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Mahindra Lifespace Developers (BOM:532313) 6-Month Price Index : 1.14 (As of Jun. 12, 2024)


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What is Mahindra Lifespace Developers 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 (2024-06-12), Mahindra Lifespace Developers's 6-Month Price Index is 1.14.


Competitive Comparison of Mahindra Lifespace Developers's 6-Month Price Index

For the Real Estate - Development subindustry, Mahindra Lifespace Developers'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.


Mahindra Lifespace Developers  (BOM:532313) 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.


Mahindra Lifespace Developers  (BOM:532313) 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.


Mahindra Lifespace Developers 6-Month Price Index Related Terms

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Mahindra Lifespace Developers (BOM:532313) Business Description

Traded in Other Exchanges
Address
Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, IND, 400 018
Mahindra Lifespace Developers Ltd is an India-based real estate development company. The firm, along with its subsidiary companies, is engaged in the development of residential projects and integrated large-format development. Its residential offering comprises mid-premium segment housing as well as affordable housing. It operates in two business segments including Operating of Commercial complexes and Projects, project management, and development segment. Operating of commercial complexes includes rental income from commercial properties. A project, project management, and development segment include income from the sale of residential units.

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