Thermax Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Thermax shares perform in 1998?
Let's find out!
Thermax share price in 1998 was ₹28.69 Its price on 1st January 1998 was ₹35.5, and by 31st December 1998 it moved to ₹28.69, giving a negative return of -19.19% for the year.
Thermax Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹35.5 | ₹59.22 | ₹25 | ₹28.69 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Jul 1998 | 31st Dec 1998 |
This page will help you understand how Thermax performed in 1998. 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 2024
Table: Thermax Share Monthly Close, Low, High Prices for 1998
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| Month | Thermax | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹32.86 | - | ↑ ₹42.53 ↓ ₹31.6 |
| Feb | ₹30.88 | -6.1% | ↑ ₹33.56 ↓ ₹28.8 |
| Mar | ₹43.21 | 39.9% | ↑ ₹45.6 ↓ ₹30.4 |
| Apr | ₹47.82 | 10.6% | ↑ ₹59.22 ↓ ₹42 |
| May | ₹43.32 | -9.5% | ↑ ₹49.9 ↓ ₹40.26 |
| Jun | ₹26.28 | -39.4% | ↑ ₹45.7 ↓ ₹25.86 |
| Jul | ₹36.67 | 39.5% | ↑ ₹38.79 ↓ ₹25 |
| Aug | ₹39.18 | 6.8% | ↑ ₹42.03 ↓ ₹35.22 |
| Sep | ₹36.09 | -7.9% | ↑ ₹39.4 ↓ ₹35 |
| Oct | ₹26.75 | -25.9% | ↑ ₹34.78 ↓ ₹25.05 |
| Nov | ₹27.6 | 3.1% | ↑ ₹29.8 ↓ ₹26.4 |
| Dec | ₹28.69 | 3.9% | ↑ ₹29.9 ↓ ₹25.75 |
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 1998?
In 1998, the opening price of Thermax share was ₹35.50. Today, the price stands at ₹5,003.85, reflecting a growth of 13,995.35%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹14.09 Lakh by 2024. This represents a CAGR of 20.96%.
You might also like to check: Thermax Stock Price in 1997 or Thermax 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.
