Tech Mahindra Share Price in 2016: Chart, Monthly Trends, & Analysis
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Tech MahindraShare Price HistoryTomorrow TargetLong Term TargetDividend HistoryBonus HistorySplit History
How did Tech Mahindra shares perform in 2016?
Let's find out!
Tech Mahindra share price in 2016 was ₹461.94 Its price on 1st January 2016 was ₹488.43, and by 31st December 2016 it moved to ₹461.94, giving a negative return of -5.43% for the year.
Tech Mahindra Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹488.43 | ₹526.54 | ₹380.6 | ₹461.94 |
| 1st Jan 2016 | Occured in May 2016 | Occured in Feb 2016 | 31st Dec 2016 |
This page will help you understand how Tech Mahindra performed in 2016. Let's get started.
For complete insights into Tech Mahindra’s incredible stock price performance and growth, see: Tech Mahindra Historical Share Price Data from its IPO to 2024
Table: Tech Mahindra Share Monthly Close, Low, High Prices for 2016
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| Month | Tech Mahindra | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹468.44 | - | ↑ ₹494.97 ↓ ₹460.74 |
| Feb | ₹387.65 | -17.3% | ↑ ₹483.81 ↓ ₹380.6 |
| Mar | ₹444.07 | 14.5% | ↑ ₹465.13 ↓ ₹389.29 |
| Apr | ₹455.04 | 2.4% | ↑ ₹456.72 ↓ ₹413.85 |
| May | ₹502.86 | 10.5% | ↑ ₹526.54 ↓ ₹429.64 |
| Jun | ₹472.97 | -6% | ↑ ₹520.33 ↓ ₹461.34 |
| Jul | ₹460.05 | -2.8% | ↑ ₹490.34 ↓ ₹455.7 |
| Aug | ₹443.03 | -3.7% | ↑ ₹481.93 ↓ ₹423.94 |
| Sep | ₹396.9 | -10.5% | ↑ ₹457.02 ↓ ₹396.05 |
| Oct | ₹415.43 | 4.6% | ↑ ₹419.31 ↓ ₹382.92 |
| Nov | ₹458.82 | 10.4% | ↑ ₹468.08 ↓ ₹387.55 |
| Dec | ₹461.94 | 0.6% | ↑ ₹466 ↓ ₹428.66 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Tech Mahindra in 2016?
In 2016, the opening price of Tech Mahindra share was ₹488.43. Today, the price stands at ₹1,687.5, reflecting a growth of 245.49%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹34,549.47 by 2024. This represents a CAGR of 16.76%.
You might also like to check: Tech Mahindra Stock Price in 2015 or Tech Mahindra 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.
