BMW Industries (BOM:542669) 6-Month Price Index : 0.98 (As of May. 27, 2024)

View and export this data going back to 2019. Start your Free Trial

What is BMW Industries 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 (2024-05-27), BMW Industries's 6-Month Price Index is 0.98.

Competitive Comparison of BMW Industries's 6-Month Price Index

For the Steel subindustry, BMW Industries'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.

BMW Industries (BOM:542669) 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.

BMW Industries (BOM:542669) 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.

BMW Industries 6-Month Price Index Related Terms

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

BMW Industries (BOM:542669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BMW Industries Ltd (BOM:542669) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

119, Park Street, White House, 3rd Floor, Kolkata, WB, IND, 700016

Website

https://www.bmwil.co.in

BMW Industries Ltd is an Indian company involved in steel manufacturing and processing activity. It manufactures two types of products, Long products such as towers, structures, and TMT, and Flat products like pipes, galvanised plain, and galvanised corrugated. The company is engaged in the galvanizing of tubes in addition to the manufacture of tubular poles/structures, transmission line towers, and rebars. Its product portfolio covers Rebars, HR sheets, slit coils, pipes, and poles, Bansal TMT, Bansal pipes, Full hard cold rolled coils, TMT rolling, and others. The company generates the majority of its revenue from the domestic market.

BMW Industries (BOM:542669) Headlines

No Headlines