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Super Bakers (India) (BOM:530735) 6-Month Price Index : 0.90 (As of Jun. 07, 2024)


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What is Super Bakers (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 (2024-06-07), Super Bakers (India)'s 6-Month Price Index is 0.90.


Competitive Comparison of Super Bakers (India)'s 6-Month Price Index

For the Packaged Foods subindustry, Super Bakers (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.


Super Bakers (India)  (BOM:530735) 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.


Super Bakers (India)  (BOM:530735) 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.


Super Bakers (India) 6-Month Price Index Related Terms

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Super Bakers (India) (BOM:530735) Business Description

Traded in Other Exchanges
N/A
Address
Anil Starch Mill Road, Naroda Road, Near Hirawadi Char Rasta, Ahmedabad, GJ, IND, 380 025
Super Bakers (India) Ltd is involved in the manufacturing bread with the brand name 'Super Bread' and is located in Ahmedabad, Gujarat. Its products comprise Bread, Buns and Pav, and Flatbreads. The company is a license holder of Modern Food Enterprises Pvt. Ltd. which is a franchise of 'Modern Bread' for manufacturing and marketing in Gujarat and some of the areas of Rajasthan.

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