Larsen & Toubro (Larsen & Toubro) 6-Month Price Index : 1.07 (As of Jun. 08, 2024)

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What is Larsen & Toubro 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), Larsen & Toubro's 6-Month Price Index is 1.07.

Competitive Comparison of Larsen & Toubro's 6-Month Price Index

For the Engineering & Construction subindustry, Larsen & Toubro'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.

Larsen & Toubro (OTCPK:LTOUF) 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.

Larsen & Toubro (OTCPK:LTOUF) 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.

Larsen & Toubro 6-Month Price Index Related Terms

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Larsen & Toubro (Larsen & Toubro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Larsen & Toubro Ltd (OTCPK:LTOUF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

LT:India 500510:India LTODl:UK LTOD:UK LTO:Germany

Address

Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, IND, 400 001

Website

https://www.larsentoubro.com

Larsen & Toubro Ltd is a technology, engineering, manufacturing, and financial services conglomerate. It enters contracts to construct various facilities, develop solutions for offshore and onshore hydrocarbon projects, serve power plants, build ships, and perform other engineering projects. Its integrated capabilities help customers throughout the entire value chain, from design to delivering a project. The company has several operating segments: Infrastructure segment; Energy Projects segment, Hi-Tech Manufacturing segment and Other segments. Larsen & Toubro can supply customized solutions or standardized components for reproduction, and its service network boosts aftermarket sales.

Larsen & Toubro (Larsen & Toubro) Headlines

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