GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » NTC Industries Ltd (BOM:526723) » Definitions » 6-Month Price Index

NTC Industries (BOM:526723) 6-Month Price Index : 1.35 (As of May. 26, 2024)


View and export this data going back to 1995. Start your Free Trial

What is NTC 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 (2024-05-26), NTC Industries's 6-Month Price Index is 1.35.


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

For the Tobacco subindustry, NTC 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.


NTC Industries  (BOM:526723) 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.


NTC Industries  (BOM:526723) 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.


NTC Industries 6-Month Price Index Related Terms

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


NTC Industries (BOM:526723) Business Description

Traded in Other Exchanges
N/A
Address
149, B.T. Road, P.O. Kamarhati, Kolkata, WB, IND, 700058
NTC Industries Ltd engages in the manufacture of cigarettes and tobacco products. It offers filters, mentholated cigarettes, smoking mixtures, and pipe tobacco. Its products are marketed under the following brands: Royal king Golden king-size, DOS NTC, Elpatron, MayPole, and Jaipur. The company has a presence in southern America, African, and Middle Eastern countries. The company generates revenue from rental income, the sale of cylinder, and FMCG - Cigarettes, where the majority is being generated from the sale of Cigarettes. Geographically the company generates the majority of its revenue from India.

NTC Industries (BOM:526723) Headlines

No Headlines