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VRL Logistics (NSE:VRLLOG) 6-Month Price Index : 0.80 (As of Jun. 10, 2024)


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What is VRL Logistics 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), VRL Logistics's 6-Month Price Index is 0.80.


Competitive Comparison of VRL Logistics's 6-Month Price Index

For the Trucking subindustry, VRL Logistics'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.


VRL Logistics  (NSE:VRLLOG) 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.


VRL Logistics  (NSE:VRLLOG) 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.


VRL Logistics 6-Month Price Index Related Terms

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


VRL Logistics (NSE:VRLLOG) Business Description

Traded in Other Exchanges
Address
Circuit House Road, Giriraj Annexe, Hubballi, KA, IND, 580 029
VRL Logistics Ltd is engaged in the business of logistics services dealing mainly with goods and passenger transportation. The company operates through four segments namely, Goods transport, Bus operations, Sale of power and Transport of passengers by air. Its Goods transport segment, which generates key revenue for the company, uses a range of road transportation solutions for the customers, including less than full truckload and full truckload. It also does courier business for the transportation of small parcels and documents using a range of multi-model solutions. The Bus operations division offers services of transportation solutions through Buses. Geographically the group derives prime revenue from India.

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