GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Havells India Ltd (BOM:517354) » Definitions » 6-Month Price Index

Havells India (BOM:517354) 6-Month Price Index : 1.29 (As of Apr. 28, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Havells India 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 (2024-04-28), Havells India's 6-Month Price Index is 1.29.


Competitive Comparison of Havells India's 6-Month Price Index

For the Electrical Equipment & Parts subindustry, Havells India'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.


Havells India  (BOM:517354) 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.


Havells India  (BOM:517354) 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.


Havells India 6-Month Price Index Related Terms

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


Havells India (BOM:517354) Business Description

Traded in Other Exchanges
Address
2D, Expressway, QRG Towers, Sector 126, Noida, UP, IND, 201304
Havells India Ltd manufactures and distributes electrical equipment for consumer and industrial applications. Its product portfolio includes fans, appliances, switches, lighting, switch gears, circuit breakers, water heaters, air purifiers, flexible cables, air coolers, monoblock and submersible pumps, personal grooming products, motors, and reactive power solutions. The firm has seven manufacturing facilities, all of which are in India. A majority of the firm's revenue is generated in India.

Havells India (BOM:517354) Headlines

No Headlines