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Sundaram Clayton (BOM:544066) 6-Month Price Index : 1.69 (As of Dec. 14, 2024)


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What is Sundaram Clayton 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 (2024-12-14), Sundaram Clayton's 6-Month Price Index is 1.69.


Competitive Comparison of Sundaram Clayton's 6-Month Price Index

For the Metal Fabrication subindustry, Sundaram Clayton'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.


Sundaram Clayton  (BOM:544066) 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.


Sundaram Clayton  (BOM:544066) 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.


Sundaram Clayton 6-Month Price Index Related Terms

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Sundaram Clayton Business Description

Comparable Companies
Traded in Other Exchanges
Address
No. 12, Khader Nawaz Khan Road, Chaitanya, Nungambakkam, Chennai, TN, IND, 600006
Sundaram Clayton Ltd is a company engaged in providing Die castings to automotive and non-automotive sector. The company's main business is to carry on the activity as a supplier of aluminum die castings to the automotive and non-automotive sectors. Geographically, the company derives maximum revenue from the domestic markets and the rest through exports.

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