Schaeffler India Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Schaeffler India shares perform in 1998?
Let's find out!
Schaeffler India share price in 1998 was ₹6.29 Its price on 1st January 1998 was ₹9.98, and by 31st December 1998 it moved to ₹6.29, giving a negative return of -36.98% for the year.
Schaeffler India Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹9.98 | ₹10.58 | ₹4.59 | ₹6.29 |
| 1st Jan 1998 | Occured in Jan 1998 | Occured in Aug 1998 | 31st Dec 1998 |
This page will help you understand how Schaeffler India performed in 1998. Let's get started.
For complete insights into Schaeffler India’s incredible stock price performance and growth, see: Schaeffler India Historical Share Price Data from its IPO to 2024
Table: Schaeffler India Share Monthly Close, Low, High Prices for 1998
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| Month | Schaeffler India | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹8.52 | - | ↑ ₹10.58 ↓ ₹8.52 |
| Feb | ₹8.27 | -3.1% | ↑ ₹8.58 ↓ ₹7.59 |
| Mar | ₹9.68 | 17% | ↑ ₹10.02 ↓ ₹7.59 |
| Apr | ₹8.58 | -11.4% | ↑ ₹10.58 ↓ ₹7.99 |
| May | ₹6 | -30.1% | ↑ ₹8.77 ↓ ₹5.79 |
| Jun | ₹6.18 | 2.9% | ↑ ₹6.58 ↓ ₹5.13 |
| Jul | ₹5.49 | -11.2% | ↑ ₹6.57 ↓ ₹5.49 |
| Aug | ₹5.19 | -5.5% | ↑ ₹5.39 ↓ ₹4.59 |
| Sep | ₹6.39 | 23.1% | ↑ ₹6.99 ↓ ₹5.19 |
| Oct | ₹5.47 | -14.4% | ↑ ₹7.69 ↓ ₹5.39 |
| Nov | ₹5.29 | -3.3% | ↑ ₹6.17 ↓ ₹5.24 |
| Dec | ₹6.29 | 18.9% | ↑ ₹6.74 ↓ ₹5.39 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Schaeffler India in 1998?
In 1998, the opening price of Schaeffler India share was ₹9.98. Today, the price stands at ₹3,399.89, reflecting a growth of 33,967.03%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹34.06 Lakh by 2024. This represents a CAGR of 25.14%.
You might also like to check: Schaeffler India Stock Price in 1997 or Schaeffler India 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.
