Title: Relationship of Sundaram Multi Pap Limited with Nifty 50

Author: Samruddhi Ajay Raul.

Introduction:
Over the past 38+ years the company has grown by many folds and diversified into various other verticals of business. Their dedication and passion to deliver the best has led them to explore new avenues and foresee the future. With a wide range of over 200 products today Sundaram sells more than 5 lakh books everyday through its strong distribution network of 15000 dealers and distributors. They design, manufacture and market paper stationery products – exercise note books, long books, note pads, scrap books, drawing books, graph books – for students of all ages, as well as office/ corporate stationery products and printing, writing & packaging paper.

Objective:

Calculate Beta of “Co” And see its significance

Data Collection:

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.507943
R Square 0.258006
Adjusted R Square 0.241143
Standard Error 1.04147
Observations 46

ANOVA
df SS MS F Significance F
Regression 1 16.59497 16.59497 15.2997 0.000314
Residual 44 47.72503 1.08466
Total 45 64.32

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept -101.122 0.951277 -106.301 1.07E-54 -103.039 -99.2049 -103.039 -99.2049
X Variable 1 0.000228 5.82E-05 3.911483 0.000314 0.00011 0.000345 0.00011 0.000345

Data Analysis:
HLL Relation O.25+0.23 nifty

Conclusion:
The model we analyzed is not good.

Reference:
https://www1.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=SUNDARAM&illiquid=0&smeFlag=0&itpFlag=0
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