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Marble City India (BOM:531281) 12-1 Month Momentum %

: 34.07% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-15), Marble City India's 12-1 Month Momentum % is 34.07%.

The industry rank for Marble City India's 12-1 Month Momentum % or its related term are showing as below:

BOM:531281's 12-1 Month Momentum % is ranked better than
71.71% of 1753 companies
in the Construction industry
Industry Median: 6.07 vs BOM:531281: 34.07

Competitive Comparison

For the Building Products & Equipment subindustry, Marble City India's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.


Marble City India 12-1 Month Momentum % Distribution

For the Construction industry and Industrials sector, Marble City India's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Marble City India's 12-1 Month Momentum % falls into.



Marble City India  (BOM:531281) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* 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.


Marble City India  (BOM:531281) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Marble City India 12-1 Month Momentum % Related Terms

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Marble City India (BOM:531281) Business Description

Traded in Other Exchanges
N/A
Address
Kailash Colony, A -30, S-11, Second Floor, New Delhi, IND, 110048
Marble City India Ltd is an India-based company mainly engaged in the business activity of manufacturing and trading of marbles and slabs. It is involved in cutting, finishing, and trading imported marbles. The group majorly markets its products in India. The company supplies its products for projects such as hotels, shopping malls, premium residential complexes, clubs, motels, factories, corporate headquarters, offices, and others.

Marble City India (BOM:531281) Headlines

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