Name of Author- Niraj Rajendra Ghangrekar (021230022767)
\nIntroduction- Nelco Limited is a telecommunications and information technology company based in India. It was founded in 1995 and is a subsidiary of the Tata Group, one of India’s largest conglomerates. Nelco provides a wide range of products and services in the IT and telecom sectors, including satellite communications, broadband and internet services, managed services, and enterprise solutions. The company has a strong presence in both domestic and international markets and has won numerous awards for its innovative solutions and customer service.
\nObjective- To calculate the predicted value (\u03b2) and its significance
\nData collection- The data used for analysis is collected from the www.Investing.com site and after that Nelco Ltd. Equity (y) was regressed on Nifty 50 (x).
\nData Analysis
\nRegression equation, \u03b2=0.145+1.878(x)
\nWhere x represents the Nifty 50.
\nNo. of observations (N)= 50
\nR\u00b2=0.2587, F=17.108
\nt-stat for x=4.136
\nThe above equation tells us the relationship between Nelco Ltd. Equity (y) and Nifty 50 (x). The positive sign means there is a direct relationship between them, which means if Nifty 50 increases, then the equity price of Nelco Ltd. will also increase.
\nIf the Nifty 50 rises by 1 point, then the Equity share price will also increase by 0.508 Rs.
\nT-stat for the Nifty 50 is 4.136 and the p-value is 0.000138 which is less than 0.01 means the data is statistically significant at a 1% confidence level.
\nN=50, there is a total of 50 observations.
\nR\u00b2=0.2587 means 25.87% of y is explained by x while the rest 74.13% is an error.<\/p>\n","protected":false},"excerpt":{"rendered":"
Name of Author- Niraj Rajendra Ghangrekar (021230022767) Introduction- Nelco Limited is a telecommunications and information technology company based in India. It was founded in 1995 and is a subsidiary of the Tata Group, one of India’s largest conglomerates. Nelco provides a wide range of products and services in the IT and telecom sectors, including satellite… Continue reading Relationship between Nifty 50 and Nelco Ltd. Equity price<\/span><\/a><\/p>\n","protected":false},"author":108116,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-16961","post","type-post","status-publish","format-standard","hentry","category-economics","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16961","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\/108116"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16961"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16961\/revisions"}],"predecessor-version":[{"id":16989,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16961\/revisions\/16989"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16961"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}