MMTC Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did MMTC shares perform in 2016?
Let's find out!
MMTC share price in 2016 was ₹35.17 Its price on 1st January 2016 was ₹31.9, and by 31st December 2016 it moved to ₹35.17, giving a positive return of 10.25% for the year.
MMTC Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹31.9 | ₹37.86 | ₹19.97 | ₹35.17 |
| 1st Jan 2016 | Occured in Dec 2016 | Occured in Feb 2016 | 31st Dec 2016 |
This page will help you understand how MMTC performed in 2016. Let's get started.
For complete insights into MMTC’s incredible stock price performance and growth, see: MMTC Historical Share Price Data from its IPO to 2024
Table: MMTC Share Monthly Close, Low, High Prices for 2016
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| Month | MMTC | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹27.2 | - | ↑ ₹34.53 ↓ ₹25.37 |
| Feb | ₹20.67 | -24.1% | ↑ ₹27.57 ↓ ₹19.97 |
| Mar | ₹24.93 | 20.6% | ↑ ₹26.87 ↓ ₹20.67 |
| Apr | ₹26.1 | 4.6% | ↑ ₹28 ↓ ₹24.63 |
| May | ₹23.57 | -9.7% | ↑ ₹26.6 ↓ ₹23.33 |
| Jun | ₹29.87 | 26.7% | ↑ ₹31.6 ↓ ₹23.73 |
| Jul | ₹30 | 0.4% | ↑ ₹33 ↓ ₹29.6 |
| Aug | ₹30.13 | 0.4% | ↑ ₹31.93 ↓ ₹27.97 |
| Sep | ₹29.47 | -2.2% | ↑ ₹32.53 ↓ ₹28.73 |
| Oct | ₹31.37 | 6.4% | ↑ ₹32.53 ↓ ₹29.47 |
| Nov | ₹30.57 | -2.6% | ↑ ₹36.77 ↓ ₹26.67 |
| Dec | ₹35.17 | 15% | ↑ ₹37.86 ↓ ₹30.47 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in MMTC in 2016?
In 2016, the opening price of MMTC share was ₹31.90. Today, the price stands at ₹73.62, reflecting a growth of 130.78%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹23,078.36 by 2024. This represents a CAGR of 11.02%.
You might also like to check: MMTC Stock Price in 2015 or MMTC 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.
