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Manpasand Beverages (NSE:MANPASAND) 6-Month Price Index : 1.00 (As of Jun. 14, 2024)


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What is Manpasand Beverages 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 (2024-06-14), Manpasand Beverages's 6-Month Price Index is 1.00.


Competitive Comparison of Manpasand Beverages's 6-Month Price Index

For the Beverages - Non-Alcoholic subindustry, Manpasand Beverages'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.


Manpasand Beverages  (NSE:MANPASAND) 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.


Manpasand Beverages  (NSE:MANPASAND) 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.


Manpasand Beverages 6-Month Price Index Related Terms

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


Manpasand Beverages (NSE:MANPASAND) Business Description

Traded in Other Exchanges
N/A
Address
Savli Road, Survey No. 1768 and 1774/1, Manjusar Village, GIDC Estate, Vadodara, GJ, IND, 391775
Manpasand Beverages Ltd is a soft drink and beverage company. Manpasand has one business segment, beverages, that produces, markets, and sells fruit flavored soft drinks. The company produces such brands as MangoSip, the company's mango flavored beverage, and Fruits Up, the company's premium fruit drink, with flavors such as guava, lychee, apple, mango, and orange. Additionally, the company produces Manpasand ORS, its ready-to-drink oral rehydration salts sports drink. The company earns the vast majority of its revenue in India.

Manpasand Beverages (NSE:MANPASAND) Headlines

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