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Chennai Meenakshi Multispeciality Hospital (BOM:523489) 6-Month Price Index : 0.71 (As of Jun. 08, 2024)


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What is Chennai Meenakshi Multispeciality Hospital 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), Chennai Meenakshi Multispeciality Hospital's 6-Month Price Index is 0.71.


Competitive Comparison of Chennai Meenakshi Multispeciality Hospital's 6-Month Price Index

For the Medical Care Facilities subindustry, Chennai Meenakshi Multispeciality Hospital'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.


Chennai Meenakshi Multispeciality Hospital  (BOM:523489) 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.


Chennai Meenakshi Multispeciality Hospital  (BOM:523489) 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.


Chennai Meenakshi Multispeciality Hospital 6-Month Price Index Related Terms

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Chennai Meenakshi Multispeciality Hospital (BOM:523489) Business Description

Traded in Other Exchanges
N/A
Address
Luz Church Road, New No. 70, Old No. 149, Mylapore, Chennai, TN, IND, 600004
Website
Chennai Meenakshi Multispeciality Hospital Ltd is an India-based company engaged in hospital activities. It provides healthcare and pharmacy services. The hospital offers facilities like outpatient services, operation theatre, dialysis center, diagnostic services, and other facilities. It consists of departments like Cardiology Department, Casualty Department, Diagnostic Services, Intensive Care Unit, Nephrology Department, Physiotherapy Department, and others. The majority of the revenue is derived from providing inpatient and outpatient facilities.

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