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Sanginita Chemicals (NSE:SANGINITA) 6-Month Price Index : 0.82 (As of Jun. 19, 2024)


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What is Sanginita Chemicals 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 (2024-06-19), Sanginita Chemicals's 6-Month Price Index is 0.82.


Competitive Comparison of Sanginita Chemicals's 6-Month Price Index

For the Chemicals subindustry, Sanginita Chemicals'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.


Sanginita Chemicals  (NSE:SANGINITA) 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.


Sanginita Chemicals  (NSE:SANGINITA) 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.


Sanginita Chemicals 6-Month Price Index Related Terms

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Sanginita Chemicals (NSE:SANGINITA) Business Description

Traded in Other Exchanges
N/A
Address
Ch-Road, 301, 3rd Floor, Shalin Complex, Behind Megh-Malhar Complex, Sector -11, Gandhinagar, GJ, IND, 382011
Sanginita Chemicals Ltd is engaged in the manufacturing of inorganic metal-based chemicals. It offers Cuprous Chloride, Copper Sulphate, Copper Phthalocyanine Blue Crude, and Cupric Chloride. The company's products are widely used in dyes and pigment industries, paint industries, pharmaceuticals industries, electroplating industries, metal extraction industries and ink, Carbon paper, PVC pipe coating industries, and others. In addition, the company also undertakes the production of various other chemical products.

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