Reliance Industries Share Price in 1998: Chart, Monthly Trends, & Analysis
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Reliance IndustriesShare Price HistoryTomorrow TargetLong Term TargetDividend HistoryBonus HistoryNo Split
How did Reliance Industries shares perform in 1998?
Let's find out!
Reliance Industries share price in 1998 was ₹22.68 Its price on 1st January 1998 was ₹31.43, and by 31st December 1998 it moved to ₹22.68, giving a negative return of -27.84% for the year.
Reliance Industries Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹31.43 | ₹38.79 | ₹18.93 | ₹22.68 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Oct 1998 | 31st Dec 1998 |
This page will help you understand how Reliance Industries performed in 1998. Let's get started.
For complete insights into Reliance Industries’s incredible stock price performance and growth, see: Reliance Industries Historical Share Price Data from its IPO to 2024
Table: Reliance Industries Share Monthly Close, Low, High Prices for 1998
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| Month | Reliance Industries | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹28.37 | - | ↑ ₹33.09 ↓ ₹27.68 |
| Feb | ₹30.29 | 6.7% | ↑ ₹30.39 ↓ ₹28.02 |
| Mar | ₹33.49 | 10.5% | ↑ ₹35.11 ↓ ₹30.22 |
| Apr | ₹36.22 | 8.1% | ↑ ₹38.79 ↓ ₹33.65 |
| May | ₹31.62 | -12.8% | ↑ ₹36.96 ↓ ₹29.93 |
| Jun | ₹27.13 | -14.2% | ↑ ₹33.7 ↓ ₹25.18 |
| Jul | ₹25.79 | -5% | ↑ ₹29.35 ↓ ₹24.65 |
| Aug | ₹20.39 | -21% | ↑ ₹25.46 ↓ ₹20.05 |
| Sep | ₹22.49 | 10.2% | ↑ ₹24.22 ↓ ₹19.37 |
| Oct | ₹20.77 | -7.7% | ↑ ₹22.34 ↓ ₹18.93 |
| Nov | ₹21.24 | 2.2% | ↑ ₹24.12 ↓ ₹20.45 |
| Dec | ₹22.68 | 6.7% | ↑ ₹23.48 ↓ ₹21.11 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Reliance Industries in 1998?
In 1998, the opening price of Reliance Industries share was ₹31.43. Today, the price stands at ₹1,223, reflecting a growth of 3,791.18%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹3.89 Lakh by 2024. This represents a CAGR of 15.12%.
You might also like to check: Reliance Industries Stock Price in 1997 or Reliance Industries 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.
