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Ishan Dyes & Chemicals (BOM:531109) 6-Month Price Index : 0.97 (As of May. 02, 2024)


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What is Ishan Dyes & Chemicals 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 (2024-05-02), Ishan Dyes & Chemicals's 6-Month Price Index is 0.97.


Competitive Comparison of Ishan Dyes & Chemicals's 6-Month Price Index

For the Chemicals subindustry, Ishan Dyes & Chemicals'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.


Ishan Dyes & Chemicals  (BOM:531109) 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.


Ishan Dyes & Chemicals  (BOM:531109) 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.


Ishan Dyes & Chemicals 6-Month Price Index Related Terms

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Ishan Dyes & Chemicals (BOM:531109) Business Description

Traded in Other Exchanges
N/A
Address
18, G.I.D.C Estate, Phase - 1, Vatva, Ahmedabad, GJ, IND, 382445
Ishan Dyes & Chemicals Ltd is an India-based company engaged in the manufacturing of chemicals. The company's principal product includes Phthalocyanine blue products. It offers various categories of products such as CPC Blue. Pigment Alpha Blues and Pigment Beta Blue. In addition, the company also manufactures a range of solvent dye which is soluble in organic solvent. It provides phthalocyanine blue pigments for plastics, water base, and offset inks and paint. The company's manufacturing plant is located in Gujarat, India.

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