Relationship of Nifty50 index with Reliance industries ltdAuthor: Rishikesh MistryIntroduction:Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Itsbusinesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media,entertainment, and textiles. Reliance is the largest public company in India by market capitalizationand revenue and the 100th largest company worldwide. In 2023, the company was… Continue reading Relationship of Nifty50 index with Reliance industries ltd
Category: Management
Relationship of Tata motors limited with Nifty 50
Title: Relationship of Tata motors Limited with Nifty 50 Author: Tejas Suryawanshi Introduction: Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group. The company produces cars, trucks, vans, and busses. Subsidiaries include British Jaguar Land Rover and South Korean Tata Daewoo. Tata Motors has joint ventures… Continue reading Relationship of Tata motors limited with Nifty 50
Relationship between Som Distilleries Breweries and Wineries Ltd. (SDBL) & Nifty 50
Topic: Relationship between SOM Distilleries Breweries and Wineries Ltd. (SDBL) & Nifty 50 Author: Shrinivas Mogram Introduction: SOM Distilleries Breweries & Wineries Ltd. Is engaged in the brewing, fermentation, bottling, canning and blending of beer and Indian made Foreign Liquor (IMFL). Its product portfolio consists of various options across beer, rum, brandy, vodka and whisky… Continue reading Relationship between Som Distilleries Breweries and Wineries Ltd. (SDBL) & Nifty 50
Relationship of Nifty with Angel One Limited
Title: Relationship of Nifty with Angel One Limited Author: ADHISHTHA MANOHAR Introduction: Angel One Limited is a Fintech company providing broking services, margin trading facility, research services, depository services, investment education and financial products distribution to its clients It is SEBI-registered stock brokerage firm and a trading member of BSE, NSE, and MCX. All the transactions… Continue reading Relationship of Nifty with Angel One Limited
Relationship of Nifty 50 Index with Max Financial Service Limited
Relationship of Nifty 50 Index with Max Financial Service Limited
Author: Mujeem Khan
RELATIONSHIP OF STARBUCKS WITH NIFTY 50
Author: Swapnil S Mishra Introduction: Starbucks is an American company that operates the largest coffeehouse chain and one of the most recognizable brands in the world. Headquartered in Seattle, Washington, the company operates more than 35,000 stores across 80 countries Objective: To calculate Beta and find its significance Data collection: Data for Nifty 50 and… Continue reading RELATIONSHIP OF STARBUCKS WITH NIFTY 50
Relationship between Siyaram Silk Mills with nifty50
Title: Relationship between Siyaram Silk Mills with nifty50 Author: Sumit Wadmare Introduction: – Siyaram silk mills limited a renowned men’s textile and fashion conglomerate in India. Since its establishment in 1978, Siyaram’s has evolved from humble beginnings to become a household name, blending tradition with modernity and innovation. Led by visionary leadership, the company has… Continue reading Relationship between Siyaram Silk Mills with nifty50
Crisil ltd
Topic: CRISIL LITMITED Author: Chandrakant Palve Introduction: Crisil is leading agile and innovative global analytics company driven by its mission of making markets factions better. We are India foremost provider of rating data research analytics and solutions. A strong track record of growth culture of innovation and global footprint seats us apart. We have… Continue reading Crisil ltd
Relationship of Nifty50 index with Shriram Finance Limited
Relationship of Nifty50 index with Shriram Finance Limited. Author: Sushant Shashikant Borge Introduction: Shriram Transport Finance Company Ltd is a part of the SHRIRAM Group conglomerate which has a significant presence in the financing business. STFC is engaged In the business of commercial vehicle financing mainly focusing on trucks from preowned to new ones. It’s… Continue reading Relationship of Nifty50 index with Shriram Finance Limited
Relationship of Nifty 50 Index with Apollo Tyre Limited Author: Akshay pujari Introduction: Apollo Tyre Limited is a leading company in the Indian automotive industry, specializing in the manufacture of high-performance tyres. It is based in Goa, India and was established in 1978. The company is known for its wide range of tyre products, including ultra-high-performance tyres, durable all-weather tyres, and sports tyres. Apollo is also committed to employing state-of-the-art technology and sustainable manufacturing processes. The company’s products are used in a variety of vehicles, from motorcycles and cars to buses and trucks. Objective: To find Beta (β) of Apollo Tyre Limited and its significance Data Collection: Nifty 50 Index and Apollo Tyre Limited data was collected from nseindia.com website for the period of one year dating from 1st march 2023 to 28st february 2024. The historical data collected was manipulated