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Murae Organisor (BOM:542724) 6-Month Price Index : 1.33 (As of Jun. 21, 2024)


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What is Murae Organisor 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 (2024-06-21), Murae Organisor's 6-Month Price Index is 1.33.

Competitive Comparison of Murae Organisor's 6-Month Price Index

For the Drug Manufacturers - Specialty & Generic subindustry, Murae Organisor'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.

Murae Organisor  (BOM:542724) 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.

Murae Organisor  (BOM:542724) 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.

Murae Organisor 6-Month Price Index Related Terms

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

Murae Organisor (BOM:542724) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Murae Organisor Ltd (BOM:542724) » Definitions » 6-Month Price Index
Comparable Companies
NSE:SAROJA BOM:530665 BOM:532167 BOM:524400 NSE:VILINBIO BOM:523620 BOM:538965 BOM:524752 BOM:524314 BOM:539287 ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692
Traded in Other Exchanges
N/A
Address
Science City Road, A-1106, Empire Business Hub, Near Auda Water Tank, Sola, Ahmedabad, GJ, IND, 380060
Website
http://www.earumpharma.com
Murae Organisor Ltd Formerly Earum Pharmaceuticals Ltd is engaged in the pharmaceutical business. It is involved in the marketing, trading, and distribution of a wide range of pharmaceutical formulation products such as anti-biotic drugs, anti-malarial drugs, dermatology products, cerebral activator drugs, neurological drugs, steroids, gynecology drugs, calcium, multivitamins, antioxidants, and injections. It offers a wide range of pharmaceutical formulation products that are marketed under its brand name. Apart from pharmaceutical formulation products, the company also deals in the trading of active pharmaceutical ingredients.

Murae Organisor (BOM:542724) Headlines

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