GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dollex Agrotech Ltd (NSE:DOLLEX) » Definitions » 6-Month Price Index

Dollex Agrotech (NSE:DOLLEX) 6-Month Price Index : 0.95 (As of May. 28, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dollex Agrotech 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 (2024-05-28), Dollex Agrotech's 6-Month Price Index is 0.95.

Competitive Comparison of Dollex Agrotech's 6-Month Price Index

For the Confectioners subindustry, Dollex Agrotech'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.

Dollex Agrotech  (NSE:DOLLEX) 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.

Dollex Agrotech  (NSE:DOLLEX) 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.

Dollex Agrotech 6-Month Price Index Related Terms

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

Dollex Agrotech (NSE:DOLLEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dollex Agrotech Ltd (NSE:DOLLEX) » Definitions » 6-Month Price Index
Comparable Companies
BOM:507180 BOM:539742 BOM:532879 BOM:500319 BOM:500354 BOM:531923 BOM:530617 BOM:532183 BOM:507300 BOM:537709 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990
Traded in Other Exchanges
N/A
Address
19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Website
https://www.dollex.in
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

Dollex Agrotech (NSE:DOLLEX) Headlines

No Headlines