Pennar Industries Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did Pennar Industries shares perform in 1998?
Let's find out!
Pennar Industries share price in 1998 was ₹8 Its price on 1st January 1998 was ₹11, and by 31st December 1998 it moved to ₹8, giving a negative return of -27.28% for the year.
Pennar Industries Share Open, High, Low, and Close prices for the Year 1998 are as follows:
Open | High | Low | Close |
---|---|---|---|
₹11 | ₹18 | ₹4.5 | ₹8 |
1st Jan 1998 | Occured in Apr 1998 | Occured in Jul 1998 | 31st Dec 1998 |
This page will help you understand how Pennar Industries performed in 1998. Let's get started.
For complete insights into Pennar Industries’s incredible stock price performance and growth, see: Pennar Industries Historical Share Price Data from its IPO to 2024
Table: Pennar Industries Share Monthly Close, Low, High Prices for 1998
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Month | Pennar Industries | Change% | ↑High - ↓Low |
---|---|---|---|
Jan | ₹9.1 | - | ↑ ₹11 ↓ ₹8.5 |
Feb | ₹9 | -1.1% | ↑ ₹9.5 ↓ ₹8.25 |
Mar | ₹10 | 11.1% | ↑ ₹11 ↓ ₹9 |
Apr | ₹9.65 | -3.5% | ↑ ₹18 ↓ ₹9.5 |
May | ₹11 | 13.9% | ↑ ₹13.35 ↓ ₹10.35 |
Jun | ₹8 | -27.3% | ↑ ₹13.25 ↓ ₹8 |
Jul | ₹6 | -25% | ↑ ₹9 ↓ ₹4.5 |
Aug | ₹7 | 16.6% | ↑ ₹7 ↓ ₹7 |
Sep | ₹8.8 | 25.7% | ↑ ₹8.8 ↓ ₹7.7 |
Oct | ₹8 | -9.1% | ↑ ₹8.44 ↓ ₹6.3 |
Nov | ₹9.5 | 18.7% | ↑ ₹9.5 ↓ ₹7.85 |
Dec | ₹8 | -15.8% | ↑ ₹8.25 ↓ ₹6 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in Pennar Industries in 1998?
In 1998, the opening price of Pennar Industries share was ₹11.00. Today, the price stands at ₹169.64, reflecting a growth of 1,442.18%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹1.54 Lakh by 2024. This represents a CAGR of 11.1%.
You might also like to check: Pennar Industries Stock Price in 1997 or Pennar Industries 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.