Author: Sravani Samudrala
\nIntroduction:
\nAn Indian manufacturer of blended fabrics and apparel with a network of retail stores and branded showrooms is Siyaram Silk Mills, Ltd., also known as Siyaram’s and SSM. The Kamala Mills complex in Lower Parel, Mumbai, where Siyaram’s was established in 1978 serves as the location of the company’s headquarters.
\nThe Siyaram Poddar Group includes Balkrishna Industries Ltd. and Govind Rubber Ltd., both of which are listed on the Bombay Stock Exchange, in addition to Siyaram Silk Mills Ltd. (SSM). SSM is a small-cap firm with a market capitalization of 936.75 crores. Siyaram’s produces and sells yarns, ready-to-wear for men and women, home furnishings, and fabrics. Siyaram’s is affiliated with over 1 lakh retail establishments and has over 170 brand-name showrooms scattered across the nation.
\nObjective:
\nTo find our relationship between NIFTY 50 and Siyaram Silk Mills Limited Equity.
\nData Collection:
\nThe NIFTY50 and Siyaram Silk Mills Limited equity data were downloaded from the NSE website for a one-year period beginning on January 1, 2022 and ending on December 31, 2022.
\nData Analysis:
\nDemand Y = 0.5524+0.8159X+ e
\n (t- stat= 1.7167)
\nN= 48, R2 = 0.0578, F= 2.9468
\nWhere y = Equity return, x = Nifty return.
\nt- stat of b is shown in the bracket as (1.7167).
\nThe P- value for this is 0.092 which is more than 0.05 meaning \u2018b\u2019 is statistically not significant at the 5% level.
\nN=48
\nR2 = 0.0578 which means 5.78% of Y is explained by X and balanced 94.2% is unexplained i.e., error.
\nF= 2.9468
\nThe p-value for this is 0.092 which is more than 0.05 which means that the overall mode is statistically insignificant at the 5% level.
\nThe above equation tells us about the relationship between Nifty and Equity returns. A positive sign shows direct relationship which means if market goes up share price goes down.
\nConclusion:
\nAs can be seen from the regression equation above, the beta is 0.5524 which is less than 1, indicating that it is not suitable for short-term investment.
\nReport By: Sravani Samudrala \u2013 021230022037- Fintech Batch.<\/p>\n","protected":false},"excerpt":{"rendered":"
Author: Sravani Samudrala Introduction: An Indian manufacturer of blended fabrics and apparel with a network of retail stores and branded showrooms is Siyaram Silk Mills, Ltd., also known as Siyaram’s and SSM. The Kamala Mills complex in Lower Parel, Mumbai, where Siyaram’s was established in 1978 serves as the location of the company’s headquarters. The… Continue reading Title: Relationship between Nifty and Siyaram Silk Mills Ltd.<\/span><\/a><\/p>\n","protected":false},"author":109552,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-16973","post","type-post","status-publish","format-standard","hentry","category-management","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16973","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\/109552"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16973"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16973\/revisions"}],"predecessor-version":[{"id":16981,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16973\/revisions\/16981"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16973"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}