Relationship between Nifty 50 and Aegis Logistics Limited
AUTHOR : AYUSH GAWAI, 64.
INTRODUCTION :
Aegis Logistics Limited is a company that mainly works in storing and transporting oil, gas, and chemicals across India.It has storage terminals near major ports, which helps it handle large quantities of LPG and other liquid products easily.
Over time, the company has shown steady growth in its revenue and business operations, making it a stable player in this sector.Since it is listed in the stock market, we can compare its performance (like revenue and profit) with Nifty 50 to understand how well it is doing compared to top companies.This kind of comparison helps in knowing whether the company is growing faster or slower than the overall market.
OBJECTIVE : To calculate Beta and observe its significance.
LITERATURE REVIEW:
(Insights Global, 2025), The company’s business is divided into two main segments: the Liquids Logistics Division, which focuses on petroleum and chemical storage, and the Gas Division, which handles LPG sourcing, storage, and distribution. Studies show that growth in revenue and EBITDA across both divisions reflects Aegis’s ability to expand capacity and meet the rising demand for LPG in India.
(Capital Market, 2025), Aegis continues to invest in infrastructure and new projects, reflecting its long-term vision to grow and strengthen its market position.
DATA COLLECTION:
Data for Nifty 50 and Aegis Logistics Ltd. was downloaded by nseindia.com for the period 1/1/2025 to 31/12/2025. Friday closing price for Nifty 50 and Aegis Logistics Limited were calculated. Weekly returns of Nifty 50 were taken as x and Weekly return of Aegis Logistics Limited were taken as y. y was regressed on x.
DATA ANALYSIS:
y=-0.32+1.37x
|
N |
48 |
|
R square |
0.15 |
|
F |
8.09 |
|
P- value |
0.01 |
|
t Stat |
2.84 |
|
B |
1.37 |
The above Equation shows the relationship between Nifty 50 and Aegis Logistics Ltd. Positive means their Direct relation which means if Nifty 50 stock rises Aegis Logistics Ltd stock rise and vice versa. If Nifty 50 stock increases by 1 unit, the Aegis Logistics Ltd stock increases by 1.37 unit. Number of observations is 48. t-stat for beta 2.84. The P value 0.01 is less than 0.05 meaning Beta is statistically significant at 5% level. No. of observations are 48. R square is 0.15 meaning 15% is the error due to the variable not included in model. F is 8.09 and P value of which 0.01 less than 0.05 meaning Beta is statistically significant at 5% level.
CONCLUSION:
B>1, Hence invest for short term if Nifty 50 rise.
REFERENCE:
Insights Global. (2025). Can Aegis Logistics ensure sustainable growth for long-term success? Retrieved from https://www.insights-global.com
Capital Market. (2025). Aegis Logistics consolidated net profit rises in Q1 FY25. Retrieved from https://www.capitalmarket.com