Steel Authority of India Share Price in 1996: Chart, Monthly Trends, & Analysis
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Steel Authority of IndiaShare Price HistoryTomorrow TargetLong Term TargetDividend HistoryNo BonusNo Split
How did Steel Authority of India shares perform in 1996?
Let's find out!
Steel Authority of India share price in 1996 was ₹18.5 Its price on 1st January 1996 was ₹26.5, and by 31st December 1996 it moved to ₹18.5, giving a negative return of -30.19% for the year.
Steel Authority of India Share Open, High, Low, and Close prices for the Year 1996 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹26.5 | ₹36 | ₹15.5 | ₹18.5 |
| 1st Jan 1996 | Occured in Feb 1996 | Occured in Dec 1996 | 31st Dec 1996 |
This page will help you understand how Steel Authority of India performed in 1996. Let's get started.
For complete insights into Steel Authority of India’s incredible stock price performance and growth, see: Steel Authority of India Historical Share Price Data from its IPO to 2024
Table: Steel Authority of India Share Monthly Close, Low, High Prices for 1996
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| Month | Steel Authority of India | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹25.5 | - | ↑ ₹26.75 ↓ ₹23.25 |
| Feb | ₹28.25 | 10.7% | ↑ ₹36 ↓ ₹25.25 |
| Mar | ₹27.5 | -2.7% | ↑ ₹31 ↓ ₹25.75 |
| Apr | ₹32.25 | 17.2% | ↑ ₹35.25 ↓ ₹27.75 |
| May | ₹26.75 | -17.1% | ↑ ₹32.25 ↓ ₹26.5 |
| Jun | ₹33 | 23.3% | ↑ ₹35 ↓ ₹27 |
| Jul | ₹25.6 | -22.5% | ↑ ₹32.75 ↓ ₹23 |
| Aug | ₹27.5 | 7.4% | ↑ ₹28.25 ↓ ₹24 |
| Sep | ₹23.05 | -16.2% | ↑ ₹27.75 ↓ ₹22.75 |
| Oct | ₹21.25 | -7.9% | ↑ ₹24.5 ↓ ₹19.5 |
| Nov | ₹16.5 | -22.4% | ↑ ₹22.5 ↓ ₹16 |
| Dec | ₹18.5 | 12.1% | ↑ ₹19.5 ↓ ₹15.5 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Steel Authority of India in 1996?
In 1996, the opening price of Steel Authority of India share was ₹26.50. Today, the price stands at ₹110.59, reflecting a growth of 317.32%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1996 would have become ₹41,732.07 by 2024. This represents a CAGR of 5.23%.
You might also like to check: Steel Authority of India Stock Price in 1995 or Steel Authority of India Stock Price in 1997
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.
