{"id":18433,"date":"2023-08-24T19:55:37","date_gmt":"2023-08-24T14:25:37","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=18433"},"modified":"2023-08-24T19:55:37","modified_gmt":"2023-08-24T14:25:37","slug":"relationship-of-with-tata-communications-limited-nifty-50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=18433","title":{"rendered":"Relationship of with Tata Communications Limited Nifty 50"},"content":{"rendered":"

Title: \u2013 Relationship of with Tata Communications Limited Nifty 50<\/strong><\/p>\n

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Author:<\/strong> \u2013 Tanvi Pandit Waghmare (MMS First Year, Roll no. 0222127)<\/p>\n

Kohinoor Business School, Kurla.<\/p>\n

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Introduction:<\/strong> \u2013 Tata Communications Limited is a global telecommunications and digital infrastructure company that provides a comprehensive range of communication services and solutions to businesses, governments, and individuals around the world. Established as part of the Tata Group, one of India’s largest and oldest conglomerates, Tata Communications has emerged as a key player in the global telecommunications landscape.The company’s origins can be traced back to the late 19th century, with the founding of the Tata Group by visionary entrepreneur Jamsetji Tata. Tata Communications, previously known as VSNL (Videsh Sanchar Nigam Limited), began its journey in the early 1980s by focusing on international telecommunication services, connecting India with the rest of the world.<\/p>\n

Objective:<\/strong> \u2013 To Calculate the Beta of Tata Communications Limited and find out its significance.<\/p>\n

Views and Reviews:<\/strong> \u2013 Mysore Madhusudhan, Executive Vice President<\/strong> said that,<\/p>\n

Connectivity is a key ingredient in today\u2019s fast-paced digital world. An internet that is fast, secure and available at all times is of paramount importance to customers, whether they are individuals or an enterprise.<\/p>\n

We are excited to introduce our newest capability in 5G roaming testing ensuring MNO customers are receiving proven services. By ensuring that the tests can take place across geographies, enhances the flexibility available to MNOs for delivering superior and agile services. Armed with fast and uninterrupted connectivity, this generation will accelerate a lot faster than its predecessors!”<\/p>\n

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Data Collections:<\/strong> \u2013 Data is taken from 01-06-2022 to 31-07-2023. It has been downloaded from the NSE site, then Friday\u2019s closing price was sorted and weekly returns of Nifty (i.e. X) and Tata Communications Limited (i.e. Y) were calculated.<\/p>\n

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Data Analysis:<\/strong> \u2013 Equation \u201cY= 0.1629 + 0.2135 (X)\u201d<\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(tstat = 4.2396)<\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 n = 50, R2 = 0.2724, F = 17.9748<\/p>\n

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The above equation shows the relationship between the closing price of Nifty 50 (x) and the closing price of Tata Communications Limited (y) the positive sign means a positive relationship meaning if \u201cx\u201d rises \u201cy\u201d rises and vice versa. If \u201cx\u201d rises by 1 unit, \u201cy\u201d rises by 0.2135, \u201cn\u201d means there are 50 observations, and figures in brackets are tstat for \u201cb\u201d, so \u201cb\u201d is not as Calculated tstat for b i.e. 4.2396 is higher than tabulated t(t0.5,49DF=2.0096) so reject H0 and accept H1. R2 is 0.2724 means 27.24% of y is explained by x. As the calculated value of F =17.9748 is more than the tabulated F (F 0.05,1DF,49DF) = 4.10, the overall model is statistically significant at the 5% level.<\/p>\n

So overall the model is statistically significant at the 5% level.<\/p>\n

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Conclusion:<\/strong><\/p>\n

If b<1, Tata Communications Limited share is good for long term investment.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

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References:<\/strong><\/p>\n

https:\/\/www.livemint.com\/companies\/tata-communications-launches-5g-roaming-lab-for-mobile-network-operators-11692783908159.html<\/p>\n

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Title: \u2013 Relationship of with Tata Communications Limited Nifty 50 \u00a0 Author: \u2013 Tanvi Pandit Waghmare (MMS First Year, Roll no. 0222127) Kohinoor Business School, Kurla. \u00a0 Introduction: \u2013 Tata Communications Limited is a global telecommunications and digital infrastructure company that provides a comprehensive range of communication services and solutions to businesses, governments, and individuals… Continue reading Relationship of with Tata Communications Limited Nifty 50<\/span><\/a><\/p>\n","protected":false},"author":138912,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-18433","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\/18433","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\/138912"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18433"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18433\/revisions"}],"predecessor-version":[{"id":18434,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18433\/revisions\/18434"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18433"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}