GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ballarpur Industries Ltd (BOM:500102) » Definitions » 6-Month Price Index

Ballarpur Industries (BOM:500102) 6-Month Price Index : 1.00 (As of Sep. 22, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Ballarpur Industries 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 (2024-09-22), Ballarpur Industries's 6-Month Price Index is 1.00.


Competitive Comparison of Ballarpur Industries's 6-Month Price Index

For the Paper & Paper Products subindustry, Ballarpur Industries'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.


Ballarpur Industries  (BOM:500102) 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.


Ballarpur Industries  (BOM:500102) 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.


Ballarpur Industries 6-Month Price Index Related Terms

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


Ballarpur Industries Business Description

Traded in Other Exchanges
N/A
Address
Mehrauli Gurgaon Road, First India Place, Tower C, Gurgaon, HR, IND, 122 002
Ballarpur Industries Ltd (BILT) is engaged in the business of manufacturing of writing and printing (W&P) paper, pulp and paper products. Its segment includes Uncoated Paper, Coated Paper and Others. The company's manufactured products are sold within India and as such, there is no reportable geographical segment.

Ballarpur Industries Headlines

No Headlines