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Inox Wind (BOM:539083) 6-Month Price Index : 2.28 (As of Sep. 22, 2024)


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What is Inox Wind 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 (2024-09-22), Inox Wind's 6-Month Price Index is 2.28.


Competitive Comparison of Inox Wind's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Inox Wind'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.


Inox Wind  (BOM:539083) 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.


Inox Wind  (BOM:539083) 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.


Inox Wind 6-Month Price Index Related Terms

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


Inox Wind Business Description

Traded in Other Exchanges
Address
Inox Towers, Plot Number 17, Sector 16A, Noida, UP, IND, 201 301
Inox Wind Ltd offers wind energy solutions to the renewable energy industry. It manufactures wind turbine generators and its components. Its services offered include Erection, Procurement and Commissioning, Operations and Maintenance and Common Infrastructure Facilities services for its products and development of wind farm. It conducts its business and provides services to various states in India. The company also offer turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.

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