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Tamilnadu Petroproducts (BOM:500777) 6-Month Price Index : 1.18 (As of Sep. 26, 2024)


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What is Tamilnadu Petroproducts 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 (2024-09-26), Tamilnadu Petroproducts's 6-Month Price Index is 1.18.


Competitive Comparison of Tamilnadu Petroproducts's 6-Month Price Index

For the Specialty Chemicals subindustry, Tamilnadu Petroproducts'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.


Tamilnadu Petroproducts  (BOM:500777) 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.


Tamilnadu Petroproducts  (BOM:500777) 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.


Tamilnadu Petroproducts 6-Month Price Index Related Terms

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


Tamilnadu Petroproducts Business Description

Traded in Other Exchanges
Address
Manali Express Highway, Manali, Chennai, TN, IND, 600 068
Tamilnadu Petroproducts Ltd is engaged in the manufacturing and sale of petrochemical products. Its product portfolio includes Linear Alkyl Benzene (LAB), Caustic Soda, Chlorine and Propylene Oxide. The company has its unit situated in Manali, Chennai. The company derives the majority of its revenue from the sale of Linear Alkyl Benzene (LAB) products followed by the sale of Propylene Oxide, and the sale of Caustic soda Lye. The company also generates a small amount of revenue from the sale of services. Geographically, it generates a majority of revenue from India.

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