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IFB Agro Industries (BOM:507438) 6-Month Price Index : 1.34 (As of Sep. 22, 2024)


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What is IFB Agro 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), IFB Agro Industries's 6-Month Price Index is 1.34.

Competitive Comparison of IFB Agro Industries's 6-Month Price Index

For the Beverages - Wineries & Distilleries subindustry, IFB Agro 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.

IFB Agro Industries  (BOM:507438) 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.

IFB Agro Industries  (BOM:507438) 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.

IFB Agro Industries 6-Month Price Index Related Terms

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

IFB Agro Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » IFB Agro Industries Ltd (BOM:507438) » Definitions » 6-Month Price Index
Comparable Companies
BOM:542628 NSE:AURDIS BOM:507498 BOM:507526 NSE:RKDL BOM:531635 BOM:531819 BOM:507488 SHSE:600519 SZSE:000858 LSE:DGE XPAR:RI STZ SZSE:000568 SHSE:600809 BF.B SZSE:002304 SZSE:000596 MIL:CPR SHSE:603369
Traded in Other Exchanges
IFBAGRO:India
Address
Plot Number IND-5, Sector I, East Kolkata Township, Kolkata, WB, IND, 700 107
Website
https://www.ifbagro.in
IFB Agro Industries Ltd is engaged in the business of manufacturing alcohol, bottling branded alcoholic beverages as well as processed and packed marine foods both for domestic and export markets. The company operates in two segments: Spirit, spirituous beverages and allied products, and Marine. IFB Agro derives majority of its revenue from its Spirit, spirituous beverages and allied products segment.

IFB Agro Industries Headlines

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