GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Birla Precision Technologies Ltd (BOM:522105) » Definitions » 6-Month Price Index

Birla Precision Technologies (BOM:522105) 6-Month Price Index : 0.43 (As of Mar. 05, 2025)


View and export this data going back to 1991. Start your Free Trial

What is Birla Precision Technologies 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 (2025-03-05), Birla Precision Technologies's 6-Month Price Index is 0.43.


Competitive Comparison of Birla Precision Technologies's 6-Month Price Index

For the Tools & Accessories subindustry, Birla Precision Technologies'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.


Birla Precision Technologies  (BOM:522105) 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.


Birla Precision Technologies  (BOM:522105) 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.


Birla Precision Technologies 6-Month Price Index Related Terms

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


Birla Precision Technologies Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, J.B. Marg, The Yash Birla Group, Dalamal House, Nariman Point, Mumbai, MH, IND, 400021
Birla Precision Technologies Ltd engages in the manufacture of precision cutting tools. The company operates in two segments: Cutting Tools and Auto Components. Its products include work holding products, rotating tool holders, machined castings, and precision machined components. The majority of its revenue is earned by the Tools & Precision Components segment. Geographically the firm operates in India, the United States, and the rest of the world of which India acts as a majority revenue generator for the firm.

Birla Precision Technologies Headlines

No Headlines