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 ₹743.6 Its price on 1st January 2016 was ₹918.8, and by 31st December 2016 it moved to ₹743.6, giving a negative return of -19.07% for the year.
Thermax Share Open, High, Low, and Close prices for the Year 2016 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹918.8 | ₹949 | ₹690 | ₹743.6 |
| 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 2024
Table: Thermax Share Monthly Close, Low, High Prices for 2016
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| Month | Thermax | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹838.5 | - | ↑ ₹920 ↓ ₹813 |
| Feb | ₹751.2 | -10.5% | ↑ ₹840 ↓ ₹715.8 |
| Mar | ₹758.5 | 0.9% | ↑ ₹794 ↓ ₹715 |
| Apr | ₹771.95 | 1.7% | ↑ ₹798 ↓ ₹740 |
| May | ₹731.55 | -5.3% | ↑ ₹775.05 ↓ ₹690 |
| Jun | ₹825.85 | 12.8% | ↑ ₹835.2 ↓ ₹734.05 |
| Jul | ₹880.3 | 6.5% | ↑ ₹926 ↓ ₹817.7 |
| Aug | ₹836.85 | -5% | ↑ ₹928.15 ↓ ₹821 |
| Sep | ₹845.2 | 0.9% | ↑ ₹912.45 ↓ ₹812 |
| Oct | ₹859.35 | 1.6% | ↑ ₹949 ↓ ₹839 |
| Nov | ₹833.05 | -3.1% | ↑ ₹895 ↓ ₹812 |
| Dec | ₹743.6 | -10.8% | ↑ ₹848.05 ↓ ₹740 |
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 ₹918.80. Today, the price stands at ₹5,003.85, reflecting a growth of 444.6%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2016 would have become ₹54,460.7 by 2024. This represents a CAGR of 23.6%.
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.
