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Norben Tea & Exports (NSE:NORBTEAEXP) 6-Month Price Index : 1.02 (As of Jun. 08, 2024)


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What is Norben Tea & Exports 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 (2024-06-08), Norben Tea & Exports's 6-Month Price Index is 1.02.

Competitive Comparison of Norben Tea & Exports's 6-Month Price Index

For the Farm Products subindustry, Norben Tea & Exports'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.

Norben Tea & Exports  (NSE:NORBTEAEXP) 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.

Norben Tea & Exports  (NSE:NORBTEAEXP) 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.

Norben Tea & Exports 6-Month Price Index Related Terms

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Norben Tea & Exports (NSE:NORBTEAEXP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Norben Tea & Exports Ltd (NSE:NORBTEAEXP) » Definitions » 6-Month Price Index
Comparable Companies
BOM:531832 BOM:526473 BOM:519500 BOM:540809 BOM:508571 BOM:542938 BOM:543546 BOM:512217 BOM:519285 BOM:535204 ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
519528:India
Address
15B, Hemanta Basu Sarani, 3rd Floor, Octavious Centre, Kolkata, WB, IND, 700 001
Website
https://www.norbentea.com
Norben Tea & Exports Ltd is an India-based tea producing company. It is mainly engaged in the business of growing, manufacturing, and marketing of tea.

Norben Tea & Exports (NSE:NORBTEAEXP) Headlines

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