GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AB Infrabuild Ltd (NSE:ABINFRA) » Definitions » 6-Month Price Index

AB Infrabuild (NSE:ABINFRA) 6-Month Price Index : 1.14 (As of Jun. 09, 2024)


View and export this data going back to 2019. Start your Free Trial

What is AB Infrabuild 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 (2024-06-09), AB Infrabuild's 6-Month Price Index is 1.14.

Competitive Comparison of AB Infrabuild's 6-Month Price Index

For the Engineering & Construction subindustry, AB Infrabuild'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.

AB Infrabuild  (NSE:ABINFRA) 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.

AB Infrabuild  (NSE:ABINFRA) 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.

AB Infrabuild 6-Month Price Index Related Terms

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

AB Infrabuild (NSE:ABINFRA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AB Infrabuild Ltd (NSE:ABINFRA) » Definitions » 6-Month Price Index
Comparable Companies
NSE:SONUINFRA BOM:531297 BOM:536073 BOM:531900 BOM:540696 BOM:531497 BOM:541112 NSE:HECPROJECT NSE:PIGL NSE:AKASH XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
104, Shubhangan Cooperative Housing Society, Jawahar Nagar, Near Railway Crossing, Goregaon (West), Mumbai, MH, IND, 400 104
Website
https://www.abinfrabuild.com
AB Infrabuild Ltd is mainly engaged in providing Road Over Bridge and Foot Over Bridge related services. The company also offers services in the area of new station infrastructure, civil and structural work, track formation, track linking, gauge conversion, and new railway lines. It is also involved in building road contracts, Infrastructure, and steel grinder bridges. The company is dedicated to providing superior construction services to its clients by consistently improving quality and technical know-how.

AB Infrabuild (NSE:ABINFRA) Headlines

No Headlines