Relationship of Nifty 50 with TAKE Solutions Ltd.

1. INTRODUCTION

TAKE Solutions Ltd. is a global technology and consulting company specializing in life sciences and supply chain solutions. The company provides innovative software, analytics, and managed services to help organizations improve compliance, efficiency, and business performance. With a strong global presence, TAKE Solutions delivers technology-driven solutions tailored to client needs.

2. OBJECTIVE

To calculate β of TAKE Solutions Ltd. and observe its significance.

3. DATA COLLECTION

• Historical data of TAKE Solutions Ltd. and NIFTY50 index data (downloaded from NSE website for the period 01-Dec-24 to 30-Nov-2025).

• The data was manipulated to get Friday closing prices.

4. LITERATURE REVIEW

• According to Michael E. Porter, companies in technology and service industries gain competitive advantage through differentiation and operational efficiency. Studies by reputed consulting firms highlight that organizations like TAKE Solutions Ltd. rely on domain expertise, innovation, and skilled workforce management to sustain growth. Effective alignment of technology and human resources is identified as a key success factor in such firms.

5. DATA ANALYSIS

• Regression Equation: – 

y = 1.525273763x + 0.169011385

where: –

y = Weekly Return for TAKE Solutions Ltd.

x = Weekly Return for NIFTY

This equation tells us that if weekly returns of NIFTY increases, then weekly return for Redington Ltd also increases.

• Number of Observations = 48

• t-stat for β = 3.106259346

• p-value = 0.003241769 × 10⁻⁶ This indicates that since p-value < 0.05, β is statistically significant at 1% level.

• R2 = 0.173388087  This indicates that around 15% of the weekly return for TAKE Solutions Ltd. is explained by the weekly return for NIFTY. 85% is the error due to the other variables which are not in model.

• F = 9.648847126  The overall model is statistically significant.

6. CONCLUSION

Here β = 1.525273763  Since β ≥ 1, it is good for short-term investment if NIFTY rises.

7. REFERENCES

1. Michael E. Porter, A. SWOT Analysis of TAKE Solutions Ltd.

 

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