using Microsoft Excel to get Friday closing prices of both, the index and the company. Weekly returns were based on the closing prices were calculated using Excel tools and with use of Regression analysis, weekly returns of Apollo Tyre Limited were regressed on weekly returns of Nifty 50 Index. Data Analysis: Equation of regression of weekly returns of Apollo Tyre Limited on weekly returns of Nifty 50 Index- Format of Regression equation is Y = α + β(X) weekly returns of Apollo Tyre Limited = -0.65063 – 0.67217 × weekly returns of Nifty 50 Index (-1.7699) Where, Number of Observations = 48, R Square =0.063757, F =3.132529, P-value = 0.083373 Interpretation- The above equation shows relationship between weekly returns of Apollo Tyre Limited Company and weekly returns of Nifty 50 Index. Negative sign means inverse relation, meaning if weekly returns of Nifty 50 Index rise then weekly returns of Apollo Tyre Limited Company falls and vice-versa. If weekly returns of Nifty 50 Index rise by 1-unit, weekly returns of Apollo Tyre Limited Company will fall by – 0.67217 unit and vice-versa. Figure in bracket shows t-stat for β, P-value for which is 0.083373, which is greater than 0.05 meaning β is not statistically significant at 5% significance level. Number of Observations are 48, R-square value is 0.063757 meaning approximately 6.37% of weekly returns of Apollo Tyre Limited are explained by weekly returns of Nifty 50 Index. Balance 93.62% (approximate) is error due to other variables which are not in the model. F is 0.404118, the P-value of which is 0.083373, which is greater than 0.05 meaning overall, the model is not statistically significant at 5% significance level. Conclusion: As β (- 0.67217) is less than 1, fundamentals of this stock are weak hence it is advised not to invest in Apollo Tyre Limited.
Relationship of Nifty 50 Index with Apollo Tyre Limited Relationship of Nifty 50 Index with Apollo Tyre LimitedAuthor: Akshay pujari Introduction:Apollo Tyre Limited is a leading company in the Indian automotive industry, specializing in the manufacture of high-performance tyres. It is based in Goa, India and was established in 1978. The company is known for… Continue reading Relationship of Nifty 50 Index with Apollo Tyre Limited Author: Akshay pujari Introduction: Apollo Tyre Limited is a leading company in the Indian automotive industry, specializing in the manufacture of high-performance tyres. It is based in Goa, India and was established in 1978. The company is known for its wide range of tyre products, including ultra-high-performance tyres, durable all-weather tyres, and sports tyres. Apollo is also committed to employing state-of-the-art technology and sustainable manufacturing processes. The company’s products are used in a variety of vehicles, from motorcycles and cars to buses and trucks. Objective: To find Beta (β) of Apollo Tyre Limited and its significance Data Collection: Nifty 50 Index and Apollo Tyre Limited data was collected from nseindia.com website for the period of one year dating from 1st march 2023 to 28st february 2024. The historical data collected was manipulated using Microsoft Excel to get Friday closing prices of both, the index and the company. Weekly returns were based on the closing prices were calculated using Excel tools and with use of Regression analysis, weekly returns of Apollo Tyre Limited were regressed on weekly returns of Nifty 50 Index. Data Analysis: Equation of regression of weekly returns of Apollo Tyre Limited on weekly returns of Nifty 50 Index- Format of Regression equation is Y = α + β(X) weekly returns of Apollo Tyre Limited = -0.65063 – 0.67217 × weekly returns of Nifty 50 Index (-1.7699) Where, Number of Observations = 48, R Square =0.063757, F =3.132529, P-value = 0.083373 Interpretation- The above equation shows relationship between weekly returns of Apollo Tyre Limited Company and weekly returns of Nifty 50 Index. Negative sign means inverse relation, meaning if weekly returns of Nifty 50 Index rise then weekly returns of Apollo Tyre Limited Company falls and vice-versa. If weekly returns of Nifty 50 Index rise by 1-unit, weekly returns of Apollo Tyre Limited Company will fall by – 0.67217 unit and vice-versa. Figure in bracket shows t-stat for β, P-value for which is 0.083373, which is greater than 0.05 meaning β is not statistically significant at 5% significance level. Number of Observations are 48, R-square value is 0.063757 meaning approximately 6.37% of weekly returns of Apollo Tyre Limited are explained by weekly returns of Nifty 50 Index. Balance 93.62% (approximate) is error due to other variables which are not in the model. F is 0.404118, the P-value of which is 0.083373, which is greater than 0.05 meaning overall, the model is not statistically significant at 5% significance level. Conclusion: As β (- 0.67217) is less than 1, fundamentals of this stock are weak hence it is advised not to invest in Apollo Tyre Limited.