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CMI (BOM:517330) 6-Month Price Index : 0.87 (As of May. 23, 2024)


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What is CMI 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 (2024-05-23), CMI's 6-Month Price Index is 0.87.

Competitive Comparison of CMI's 6-Month Price Index

For the Electrical Equipment & Parts subindustry, CMI'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.

CMI  (BOM:517330) 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.

CMI  (BOM:517330) 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.

CMI 6-Month Price Index Related Terms

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

CMI (BOM:517330) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CMI Ltd (BOM:517330) » Definitions » 6-Month Price Index
Comparable Companies
BOM:530407 BOM:531812 BOM:517230 BOM:538733 BOM:517571 BOM:517548 BOM:517201 BOM:531460 BOM:531472 BOM:537766 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT
Traded in Other Exchanges
CMICABLES:India
Address
PD-II, Jhilmil Metro Station, Jhilmil Industrial Area, New Delhi, IND, 110095
Website
https://www.cmilimited.in
CMI Ltd is engaged in the business of manufacturing cables for various industries including railways, oil and gas, telecommunications, energy, industrial, power, and petrochemicals. The product portfolio of the company consists of electric cables, submarine cables, control cables, special cables, and extra high voltage (EHV) cables. The products are used for transmitting signals, gas insulation, supplying power, fire detection, and others. Geographically the company operates in India and outside India, out of which the majority of revenue is from India. It is present in the entire value chain of the Wire and Cables Industry. Starting from Design, Development, Manufacturing, and Testing to Marketing and Distribution.

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