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VA Tech Wabag (NSE:WABAG) 6-Month Price Index : 1.71 (As of May. 22, 2024)


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What is VA Tech Wabag 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 (2024-05-22), VA Tech Wabag's 6-Month Price Index is 1.71.


Competitive Comparison of VA Tech Wabag's 6-Month Price Index

For the Engineering & Construction subindustry, VA Tech Wabag'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.


VA Tech Wabag  (NSE:WABAG) 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.


VA Tech Wabag  (NSE:WABAG) 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.


VA Tech Wabag 6-Month Price Index Related Terms

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


VA Tech Wabag (NSE:WABAG) Business Description

Traded in Other Exchanges
Address
200 Feet Thoraipakkam - Pallavaram Main Road, Wabag House, No. 17, Sunnambu Kolathur, Chennai, TN, IND, 600117
VA Tech Wabag Ltd provides engineering solutions in the water treatment industry. The group is engaged in the construction and maintenance of water treatment plants. The company design completes and operates drinking water and wastewater plants for both the municipal and industrial sectors. The company offers sustained solutions for special customer needs through a comprehensive range of services and technologies. The company provides lifecycle solutions, including conceptualization, design, engineering, procurement, supply, installation, construction, and operations and maintenance services.

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