GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Dhanuka Realty Ltd (NSE:DRL) » Definitions » 6-Month Price Index

Dhanuka Realty (NSE:DRL) 6-Month Price Index : 2.96 (As of May. 30, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Dhanuka Realty 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 (2024-05-30), Dhanuka Realty's 6-Month Price Index is 2.96.


Competitive Comparison of Dhanuka Realty's 6-Month Price Index

For the Residential Construction subindustry, Dhanuka Realty'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.


Dhanuka Realty  (NSE:DRL) 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.


Dhanuka Realty  (NSE:DRL) 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.


Dhanuka Realty 6-Month Price Index Related Terms

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


Dhanuka Realty (NSE:DRL) Business Description

Traded in Other Exchanges
N/A
Address
C-212 & C-213, Gautam Marg, 5th Floor, The Solitaire, Hanuman Nagar, Vaishali Nagar, Jaipur, RJ, IND, 302021
Dhanuka Realty Ltd operates as a real estate development and construction company primarily focusing on the development of residential apartments and residential projects in Jaipur. These projects include Symphony at Jaisinghpura Road Ajmer Road, Sunshine Shalimar at Tagore Nagar Vidhyut Nagar, Sunshine Prime at Mansarovar Extension, Sunshine Krishna 1, Sunshine Krishna 2, Sunshine Krishna 3, Sunshine Orchid, Sunshine Vridanavan, etc.

Dhanuka Realty (NSE:DRL) Headlines

No Headlines