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NRB Industrial Bearings (BOM:535458) 6-Month Price Index : 0.77 (As of Dec. 12, 2024)


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What is NRB Industrial Bearings 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 (2024-12-12), NRB Industrial Bearings's 6-Month Price Index is 0.77.


Competitive Comparison of NRB Industrial Bearings's 6-Month Price Index

For the Tools & Accessories subindustry, NRB Industrial Bearings'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.


NRB Industrial Bearings  (BOM:535458) 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.


NRB Industrial Bearings  (BOM:535458) 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.


NRB Industrial Bearings 6-Month Price Index Related Terms

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


NRB Industrial Bearings Business Description

Traded in Other Exchanges
Address
Number. 15, Sir Phirozshah Mehta Road, Dhannur building, 2nd Floor, Fort, Mumbai, MH, IND, 400 001
NRB Industrial Bearings Ltd is engaged in the business of manufacturing and selling all types of industrial bearings. The company operates in one business segment which is Industrial Bearings. The product line of the company consists of Cam followers, Bottom ring bearings, Wide inner ring Ball bearings, Housed units, Cylindrical roller bearings, Spherical roller bearings, and Deep groove ball bearings. The Ball and roller bearings product of the company generates maximum revenue. The group has a business presence in India and Outside India, of which prime income is generated within India.

NRB Industrial Bearings Headlines

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