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Godrej Agrovet (NSE:GODREJAGRO) 6-Month Price Index : 1.08 (As of Jun. 10, 2024)


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What is Godrej Agrovet 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 (2024-06-10), Godrej Agrovet's 6-Month Price Index is 1.08.


Competitive Comparison of Godrej Agrovet's 6-Month Price Index

For the Farm Products subindustry, Godrej Agrovet'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.


Godrej Agrovet  (NSE:GODREJAGRO) 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.


Godrej Agrovet  (NSE:GODREJAGRO) 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.


Godrej Agrovet 6-Month Price Index Related Terms

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Godrej Agrovet (NSE:GODREJAGRO) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, Godrej One, 3rd Floor, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400 079
Godrej Agrovet Ltd is an India-based company engaged in the manufacturing and marketing of animal feed, agricultural inputs, palm oil, and allied products. It operates through the following business divisions: Animal Feed, Crop Protection, Vegetable Oil, Real Estate Business, and Other business segments which include Seed Business and Energy Generation through Windmills. The key revenue is derived from the Animal Feed business segment. The company offers animal feed such as cattle, poultry, aqua, and specialty feed, as well as on-farm technical support services.

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