IndiaNivesh (BOM:501700) 6-Month Price Index : 0.68 (As of May. 16, 2024)

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What is IndiaNivesh 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 (2024-05-16), IndiaNivesh's 6-Month Price Index is 0.68.

Competitive Comparison of IndiaNivesh's 6-Month Price Index

For the Capital Markets subindustry, IndiaNivesh'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.

IndiaNivesh (BOM:501700) 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.

IndiaNivesh (BOM:501700) 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.

IndiaNivesh 6-Month Price Index Related Terms

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IndiaNivesh (BOM:501700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IndiaNivesh Ltd (BOM:501700) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Marg, 1703, Lodha Supremus, 17th Floor, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.indianivesh.in

IndiaNivesh Ltd is a non-banking financial company, which is engaged in trading and investing in securities. It operates through segments being Investment and Trading activities, Financing Activities, and Advisory and other services. It generates maximum revenue from the Financing Activities segment. The company purchases stressed assets and portfolios from banks and financial intermediaries and assists in the resolution of such no performing loans. It invests in quoted, as well as unquoted equity shares and in units of mutual funds.

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