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Kunststoffe Industries (BOM:523594) 6-Month Price Index : 1.18 (As of Jun. 23, 2024)


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What is Kunststoffe 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 (2024-06-23), Kunststoffe Industries's 6-Month Price Index is 1.18.


Competitive Comparison of Kunststoffe Industries's 6-Month Price Index

For the Building Products & Equipment subindustry, Kunststoffe 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.


Kunststoffe Industries  (BOM:523594) 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.


Kunststoffe Industries  (BOM:523594) 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.


Kunststoffe Industries 6-Month Price Index Related Terms

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Kunststoffe Industries (BOM:523594) Business Description

Traded in Other Exchanges
N/A
Address
128, Bhaudaji Road, Kiran Building, Matunga (East), Mumbai, MH, IND, 400019
Kunststoffe Industries Ltd is a manufacturer of large diameters of HDPE/PP pipes. The company's pipes range from approximately 300mm to 3600mm internal diameters. Its manufactured pipes are used in water sewerage and effluent disposal schemes, ocean out-fuel, etc. The company also manufactures HDPE/PP Tanks of sizes ranging from 5000 Liters to 60000 Liters. It operates in a single segment which is Polymer Processing.

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