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Magadh Sugar & Energy (BOM:540650) 6-Month Price Index : 1.20 (As of Jun. 23, 2024)


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What is Magadh Sugar & Energy 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 (2024-06-23), Magadh Sugar & Energy's 6-Month Price Index is 1.20.

Competitive Comparison of Magadh Sugar & Energy's 6-Month Price Index

For the Confectioners subindustry, Magadh Sugar & Energy'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.

Magadh Sugar & Energy  (BOM:540650) 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.

Magadh Sugar & Energy  (BOM:540650) 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.

Magadh Sugar & Energy 6-Month Price Index Related Terms

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

Magadh Sugar & Energy (BOM:540650) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Magadh Sugar & Energy ltd (BOM:540650) » Definitions » 6-Month Price Index
Comparable Companies
NSE:UGARSUGAR BOM:523369 BOM:543267 BOM:540649 BOM:533192 NSE:KOTARISUG BOM:523371 BOM:507490 BOM:532460 BOM:507315 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990
Traded in Other Exchanges
MAGADSUGAR:India
Address
9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata, WB, IND, 700 001
Website
http://www.birla-sugar.com
Magadh Sugar & Energy ltd is engaged in the business of sugar and its by-products. The company operates through the following business segments: Sugar, Distillery, and Co-generation. The product portfolio of the company includes sugar, molasses, industrial alcohol and ethanol, canned food, and fruit products.

Magadh Sugar & Energy (BOM:540650) Headlines

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