GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jagjanani Textiles Ltd (BOM:532825) » Definitions » 6-Month Price Index

Jagjanani Textiles (BOM:532825) 6-Month Price Index : 1.08 (As of Dec. 14, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Jagjanani Textiles 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 (2024-12-14), Jagjanani Textiles's 6-Month Price Index is 1.08.


Competitive Comparison of Jagjanani Textiles's 6-Month Price Index

For the Textile Manufacturing subindustry, Jagjanani Textiles'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.


Jagjanani Textiles  (BOM:532825) 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.


Jagjanani Textiles  (BOM:532825) 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.


Jagjanani Textiles 6-Month Price Index Related Terms

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


Jagjanani Textiles Business Description

Traded in Other Exchanges
N/A
Address
SCOs 33-34, RIICO Shopping Complex, Bagru Extn-I, Bagru, Jaipur, RJ, IND, 303007
Jagjanani Textiles Ltd is an India based company engaged in the manufacturing and Trading of cotton and blended fabric. The company provides open end yarn for denim; amsler slub open end yarn; soft yarn for towels; waxed yarn for knits, and two for one (TFO) doubled yarn from its spinning section. Its weaving section provides product basket, which includes Ducks, Drills, Twills, Canvas and Tussor. The Company is operating in only one segment i.e. trading of clothes. The company caters to the demand for Quality Yarns and Fabrics for Indian and Export markets.

Jagjanani Textiles Headlines

No Headlines