GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Deccan Polypacks Ltd (BOM:531989) » Definitions » 6-Month Price Index

Deccan Polypacks (BOM:531989) 6-Month Price Index : 1.35 (As of May. 02, 2025)


View and export this data going back to 2001. Start your Free Trial

What is Deccan Polypacks 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 (2025-05-02), Deccan Polypacks's 6-Month Price Index is 1.35.


Competitive Comparison of Deccan Polypacks's 6-Month Price Index

For the Packaging & Containers subindustry, Deccan Polypacks'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.


Deccan Polypacks  (BOM:531989) 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.


Deccan Polypacks  (BOM:531989) 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.


Deccan Polypacks 6-Month Price Index Related Terms

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


Deccan Polypacks Business Description

Traded in Other Exchanges
N/A
Address
Plot No. A-40, Road No. 7, IDA Kukatpally, Hyderabad, TG, IND, 500 037
Deccan Polypacks Ltd is an India-based company engaged in the manufacturing of High-density polyethylene, Polypropylene Woven sacks, fabric, film covers, High molecular high-density Polyethylene and Low-density polyethylene bags, which is alternate packing medium in comparison with jute or paper bags. These bags are preferred by cement and fertilizer companies. Also, the woven sacks are used for packing composite manure, food grains, chemicals and poultry products in the domestic markets.

Deccan Polypacks Headlines

No Headlines