ONGC Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did ONGC shares perform in 1998?
Let's find out!
ONGC share price in 1998 was ₹22.44 Its price on 1st January 1998 was ₹31.72, and by 31st December 1998 it moved to ₹22.44, giving a negative return of -29.26% for the year.
ONGC Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹31.72 | ₹36.67 | ₹18 | ₹22.44 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Oct 1998 | 31st Dec 1998 |
This page will help you understand how ONGC performed in 1998. Let's get started.
For complete insights into ONGC’s incredible stock price performance and growth, see: ONGC Historical Share Price Data from its IPO to 2024
Table: ONGC Share Monthly Close, Low, High Prices for 1998
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| Month | ONGC | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹24.88 | - | ↑ ₹31.89 ↓ ₹24.22 |
| Feb | ₹29.3 | 17.7% | ↑ ₹29.69 ↓ ₹24.89 |
| Mar | ₹30.63 | 4.5% | ↑ ₹32.22 ↓ ₹25.93 |
| Apr | ₹30.33 | -1% | ↑ ₹36.67 ↓ ₹29.14 |
| May | ₹28.42 | -6.3% | ↑ ₹31.78 ↓ ₹27.22 |
| Jun | ₹19.78 | -30.5% | ↑ ₹29.27 ↓ ₹19.39 |
| Jul | ₹18.88 | -4.6% | ↑ ₹22.09 ↓ ₹18.68 |
| Aug | ₹19.8 | 4.8% | ↑ ₹21.91 ↓ ₹18.32 |
| Sep | ₹19.52 | -1.5% | ↑ ₹22.78 ↓ ₹19.32 |
| Oct | ₹19.92 | 2% | ↑ ₹20.32 ↓ ₹18 |
| Nov | ₹20.67 | 3.7% | ↑ ₹21.67 ↓ ₹19.39 |
| Dec | ₹22.44 | 8.5% | ↑ ₹23.32 ↓ ₹19.89 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in ONGC in 1998?
In 1998, the opening price of ONGC share was ₹31.72. Today, the price stands at ₹240.25, reflecting a growth of 657.4%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹75,740.85 by 2024. This represents a CAGR of 8.1%.
You might also like to check: ONGC Stock Price in 1997 or ONGC 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.
