Steel Authority of India Share Price in 2016: 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 2016?
Let's find out!
Steel Authority of India share price in 2016 was ₹49.3 Its price on 1st January 2016 was ₹48.5, and by 31st December 2016 it moved to ₹49.3, giving a positive return of 1.64% for the year.
Steel Authority of India Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹48.5 | ₹56.1 | ₹33.5 | ₹49.3 |
| 1st Jan 2016 | Occured in Dec 2016 | Occured in Feb 2016 | 31st Dec 2016 |
This page will help you understand how Steel Authority of India performed in 2016. 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 2016
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| Month | Steel Authority of India | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹42.8 | - | ↑ ₹52.1 ↓ ₹40.5 |
| Feb | ₹34.9 | -18.5% | ↑ ₹43.45 ↓ ₹33.5 |
| Mar | ₹43.1 | 23.4% | ↑ ₹45.45 ↓ ₹35.1 |
| Apr | ₹47.4 | 9.9% | ↑ ₹48.8 ↓ ₹42.05 |
| May | ₹42.8 | -9.8% | ↑ ₹48 ↓ ₹38.45 |
| Jun | ₹45.35 | 5.9% | ↑ ₹46 ↓ ₹40.7 |
| Jul | ₹46.95 | 3.5% | ↑ ₹51.15 ↓ ₹45.6 |
| Aug | ₹48.2 | 2.6% | ↑ ₹51 ↓ ₹45 |
| Sep | ₹46.3 | -4% | ↑ ₹54.7 ↓ ₹44.15 |
| Oct | ₹52.05 | 12.4% | ↑ ₹52.3 ↓ ₹46.55 |
| Nov | ₹51.2 | -1.7% | ↑ ₹53.7 ↓ ₹44.1 |
| Dec | ₹49.3 | -3.8% | ↑ ₹56.1 ↓ ₹47.1 |
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 2016?
In 2016, the opening price of Steel Authority of India share was ₹48.50. Today, the price stands at ₹117.59, reflecting a growth of 142.45%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹24,245.36 by 2024. This represents a CAGR of 11.71%.
You might also like to check: Steel Authority of India Stock Price in 2015 or Steel Authority of India 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.
