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Thermax Share Price in 2016: Chart, Monthly Trends, & Analysis
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How did Thermax shares perform in 2016?
Let's find out!
Thermax share price in 2016 was ₹711.36 Its price on 1st January 2016 was ₹873.02, and by 31st December 2016 it moved to ₹711.36, giving a negative return of -18.52% for the year.
Thermax Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹873.02 | ₹907.86 | ₹655.62 | ₹711.36 |
| 1st Jan 2016 | Occured in Oct 2016 | Occured in May 2016 | 31st Dec 2016 |
This page will help you understand how Thermax performed in 2016. 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 2016
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| Month | Thermax | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹796.72 | - | ↑ ₹874.16 ↓ ₹772.49 |
| Feb | ₹713.77 | -10.5% | ↑ ₹798.14 ↓ ₹680.13 |
| Mar | ₹720.7 | 0.9% | ↑ ₹754.43 ↓ ₹679.37 |
| Apr | ₹733.48 | 1.7% | ↑ ₹758.24 ↓ ₹703.13 |
| May | ₹695.1 | -5.3% | ↑ ₹736.43 ↓ ₹655.62 |
| Jun | ₹784.7 | 12.8% | ↑ ₹793.58 ↓ ₹697.47 |
| Jul | ₹842.13 | 7.3% | ↑ ₹879.86 ↓ ₹776.95 |
| Aug | ₹800.57 | -5% | ↑ ₹887.91 ↓ ₹785.41 |
| Sep | ₹808.56 | 0.9% | ↑ ₹872.89 ↓ ₹776.8 |
| Oct | ₹813.77 | 0.6% | ↑ ₹907.86 ↓ ₹802.62 |
| Nov | ₹796.93 | -2.1% | ↑ ₹856.2 ↓ ₹776.8 |
| Dec | ₹711.36 | -10.8% | ↑ ₹811.28 ↓ ₹707.92 |
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 2016?
In 2016, the opening price of Thermax share was ₹873.02. Today, the price stands at ₹4,060, reflecting a growth of 365.05%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹46,505.23 by 2025. This represents a CAGR of 18.62%.
You might also like to check: Thermax Stock Price in 2015 or Thermax 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.
