Entertainment Network (India) (BOM:532700) 6-Month Price Index : 1.33 (As of May. 14, 2024)

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What is Entertainment Network (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 (2024-05-14), Entertainment Network (India)'s 6-Month Price Index is 1.33.

Competitive Comparison of Entertainment Network (India)'s 6-Month Price Index

For the Broadcasting subindustry, Entertainment Network (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.

Entertainment Network (India) (BOM:532700) 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.

Entertainment Network (India) (BOM:532700) 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.

Entertainment Network (India) 6-Month Price Index Related Terms

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Entertainment Network (India) (BOM:532700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Entertainment Network (India) Ltd (BOM:532700) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

ENIL:India

Address

Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.enil.co.in

Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

Entertainment Network (India) (BOM:532700) Headlines

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