Author: – Husaina Petiwala
\n Introduction: – Hindustan Unilever Limited (HUL) is a consumer goods company headquartered in Mumbai, Maharashtra. It is a subsidiary of Unilever, a British company. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods.
\nHUL was established in 1931 as Hindustan Vanaspati Manufacturing Co. and following a merger of constituent groups in 1956, it was renamed Hindustan Lever Limited. The company was renamed in June 2007 as Hindustan Unilever Limited.
\nWith nearly 90 years of heritage in India, Hindustan Unilever Limited (HUL) is India\u2019s largest fast-moving consumer goods company. On any given day, nine out of ten Indian households use one or more of our brands
\nAs of 2019, Hindustan Unilever’s portfolio had 50+ product brands in 14 categories. The Company has about 21,000 employees and has sales of INR 50,000+ crores (financial year 2021-22). <\/p>\n
Objective: – To calculate the Beta and its Significance.<\/p>\n
Data Collection: – The data for Equity of HUL & Nifty has been collected from NSE site for the period from 01st Jan,2022 to 31st Dec 2022.This data was cleaned edited and manipulated to find Friday closing price, The rate of change in the prices was found between each week. Rate of change in Nifty was considered as\u201d X\u201d and equity were considered as \u201cY\u201d.<\/p>\n
Data Analysis: – Equity (Y) = 0.14768+0.692833Nifty(x)
\n N=49, R2 = 0.17605, F=10.04231
\nThe above equation tells us the relationship between nifty and equity of HUL
\nThe positive sign shows direct relationship which means when rate of nifty increases equity of HUL increases and vice-versa. Mean square residual shows the change in y due to x which means if nifty rises by one equity will rise by 12.12994<\/p>\n
t-sat of b is shown in bracket is (3.16896).
\nThe P-value for this is 0.00269 which is less than 0.01 meaning \u2018b\u2019 statistically significant at 1% level. And there are 49 observations<\/p>\n
R2 is 0.17605 which means 17% of Y is explained by X and balanced 83% is due to other reasons i.e., error.
\n F is 10.04231
\nP value for this is 0.00269 which is less than 0.01 which means that overall model is significant statistically .<\/p>\n
Conclusion: – As Beta is more than 1 it is good for investment if nifty rises.
\nReport By: –
\nHusaina Petiwala-021230022529 -OSCM Batch<\/p>\n","protected":false},"excerpt":{"rendered":"
Author: – Husaina Petiwala Introduction: – Hindustan Unilever Limited (HUL) is a consumer goods company headquartered in Mumbai, Maharashtra. It is a subsidiary of Unilever, a British company. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods. HUL was established in 1931 as Hindustan Vanaspati Manufacturing Co.… Continue reading Relationship between the Nifty & Hindustan Unilever equity<\/span><\/a><\/p>\n","protected":false},"author":109556,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-16975","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\/16975","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\/109556"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16975"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16975\/revisions"}],"predecessor-version":[{"id":16980,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16975\/revisions\/16980"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16975"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}