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NLC India (NSE:NLCINDIA) 6-Month Price Index : 1.19 (As of Jun. 10, 2024)


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What is NLC India 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), NLC India's 6-Month Price Index is 1.19.

Competitive Comparison of NLC India's 6-Month Price Index

For the Utilities - Regulated Electric subindustry, NLC India'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.

NLC India  (NSE:NLCINDIA) 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.

NLC India  (NSE:NLCINDIA) 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.

NLC India 6-Month Price Index Related Terms

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

NLC India (NSE:NLCINDIA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NLC India Ltd (NSE:NLCINDIA) » Definitions » 6-Month Price Index
Comparable Companies
BOM:500084 BOM:517300 NSE:DPSCLTD BOM:532219 BOM:536709 BOM:523222 NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED PEG BOM:532555 WEC EIX
Traded in Other Exchanges
513683:India
Address
Block - 1, Neyveli, Neyveli, Cuddalore, TN, IND, 607801
Website
https://www.nlcindia.in
NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

NLC India (NSE:NLCINDIA) Headlines

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