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Magnum Ventures (NSE:MAGNUM) 6-Month Price Index : 0.61 (As of Apr. 30, 2025)


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What is Magnum 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 (2025-04-30), Magnum Ventures's 6-Month Price Index is 0.61.

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

For the Paper & Paper Products subindustry, Magnum 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.

Magnum Ventures  (NSE:MAGNUM) 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.

Magnum Ventures  (NSE:MAGNUM) 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.

Magnum Ventures 6-Month Price Index Related Terms

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

Magnum Ventures Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Magnum Ventures Ltd (NSE:MAGNUM) » Definitions » 6-Month Price Index
Comparable Companies
BOM:538795 BOM:516032 BOM:516108 BOM:544267 BOM:502587 BOM:543799 BOM:516016 BOM:531813 BOM:516022 BOM:533166 OHEL:UPM BSP:SUZB3 OHEL:STERV LSE:MNDI OSTO:HOLM A SZSE:002078 TSE:3861 BSP:KLBN3 XSGO:CMPC XLIS:NVG
Traded in Other Exchanges
532896:India
Address
18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad, UP, IND, 201010
Website
http://www.magnumventures.in
Magnum Ventures Ltd operates in the paper industry and hotel industry. Its principal activities comprise Paper Board and Newsprint Manufacturing, and Hotel. The firm operates in two segments namely Paper Division and Hotel Division. Its manufacturing activities cover printing and writing papers, duplex boards, wrapping. Xerox paper and packing paper. Its paperboard is used in packaging, and graphic printing, such as book and magazine covers or postcards. Its paperboard is also used in fine arts for creating sculptures. The company's hotel division segment operates under the Country Inn and Suites brand. A majority of the firm's revenue gets dominated by the Paper division.

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