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Bannari Amman Sugars (BOM:500041) 6-Month Price Index : 0.96 (As of Jun. 11, 2024)


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What is Bannari Amman Sugars 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 (2024-06-11), Bannari Amman Sugars's 6-Month Price Index is 0.96.

Competitive Comparison of Bannari Amman Sugars's 6-Month Price Index

For the Confectioners subindustry, Bannari Amman Sugars'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.

Bannari Amman Sugars  (BOM:500041) 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.

Bannari Amman Sugars  (BOM:500041) 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.

Bannari Amman Sugars 6-Month Price Index Related Terms

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Bannari Amman Sugars (BOM:500041) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bannari Amman Sugars Ltd (BOM:500041) » Definitions » 6-Month Price Index
Comparable Companies
BOM:500032 BOM:500097 BOM:530305 BOM:500119 BOM:532729 BOM:532610 BOM:540649 BOM:523369 NSE:UGARSUGAR BOM:540650 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990
Traded in Other Exchanges
BANARISUG:India
Address
1212, Trichy Road, Coimbatore, TN, IND, 641018
Website
http://www.bannari.com
Bannari Amman Sugars Ltd is an India based industrial conglomerate engaged in the manufacturing, trading and service activities. The company manufactures and trades in products segment of Sugar, Power, Distillery and Granite products. It generates the majority of the revenue from the Sugar products. The group markets the products in India, and also exports sugar and granite products internationally, of which majority of the revenue is generated from the sales made in India.

Bannari Amman Sugars (BOM:500041) Headlines

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