Shah Alloys (BOM:513436) 6-Month Price Index : 1.16 (As of May. 20, 2024)

View and export this data going back to 1993. Start your Free Trial

What is Shah Alloys 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-20), Shah Alloys's 6-Month Price Index is 1.16.

Competitive Comparison of Shah Alloys's 6-Month Price Index

For the Steel subindustry, Shah Alloys's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shah Alloys (BOM:513436) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index

Current Share Price

Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shah Alloys (BOM:513436) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Shah Alloys 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Shah Alloys's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Shah Alloys (BOM:513436) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shah Alloys Ltd (BOM:513436) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

SHAHALLOYS:India

Address

Shah Alloys Corporate House, Sola-Kalol Road, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382 721

Website

http://www.shahalloys.com

Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in manufacturing of Stainless steel, Alloys and Special steel, Carbon/mild steel and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products which includes Bars, Beams, Flat, Plate and Coil, Slab and Billets.

Shah Alloys (BOM:513436) Headlines

No Headlines