GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LEEL Electricals Ltd (NSE:LEEL) » Definitions » 6-Month Price Index

LEEL Electricals (NSE:LEEL) 6-Month Price Index : 1.00 (As of May. 24, 2024)


View and export this data going back to 1997. Start your Free Trial

What is LEEL Electricals 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 (2024-05-24), LEEL Electricals's 6-Month Price Index is 1.00.


Competitive Comparison of LEEL Electricals's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, LEEL Electricals'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.


LEEL Electricals  (NSE:LEEL) 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.


LEEL Electricals  (NSE:LEEL) 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.


LEEL Electricals 6-Month Price Index Related Terms

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


LEEL Electricals (NSE:LEEL) Business Description

Traded in Other Exchanges
N/A
Address
159, Okhla Industrial Estate, Phase - III, New Delhi, Delhi, IND, 110020
LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.

LEEL Electricals (NSE:LEEL) Headlines

No Headlines