SBI Share Price in 1996: Chart, Monthly Trends, & Analysis
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How did SBI shares perform in 1996?
Let's find out!
SBI share price in 1996 was ₹21.37 Its price on 1st January 1996 was ₹18.82, and by 31st December 1996 it moved to ₹21.37, giving a positive return of 13.54% for the year.
SBI Share Open, High, Low, and Close prices for the Year 1996 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹18.82 | ₹31.8 | ₹16.79 | ₹21.37 |
| 1st Jan 1996 | Occured in Apr 1996 | Occured in Jan 1996 | 31st Dec 1996 |
This page will help you understand how SBI performed in 1996. Let's get started.
For complete insights into SBI’s incredible stock price performance and growth, see: SBI Historical Share Price Data from its IPO to 2024
Table: SBI Share Monthly Close, Low, High Prices for 1996
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| Month | SBI | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹18.54 | - | ↑ ₹19.63 ↓ ₹16.79 |
| Feb | ₹22.74 | 22.6% | ↑ ₹24.44 ↓ ₹18.48 |
| Mar | ₹22.43 | -1.4% | ↑ ₹23.3 ↓ ₹21.09 |
| Apr | ₹28.64 | 27.6% | ↑ ₹31.8 ↓ ₹22.74 |
| May | ₹26.51 | -7.5% | ↑ ₹28.59 ↓ ₹24.11 |
| Jun | ₹28.33 | 6.8% | ↑ ₹29.63 ↓ ₹27.46 |
| Jul | ₹27.93 | -1.5% | ↑ ₹31.42 ↓ ₹25.5 |
| Aug | ₹25.64 | -8.2% | ↑ ₹28.33 ↓ ₹24.72 |
| Sep | ₹23.85 | -7% | ↑ ₹26.96 ↓ ₹23.42 |
| Oct | ₹21.75 | -8.9% | ↑ ₹23.99 ↓ ₹19.18 |
| Nov | ₹20.59 | -5.4% | ↑ ₹22.08 ↓ ₹19.67 |
| Dec | ₹21.37 | 3.7% | ↑ ₹21.63 ↓ ₹19.05 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in SBI in 1996?
In 1996, the opening price of SBI share was ₹18.82. Today, the price stands at ₹814.5, reflecting a growth of 4,227.84%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1996 would have become ₹4.32 Lakh by 2024. This represents a CAGR of 14.4%.
You might also like to check: SBI Stock Price in 1995 or SBI 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.
