GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shriram Pistons & Rings Ltd (NSE:SHRIPISTON) » Definitions » 6-Month Price Index

Shriram Pistons & Rings (NSE:SHRIPISTON) 6-Month Price Index : 1.10 (As of May. 12, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Shriram Pistons & Rings 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 (2025-05-12), Shriram Pistons & Rings's 6-Month Price Index is 1.10.


Competitive Comparison of Shriram Pistons & Rings's 6-Month Price Index

For the Auto Parts subindustry, Shriram Pistons & Rings'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.


Shriram Pistons & Rings  (NSE:SHRIPISTON) 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.


Shriram Pistons & Rings  (NSE:SHRIPISTON) 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.


Shriram Pistons & Rings 6-Month Price Index Related Terms

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


Shriram Pistons & Rings Business Description

Traded in Other Exchanges
Address
23, Kasturba Gandhi Marg, 3rd Floor, Himalaya House, New Delhi, IND, 110 001
Shriram Pistons & Rings Ltd is engaged in the business of manufacturing and marketing its automotive component. The company's product portfolio comprises Pistons, Piston Pins, Piston Rings, and Engine Valves. Its product is used by passenger commercial vehicles, cars, two-wheelers, tractors, and stationary engines. The company derives revenue mainly from sales in the domestic market.

Shriram Pistons & Rings Headlines

No Headlines