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Hindustan Zinc (NSE:HINDZINC) 6-Month Price Index : 2.12 (As of Jun. 10, 2024)


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What is Hindustan Zinc 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 (2024-06-10), Hindustan Zinc's 6-Month Price Index is 2.12.


Competitive Comparison of Hindustan Zinc's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Hindustan Zinc'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.


Hindustan Zinc  (NSE:HINDZINC) 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.


Hindustan Zinc  (NSE:HINDZINC) 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.


Hindustan Zinc 6-Month Price Index Related Terms

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


Hindustan Zinc (NSE:HINDZINC) Business Description

Traded in Other Exchanges
Address
Yashad Bhavan, Udaipur, RJ, IND, 313004
Hindustan Zinc Ltd is engaged in exploring, extracting, processing minerals, and manufacturing metals. The company is focused on mining and smelting zinc, Lead, and silver and also power generation through captive power plants and wind power plants. The company produces products under the brand name HZL and Vedanta. The segments of the company include Zinc, Lead, Silver, and others; and Wind energy. The company generates the majority of its revenues through Zinc, Lead, silver, and other segments. The company has a business presence in India, Asia, and the Rest of the World of which India derives a majority of the revenue.

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