GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kundan Edifice Ltd (NSE:KEL) » Definitions » 6-Month Price Index

Kundan Edifice (NSE:KEL) 6-Month Price Index : 0.60 (As of Jun. 20, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Kundan Edifice 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 (2024-06-20), Kundan Edifice's 6-Month Price Index is 0.60.


Competitive Comparison of Kundan Edifice's 6-Month Price Index

For the Electronic Components subindustry, Kundan Edifice'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.


Kundan Edifice  (NSE:KEL) 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.


Kundan Edifice  (NSE:KEL) 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.


Kundan Edifice 6-Month Price Index Related Terms

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


Kundan Edifice (NSE:KEL) Business Description

Traded in Other Exchanges
N/A
Address
Gala A/ B, Ganesh Industrial Estate, behind Burma Shell Petrol Pump, Vasai East, Palghar, MH, IND, 401208
Kundan Edifice Ltd is a Company engaged in manufacturing, assembly and sale of light emitting diode (LED) strip lights. They provide lighting solutions to some of the key electrical and electronic manufacturing brands in India. The Company has one reportable segment which is business of Manufacture & Selling LED Strip Lights.

Kundan Edifice (NSE:KEL) Headlines

No Headlines