Thermax Share Price in 1996: Chart, Monthly Trends, & Analysis

How did Thermax shares perform in 1996?

Let's find out!

Thermax share price in 1996 was ₹66.98 Its price on 1st January 1996 was ₹65.41, and by 31st December 1996 it moved to ₹66.98, giving a positive return of 2.4% for the year.

Thermax Share Open, High, Low, and Close prices for the Year 1996 are as follows:

Open	High	Low	Close
₹65.41	₹87.4	₹61.4	₹66.98
1st Jan 1996	Occured in Jul 1996	Occured in Jan 1996	31st Dec 1996

This page will help you understand how Thermax performed in 1996. Let's get started.

For complete insights into Thermax’s incredible stock price performance and growth, see: Thermax Historical Share Price Data from its IPO to 2025

Table: Thermax Share Monthly Close, Low, High Prices for 1996

Month	Thermax	Change%	↑High - ↓Low
Jan	₹66.73	-	↑ ₹69.7 ↓ ₹61.4
Feb	₹67.77	1.5%	↑ ₹78.79 ↓ ₹64
Mar	₹69.7	2.8%	↑ ₹71.4 ↓ ₹64.22
Apr	₹76.33	9.4%	↑ ₹78 ↓ ₹69.2
May	₹71.39	-6.5%	↑ ₹80 ↓ ₹70.59
Jun	₹80.95	13.3%	↑ ₹84.8 ↓ ₹67
Jul	₹79.51	-1.8%	↑ ₹87.4 ↓ ₹74
Aug	₹82.45	3.6%	↑ ₹84.2 ↓ ₹76.63
Sep	₹83.29	1%	↑ ₹84 ↓ ₹78.02
Oct	₹68.4	-17.9%	↑ ₹84 ↓ ₹62.41
Nov	₹68.7	0.4%	↑ ₹71.98 ↓ ₹63.4
Dec	₹66.98	-2.6%	↑ ₹69.3 ↓ ₹63.1

Chart: CandleStick and Line Chart Showing Monthly Prices

[Click on line name to show/hide a line]

What if You invested ₹10,000 in Thermax in 1996?

In 1996, the opening price of Thermax share was ₹65.41. Today, the price stands at ₹3,550.8, reflecting a growth of 5,328.52%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1996 would have become ₹5.42 Lakh by 2025. This represents a CAGR of 14.77%.

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You might also like to check: Thermax Stock Price in 1995 or Thermax Stock Price in 1997

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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.