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Kamdhenu Ventures (BOM:543747) 6-Month Price Index : 1.75 (As of Sep. 22, 2024)


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What is Kamdhenu Ventures 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), Kamdhenu Ventures's 6-Month Price Index is 1.75.


Competitive Comparison of Kamdhenu Ventures's 6-Month Price Index

For the Steel subindustry, Kamdhenu Ventures'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.


Kamdhenu Ventures  (BOM:543747) 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.


Kamdhenu Ventures  (BOM:543747) 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.


Kamdhenu Ventures 6-Month Price Index Related Terms

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Kamdhenu Ventures Business Description

Traded in Other Exchanges
Address
DLF Cyber City, 2nd Floor, Tower-A, Building No. 9, Phase-III, Gurgaon, HR, IND, 122 002
Kamdhenu Ventures Ltd is engaged in the manufacturing, marketing, branding, and distribution of diverse products including Reinforcement steel Bars, Structural steels, Binding Wire, Colour Coated Sheets, Plywood, Paints, and many more. The Group is also engaged in trading TMT Bars, structural steel, and manufacturing of paints products.

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