SBI Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did SBI shares perform in 1998?
Let's find out!
SBI share price in 1998 was ₹14.82 Its price on 1st January 1998 was ₹22.88, and by 31st December 1998 it moved to ₹14.82, giving a negative return of -35.23% for the year.
SBI Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹22.88 | ₹29.04 | ₹13.76 | ₹14.82 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Nov 1998 | 31st Dec 1998 |
This page will help you understand how SBI performed in 1998. 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 1998
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| Month | SBI | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹22.53 | - | ↑ ₹24.41 ↓ ₹21.32 |
| Feb | ₹24.25 | 7.6% | ↑ ₹24.31 ↓ ₹22.13 |
| Mar | ₹26.61 | 9.7% | ↑ ₹27.45 ↓ ₹23.12 |
| Apr | ₹27.17 | 2.1% | ↑ ₹29.04 ↓ ₹26.63 |
| May | ₹22.83 | -16% | ↑ ₹27.65 ↓ ₹22.25 |
| Jun | ₹19.94 | -12.7% | ↑ ₹23.54 ↓ ₹17.51 |
| Jul | ₹19.82 | -0.7% | ↑ ₹21.85 ↓ ₹18.22 |
| Aug | ₹17.3 | -12.8% | ↑ ₹19.54 ↓ ₹16.89 |
| Sep | ₹18.89 | 9.1% | ↑ ₹20.18 ↓ ₹16.7 |
| Oct | ₹14.68 | -22.3% | ↑ ₹18.35 ↓ ₹14.16 |
| Nov | ₹14.2 | -3.3% | ↑ ₹15.9 ↓ ₹13.76 |
| Dec | ₹14.82 | 4.3% | ↑ ₹15.56 ↓ ₹14.01 |
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 1998?
In 1998, the opening price of SBI share was ₹22.88. Today, the price stands at ₹814.5, reflecting a growth of 3,459.87%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹3.55 Lakh by 2024. This represents a CAGR of 14.73%.
You might also like to check: SBI Stock Price in 1997 or SBI 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.
