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Shiva Texyarn (NSE:SHIVATEX) 6-Month Price Index : 0.79 (As of May. 07, 2025)


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What is Shiva Texyarn 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 (2025-05-07), Shiva Texyarn's 6-Month Price Index is 0.79.

Competitive Comparison of Shiva Texyarn's 6-Month Price Index

For the Textile Manufacturing subindustry, Shiva Texyarn'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.

Shiva Texyarn  (NSE:SHIVATEX) 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.

Shiva Texyarn  (NSE:SHIVATEX) 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.

Shiva Texyarn 6-Month Price Index Related Terms

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

Shiva Texyarn Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shiva Texyarn Ltd (NSE:SHIVATEX) » Definitions » 6-Month Price Index
Comparable Companies
BOM:533108 BOM:540726 BOM:526179 BOM:514450 BOM:512527 BOM:532674 BOM:531307 BOM:521018 NSE:KCK BOM:533407 HKSE:02313 TSE:3402 TPE:1402 IST:SASA SZSE:000158 BOM:532889 SHSE:601233 SHSE:600295 AIN TPE:2915
Traded in Other Exchanges
511108:India
Address
Krishnaswamy Mudaliar Road, Sri Vari Kikani Center, 3A, 3rd Floor, R.S. Puram, Coimbatore, TN, IND, 641 002
Website
https://www.shivatex.in
Shiva Texyarn Ltd manufactures and markets Cotton yarn and other value-added textile products in India. It operates in the Textiles segment through the divisions of Spinning Mill, Processing, Lamination, Bag, and Garment, among others. The group sells products such as Yarn, Fabrics, Waste cotton and Garments, of which a majority of revenue is derived from the sale of Yarn products. Geographically, it has a business presence in India and other countries, of which a majority of the revenue is derived within India.

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