Bharat Electronics (NSE:BEL) 6-Month Price Index : 1.77 (As of Jun. 10, 2024)

View and export this data going back to 2000. Start your Free Trial

What is Bharat Electronics 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 (2024-06-10), Bharat Electronics's 6-Month Price Index is 1.77.

Competitive Comparison of Bharat Electronics's 6-Month Price Index

For the Aerospace & Defense subindustry, Bharat Electronics'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.

Bharat Electronics (NSE:BEL) 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.

Bharat Electronics (NSE:BEL) 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.

Bharat Electronics 6-Month Price Index Related Terms

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

Bharat Electronics (NSE:BEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bharat Electronics Ltd (NSE:BEL) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

500049:India

Address

Outer Ring Road, Nagavara, Bengaluru, KA, IND, 560 045

Website

https://bel-india.in

Bharat Electronics Ltd is an aerospace and defense company owned by the Indian government. It manufactures a wide range of specialized electronics for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. With approximately three fourths of its revenue derived from the defense sector, relationships with government officials and military camps are critical. The company created a marketing division to take advantage of export opportunities. It ships products to countries with favorable relationships to India and looks to identify long-term supply chain relationships with global players.

Bharat Electronics (NSE:BEL) Headlines

No Headlines