Virat Leasing (BOM:539167) 6-Month Price Index : 1.11 (As of Dec. 15, 2024)

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What is Virat Leasing 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 (2024-12-15), Virat Leasing's 6-Month Price Index is 1.11.

Competitive Comparison of Virat Leasing's 6-Month Price Index

For the Capital Markets subindustry, Virat Leasing'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.

Virat Leasing (BOM:539167) 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.

Virat Leasing (BOM:539167) 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.

Virat Leasing 6-Month Price Index Related Terms

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

Virat Leasing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Virat Leasing Ltd (BOM:539167) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Jajodia Tower, 3, Bentinck Street, 4th Floor, Room No. D-8, Kolkata, WB, IND, 700001

Website

https://www.vll.co.in

Virat Leasing Ltd is an India based company. It is a non-banking financial company. It is engaged in the business of providing loans and advances, investment in shares of other companies. The service line of the company consists of working capital loans, margin funding and loan against approved securities, and investment and trading in shares and securities. The company generates the majority of its revenue from Interest Income.

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