GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ambuja Cements Ltd (BOM:500425) » Definitions » 6-Month Price Index

Ambuja Cements (BOM:500425) 6-Month Price Index : 1.52 (As of Apr. 29, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Ambuja Cements 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 (2024-04-29), Ambuja Cements's 6-Month Price Index is 1.52.


Competitive Comparison of Ambuja Cements's 6-Month Price Index

For the Building Materials subindustry, Ambuja Cements'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.


Ambuja Cements  (BOM:500425) 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.


Ambuja Cements  (BOM:500425) 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.


Ambuja Cements 6-Month Price Index Related Terms

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


Ambuja Cements (BOM:500425) Business Description

Traded in Other Exchanges
Address
MIDC Cross Road ‘B’, Off Andheri-Kurla Road, Elegant Business Park, Andheri (East), Mumbai, MH, IND, 400059
Ambuja Cements Ltd manufactures and sells cement, concrete, and cement-related products to the building and construction industries. The company's portfolio of products includes Portland Pozolona cement and ordinary Portland cement. The vast majority of the firm's revenue is generated in India. Ambuja Cements has operations throughout India and uses a network of ports, bulk cement terminals, captive ships, and railroads to transport its products to both warehouses and directly to customers. The company also has a technical services team that partners with customers to teach concrete mixing and curing techniques.

Ambuja Cements (BOM:500425) Headlines

No Headlines