 was ₹770.85 Its price on 1st January 2016 was ₹492.1, and by 31st December 2016 it moved to ₹770.85, giving a positive return of 56.64% for the year.
Mahanagar Gas Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹492.1 | ₹810.13 | ₹487.27 | ₹770.85 |
| 1st Jan 2016 | Occured in Nov 2016 | Occured in Aug 2016 | 31st Dec 2016 |
This page will help you understand how Mahanagar Gas performed in 2016. Let's get started.
For complete insights into Mahanagar Gas’s incredible stock price performance and growth, see: Mahanagar Gas Historical Share Price Data from its IPO to 2024
Table: Mahanagar Gas Share Monthly Close, Low, High Prices for 2016
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| Month | Mahanagar Gas | Change% | ↑High - ↓Low |
|---|---|---|---|
| Aug | ₹630.59 | - | ↑ ₹639.44 ↓ ₹487.27 |
| Sep | ₹645.91 | 2.4% | ↑ ₹665.28 ↓ ₹585.1 |
| Oct | ₹751.09 | 16.2% | ↑ ₹785.92 ↓ ₹649.97 |
| Nov | ₹752.55 | 0.1% | ↑ ₹810.13 ↓ ₹621.4 |
| Dec | ₹770.85 | 2.4% | ↑ ₹779.8 ↓ ₹714.35 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Mahanagar Gas in 2016?
In 2016, the opening price of Mahanagar Gas share was ₹492.10. Today, the price stands at ₹1,125.33, reflecting a growth of 128.68%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹22,868.11 by 2024. This represents a CAGR of 10.89%.
You might also like to check: Mahanagar Gas 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.
