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Garware Synthetics (BOM:514400) 6-Month Price Index : 0.81 (As of May. 01, 2025)


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What is Garware Synthetics 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 (2025-05-01), Garware Synthetics's 6-Month Price Index is 0.81.


Competitive Comparison of Garware Synthetics's 6-Month Price Index

For the Textile Manufacturing subindustry, Garware Synthetics'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.


Garware Synthetics  (BOM:514400) 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.


Garware Synthetics  (BOM:514400) 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.


Garware Synthetics 6-Month Price Index Related Terms

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


Garware Synthetics Business Description

Traded in Other Exchanges
N/A
Address
C/o. Manish Textiles Industries Premises, Penkar Pada, Mira Road (East), Opposite Golden Chemical, Thane, IND, 401104
Garware Synthetics Ltd is a company engaged in the business of manufacturing Garflon Nylon Monofilaments, Rods, Bristles, Fishing lines, Bushes and Machinery parts, and Polypropylene bristles. The company manufactures its products under the GARFLON brand name. The group's products are used for products such as toothbrushes, shaving brushes, paintbrushes, and industrial and household brushes. The firm principally operates in India and generates key revenue from the sale of Garflon Nylon Bristles.

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