Tata Steel Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Tata Steel shares perform in 1998?
Let's find out!
Tata Steel share price in 1998 was ₹6.22 Its price on 1st January 1998 was ₹7.13, and by 31st December 1998 it moved to ₹6.22, giving a negative return of -12.77% for the year.
Tata Steel Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹7.13 | ₹8.93 | ₹3.63 | ₹6.22 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Oct 1998 | 31st Dec 1998 |
This page will help you understand how Tata Steel performed in 1998. Let's get started.
For complete insights into Tata Steel’s incredible stock price performance and growth, see: Tata Steel Historical Share Price Data from its IPO to 2024
Table: Tata Steel Share Monthly Close, Low, High Prices for 1998
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| Month | Tata Steel | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹6.55 | - | ↑ ₹7.69 ↓ ₹6.42 |
| Feb | ₹7.01 | 7% | ↑ ₹7.09 ↓ ₹6.31 |
| Mar | ₹7.91 | 12.8% | ↑ ₹8.48 ↓ ₹6.9 |
| Apr | ₹8.01 | 1.2% | ↑ ₹8.93 ↓ ₹7.91 |
| May | ₹7.96 | -0.7% | ↑ ₹8.48 ↓ ₹7.18 |
| Jun | ₹6.68 | -16.1% | ↑ ₹8.64 ↓ ₹6.15 |
| Jul | ₹5.43 | -18.8% | ↑ ₹7.1 ↓ ₹5.28 |
| Aug | ₹4.76 | -12.2% | ↑ ₹5.57 ↓ ₹4.73 |
| Sep | ₹4.88 | 2.3% | ↑ ₹5.28 ↓ ₹4.58 |
| Oct | ₹4.29 | -12.1% | ↑ ₹4.79 ↓ ₹3.63 |
| Nov | ₹4.55 | 6% | ↑ ₹5.23 ↓ ₹4.28 |
| Dec | ₹6.22 | 36.7% | ↑ ₹6.57 ↓ ₹4.53 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Tata Steel in 1998?
In 1998, the opening price of Tata Steel share was ₹7.13. Today, the price stands at ₹140.13, reflecting a growth of 1,865.49%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹1.96 Lakh by 2024. This represents a CAGR of 12.14%.
You might also like to check: Tata Steel Stock Price in 1997 or Tata Steel 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.
