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Ponni Sugars (Erode) (BOM:532460) 6-Month Price Index : 1.10 (As of Jun. 10, 2024)


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What is Ponni Sugars (Erode) 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 (2024-06-10), Ponni Sugars (Erode)'s 6-Month Price Index is 1.10.

Competitive Comparison of Ponni Sugars (Erode)'s 6-Month Price Index

For the Confectioners subindustry, Ponni Sugars (Erode)'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.

Ponni Sugars (Erode)  (BOM:532460) 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.

Ponni Sugars (Erode)  (BOM:532460) 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.

Ponni Sugars (Erode) 6-Month Price Index Related Terms

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

Ponni Sugars (Erode) (BOM:532460) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ponni Sugars (Erode) Ltd (BOM:532460) » Definitions » 6-Month Price Index
Comparable Companies
BOM:507315 BOM:523475 BOM:507490 BOM:523371 BOM:542852 NSE:KOTARISUG BOM:532673 BOM:533192 BOM:541347 BOM:532102 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990
Traded in Other Exchanges
PONNIERODE:India
Address
No. 13 Rajiv Gandhi Salai Old Mahabalipuram Road, Esvin House, Seevaram Village, Perungudi, Chennai, TN, IND, 600096
Website
https://www.ponnisugars.com
Ponni Sugars (Erode) Ltd is engaged in the manufacturing and selling of sugar and by-products. The company operates through two segments which include Sugar and Cogeneration. Its product includes sugar, bagasse, and molasses, among others. The firm generates a majority of its revenue from the Sugar segment.

Ponni Sugars (Erode) (BOM:532460) Headlines

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