BY-SAJAL MAHESHWARI
\n80012100781<\/p>\n
INTRODUCTION
\nShoppers Stop is an Indian department store chain, owned by the K Raheja Corp. There are 86 stores across 40 cities in India, with clothing, accessories, handbags, shoes, jewellery, fragrances, cosmetics, health and beauty products, home furnishing, and decor products.
\nThe first store was opened in Andheri, Mumbai on 27th Oct 1991.
\nThe company opened its 22nd store at Lucknow in 2006. In 2007, it entered into partnership with Nuance Group AG, and opened stores in Mumbai T1 and Bengaluru Airports.
\nAn e-store with delivery across major cities in India was launched in 2008, with a smartphone app in 2016.
\nIn June 2018, the retail chain underwent a board rejig in which promoter Chandru L Raheja resigned as the non-executive chairman after having served for over two decades.
\nChandru Raheja was succeeded by BS Nagesh.<\/p>\n
OBJECTIVE<\/p>\n
To calculate beta of the company and find its significance<\/p>\n
VIEWS AND REVIEWS<\/p>\n
\u2022\tThe company is engaged in the business of retailing a range of household and consumer consumer products products through departmental stores.
\n\u2022\tThe shoppers stop concentrates on serving many nee d s o f a parti l cu ar customer group and in this way the shopper stop aims to gain a strong re putation in servin g their customers , who belong to the middle and upper class.
\n\u2022\tShopper Shopper Stop positions positions itself as a global premium retailer outlet.
\n\u2022\tShopper Shopper Stop is positioned positioned as a family store delivering a complete shopping experience.<\/p>\n
DATA COLLECTION
\nData of index and equity were collected from https:\/\/www1.nseindia.com\/ and https:\/\/www.nseindia.com\/ respectively. Daily returns from 1st March-2021 to 28 Feb-2022 were downloaded in excel format from these websites and it was sorted into weekly format. Then weekly returns were calculated for both index and equity and then regression analysis was done.<\/p>\n
DATA ANALYSIS
\nPredicted Y = 0.058006+0.505015X
\nN=46, R Square 0.065433, F= 3.080641067
\nTstat (beta) =\t6.24053832901454
\nTstat (0.05,45)= 2.0141<\/p>\n
The above regression equation tells us the relationship between X and Y. Where X is NIFTY\u2019s weekly returns and Y is Shoppers Stop\u2019s weekly returns.
\nThe positive sign of Beta tells us the that there is a positive relationship between NIFTY and Shoppers Stop\u2019s weekly returns.
\nFrom the equation, it can be seen that if X rises by 1 unit, Y will rise by 0.505015 units.
\nT calculated is more that T tabulated which means, \u03b2 is statistically significant at 5% confidence level.
\nR^2 is 0.065433286 which means 6.5% of Y (Shoppers Stop) is explained by X. And the balance is explained by error.
\nF is 3.080641067 which is more than table value which means model is statistically significant at 5% level.<\/p>\n
CONCLUSION
\n\u03b2 is statistically significant in case of NIFTY and Shoppers Stop. Also, it can be concluded that Reliance Industries ltd is a low beta share. Since it is less than 1.<\/p>\n","protected":false},"excerpt":{"rendered":"
BY-SAJAL MAHESHWARI 80012100781 INTRODUCTION Shoppers Stop is an Indian department store chain, owned by the K Raheja Corp. There are 86 stores across 40 cities in India, with clothing, accessories, handbags, shoes, jewellery, fragrances, cosmetics, health and beauty products, home furnishing, and decor products. The first store was opened in Andheri, Mumbai on 27th Oct… Continue reading RELATIONSHIP OF NIFTY AND SHOPPERS STOP<\/span><\/a><\/p>\n","protected":false},"author":91919,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,9],"tags":[],"class_list":["post-15988","post","type-post","status-publish","format-standard","hentry","category-finance","category-management","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15988","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\/91919"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15988"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15988\/revisions"}],"predecessor-version":[{"id":16173,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15988\/revisions\/16173"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15988"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}