Astral (NSE:ASTRAL) 6-Month Price Index : 1.11 (As of May. 26, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Astral 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 (2024-05-26), Astral's 6-Month Price Index is 1.11.

Competitive Comparison of Astral's 6-Month Price Index

For the Building Products & Equipment subindustry, Astral'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.

Astral (NSE:ASTRAL) 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.

Astral (NSE:ASTRAL) 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.

Astral 6-Month Price Index Related Terms

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

Astral (NSE:ASTRAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Astral Ltd (NSE:ASTRAL) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

532830:India

Address

Off. S.G. Highway, Astral House, 207/1, Behind Rajpath Club, Ahmedabad, GJ, IND, 380059

Website

https://www.astralpipes.com

Astral Ltd manufactures plumbing systems, drainage systems, agriculture, industrial and electrical conduit pipes with various types of fittings. Operations are divided into two business segment units: Plumbing, and Paints and Adhesives. Astral's list of clients includes hospitals, resorts, parks, stadiums, government facilities, and a host of other industries. The majority of the company's products are utilized across India. Pipes and systems are sold under several brand names and can be built to withstand many conditions imposed by a system's environment and meet several requirements and regulations.

Astral (NSE:ASTRAL) Headlines

No Headlines