Problem Title:
\nTo determine RELATIONSHIP OF Nifty and Sanofi India Ltd.<\/p>\n
Author \u2013 Srestha Datta<\/p>\n
INTRODUCTION OF COMPANY
\nSanofi India Limited is one of the entities through which Sanofi operates in India. It was incorporated in May 1956 under the name Hoechst Fedco Pharma Private Limited. Over the years, its name was changed to Hoechst Pharmaceuticals Private Limited, Hoechst India Limited, Hoechst Marion Roussel Limited and Aventis Pharma Limited. Today, it employs more than 3,000 employees across India.<\/p>\n
Sanofi, one of the world’s leading healthcare companies, and its 100% subsidiary – Hoechst GmbH, are the major shareholders of Sanofi India Limited and together hold 60.4% of its paid-up share capital.<\/p>\n
OBJECTIVE
\nTo calculate beta of company and find its significance<\/p>\n
Data Collection:
\nData was collected from the NSE Website which comprises of historic data for the past 1 year. The Friday of each week of the year was taken into consideration. The resultant was calculated and regression was performed on the data.<\/p>\n
Data Analysis:
\nWe know Y= a +bx1
\nWhere b is the beta value.
\nH0 \u2013 Null Hypothesis
\nH1 \u2013 Alternate Hypothesis
\nIf the beta coefficient is significant, the interpretation is that for every 1-unit increase in the predictor variable, the outcome variable will increase by the beta coefficient value. <\/p>\n
Observations:
\nIt was found that R Square is 2.8%, the regression Equation was found to be
\n Y= 0.2799+ 0.11023X
\nHere Beta value is 0.11023<\/p>\n","protected":false},"excerpt":{"rendered":"
Problem Title: To determine RELATIONSHIP OF Nifty and Sanofi India Ltd. Author \u2013 Srestha Datta INTRODUCTION OF COMPANY Sanofi India Limited is one of the entities through which Sanofi operates in India. It was incorporated in May 1956 under the name Hoechst Fedco Pharma Private Limited. Over the years, its name was changed to Hoechst… Continue reading To determine relationship OF Nifty and Sanofi India Ltd. (By Srestha Datta 80012100438<\/span><\/a><\/p>\n","protected":false},"author":91926,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1631,740,1632],"class_list":["post-15947","post","type-post","status-publish","format-standard","hentry","category-management","tag-company","tag-management","tag-sanofi","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/91926"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15947"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15947\/revisions"}],"predecessor-version":[{"id":16185,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15947\/revisions\/16185"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15947"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}