IFCI (NSE:IFCI) 6-Month Price Index : 2.45 (As of May. 27, 2024)

View and export this data going back to 1995. Start your Free Trial

What is IFCI 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), IFCI's 6-Month Price Index is 2.45.

Competitive Comparison of IFCI's 6-Month Price Index

For the Credit Services subindustry, IFCI'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.

IFCI (NSE:IFCI) 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.

IFCI (NSE:IFCI) 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.

IFCI 6-Month Price Index Related Terms

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

IFCI (NSE:IFCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IFCI Ltd (NSE:IFCI) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

500106:India

Address

IFCI Towers, 61 Nehru Place, New Delhi, IND, 110 019

Website

https://www.ifciltd.com

IFCI Ltd is a financial services company, which provides funding for industrial companies in India. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. Lending operations comprise the vast majority of the company's business, and majority of the company's revenue consists of interest income on loans IFCI makes. The Company has played a decisive role in setting up various reputed market intermediaries like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutions across the country.

IFCI (NSE:IFCI) Headlines

No Headlines