Zenith Fibres (BOM:514266) 6-Month Price Index : 1.01 (As of Dec. 15, 2024)

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What is Zenith Fibres 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 (2024-12-15), Zenith Fibres's 6-Month Price Index is 1.01.

Competitive Comparison of Zenith Fibres's 6-Month Price Index

For the Textile Manufacturing subindustry, Zenith Fibres'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.

Zenith Fibres (BOM:514266) 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.

Zenith Fibres (BOM:514266) 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.

Zenith Fibres 6-Month Price Index Related Terms

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

Zenith Fibres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zenith Fibres Ltd (BOM:514266) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Subhanpura Road, 103 Synergy House, Vadodara, GJ, IND, 390 023

Website

https://www.zenithfibres.com

Zenith Fibres Ltd is an Indian based company engaged in the manufacturing of man-made fibers such as polypropylene staple fiber. The polypropylene fiber product is used in a wide variety of areas; some of these include spun yarn filter fabrics, non-woven filter fabrics, geo-textiles, floor coverings and carpet backings, furnishing fabrics, blankets, wall-coverings, in the construction industry. Its segment includes Manmade Fibre and Wind Mill. The company generates maximum revenue from the Manmade Fibre segment.

Zenith Fibres Headlines

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