MRF Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did MRF shares perform in 1998?
Let's find out!
MRF share price in 1998 was ₹1,430 Its price on 1st January 1998 was ₹1,949, and by 31st December 1998 it moved to ₹1,430, giving a negative return of -26.63% for the year.
MRF Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹1,949 | ₹2,875 | ₹1,320 | ₹1,430 |
| 1st Jan 1998 | Occured in May 1998 | Occured in Oct 1998 | 31st Dec 1998 |
This page will help you understand how MRF performed in 1998. Let's get started.
For complete insights into MRF’s incredible stock price performance and growth, see: MRF Historical Share Price Data from its IPO to 2024
Table: MRF Share Monthly Close, Low, High Prices for 1998
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| Month | MRF | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹1,800 | - | ↑ ₹2,150 ↓ ₹1,760 |
| Feb | ₹1,875 | 4.1% | ↑ ₹1,879.75 ↓ ₹1,720 |
| Mar | ₹2,010 | 7.2% | ↑ ₹2,140 ↓ ₹1,816 |
| Apr | ₹2,657.75 | 32.2% | ↑ ₹2,782.5 ↓ ₹1,986 |
| May | ₹2,349.25 | -11.7% | ↑ ₹2,875 ↓ ₹2,280 |
| Jun | ₹1,930.75 | -17.9% | ↑ ₹2,400.25 ↓ ₹1,750 |
| Jul | ₹1,947 | 0.8% | ↑ ₹2,155 ↓ ₹1,817.5 |
| Aug | ₹1,688 | -13.4% | ↑ ₹1,919.5 ↓ ₹1,650 |
| Sep | ₹1,602 | -5.1% | ↑ ₹1,725 ↓ ₹1,600 |
| Oct | ₹1,425 | -11.1% | ↑ ₹1,630 ↓ ₹1,320 |
| Nov | ₹1,396.25 | -2.1% | ↑ ₹1,500 ↓ ₹1,396.25 |
| Dec | ₹1,430 | 2.4% | ↑ ₹1,535 ↓ ₹1,386 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in MRF in 1998?
In 1998, the opening price of MRF share was ₹1949.00. Today, the price stands at ₹1,23,509.89, reflecting a growth of 6,237.09%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹6.33 Lakh by 2024. This represents a CAGR of 17.3%.
You might also like to check: MRF Stock Price in 1997 or MRF 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.
