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TRF (BOM:505854) 6-Month Price Index : 2.14 (As of Jun. 02, 2024)


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What is TRF 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 (2024-06-02), TRF's 6-Month Price Index is 2.14.


Competitive Comparison of TRF's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, TRF'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.


TRF  (BOM:505854) 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.


TRF  (BOM:505854) 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.


TRF 6-Month Price Index Related Terms

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


TRF (BOM:505854) Business Description

Traded in Other Exchanges
Address
11, Station Road, Burma Mines, Jamshedpur, JH, IND, 831007
TRF Ltd through its subsidiaries is engaged in material handling equipment such as stackers, reclaimers, stacker-cum-reclaimers, ship loaders, unloaders, general conveyors, idler rollers and all types of machinery for sorting, screening, and separating. The company undertakes turnkey projects of material handling for the infrastructure sector such as power and ports and industrial sectors such as steel plants, cement, fertilisers and mining. It is also engaged in the production of such material handling equipment. Further, the company is engaged in providing services relating to design and engineering and supervision.

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