R&B Denims (BOM:538119) 6-Month Price Index : 1.77 (As of May. 20, 2024)

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What is R&B Denims 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 (2024-05-20), R&B Denims's 6-Month Price Index is 1.77.

Competitive Comparison of R&B Denims's 6-Month Price Index

For the Textile Manufacturing subindustry, R&B Denims'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.

R&B Denims (BOM:538119) 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.

R&B Denims (BOM:538119) 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.

R&B Denims 6-Month Price Index Related Terms

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R&B Denims (BOM:538119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » R&B Denims Ltd (BOM:538119) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Sachin Palsana Road, Block No. 467, Palsana, Surat, GJ, IND, 394315

Website

https://www.rnbdenims.com

R&B Denims Ltd is a textile manufacturing company. Principally, it is engaged in the business of manufacturing and selling denim textile products. The company's product consists of open-end or ring spun yarns, slub yarns, multi-count, cotton and polyester spandex products with indigo dyed, sulphur dyed, indigo bottom sulphur toppings, sulphur-bottom and indigo toppings with foam and wet finishes. In addition, it also provides fancy yarn play in weft patterns in various weave designs, such as plain, twill, and broken twill, oxford, satin, matty, dobby, and knitted dobby. The Company has three segments. Denims manufacturing, Solar, and Windmill. The company generates the majority of its revenue from the denim segment.

R&B Denims (BOM:538119) Headlines

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