{"id":19074,"date":"2023-11-29T16:51:52","date_gmt":"2023-11-29T11:21:52","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=19074"},"modified":"2023-11-29T16:51:52","modified_gmt":"2023-11-29T11:21:52","slug":"relationship-of-adani-power-ltd-with-nifty-fifty-and-to-calculate-beta","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=19074","title":{"rendered":"RELATIONSHIP OF ADANI POWER LTD WITH NIFTY FIFTY AND TO CALCULATE BETA"},"content":{"rendered":"<p><strong>TITLE<\/strong> : RELATIONSHIP OF ADANI POWER LTD. WITH NIFTY FIFTY AND TO CALCULATE BETA<\/p>\n<p>AUTHOR : ANJALI SINGH<\/p>\n<p>INDRODUCTION : Adani\u00a0Power Limited is a holding company. The Company is a thermal power producer in India with a power generation capacity of approximately 12,450 megawatts (MW) comprising 12,410 MW of thermal power plants and a 40 MW solar power project. Adani Power Limited (APL) is\u00a0a private thermal power producer in India.\u00a0It is the largest private thermal power producer in India.\u00a0APL is a subsidiary of the Adani Group and is based in Khodiyar in Ahmedabad, India. The Company was incorporated as Adani Power Limited on August 22, 1996 and received a certificate of commencement of business on September 4, 1996. The Company became a private limited company on June 3, 2002 and the name of the Company was subsequently changed to Adani Power Private Limited. The RoC issued a fresh certificate of incorporation on June 3, 2002.The company is promoted by Gautam S. Adani, Rajesh S. Adani and Adani Enterprises Limited .The company was, thereafter, converted into a public limited company on April 12, 2007 and the name of the company was changed to Adani Power Limited. Upon ceasing to be a private limited company, the word private was deleted through a special resolution at the EGM of the company held on March 28, 2007. The fresh certificate of incorporation consequent to the change of name was granted by the Ro C to\u00a0the Company on April 12, 2007.<\/p>\n<p>OBJECTIVE: TO CALCULATE BETA OF ADANI POWER\u00a0 LTD AND SEE ITS SIGNIFICANCE.<\/p>\n<p>LITERATURE REVIEWS :<\/p>\n<p>\u00a0ADANI POWER LTD<\/p>\n<p>1)Adani Power&#8217;s key activities include:<\/p>\n<ul>\n<li>Power generation: The company focuses on efficient and reliable power generation using a mix of thermal and renewable energy sources.<\/li>\n<li>Operations and maintenance: Adani Power ensures the smooth functioning of its power plants through regular maintenance and operational activities.<\/li>\n<li>Customer relationship management: The company maintains strong relationships with its customers, addressing their needs and providing timely support.<\/li>\n<\/ul>\n<p>2) Adani Power&#8217;s business model contribute to its overall success in the following ways:<\/p>\n<ul>\n<li>Value proposition: By providing reliable and affordable power, Adani Power attracts and retains customers, leading to a strong market position.<\/li>\n<li>Target market: Focusing on industrial and commercial customers allows Adani Power to tap into a lucrative market segment with high energy demands.<\/li>\n<li>Revenue stream: Long-term PPAs provide a stable revenue stream, while surplus power sales and trading activities offer additional income sources.<\/li>\n<li>Key resources: Owning power plants and a robust infrastructure enables Adani Power to meet customer demands and expand its operations.<\/li>\n<li>Key activities: Efficient power generation, operations, and customer relationship management ensure smooth operations and customer satisfaction.<\/li>\n<\/ul>\n<p>DATA COLLECTION :<\/p>\n<p>THE DATA FOR NIFTY AND EQUITY OF ADANI POWER LTD .HAS BEEN COLLECTED FROM YAHOO FINANCE\u00a0 FROM 1<sup>ST<\/sup> NOVEMBER,2022 TP 31<sup>ST<\/sup> OCTOBER2023.DATA\u00a0 WAS MANUPILATED TP CALCULATE THE FRIDAY CLOSING PRICE.<\/p>\n<p>DATA ANALYSIS<\/p>\n<p>\u00a0Adani power Ltd Share= 3.88+0.70<\/p>\n<p>n= 48, R square= 0.1719, F = 9.7568<\/p>\n<p>Above equation shows the relationship of the company \u2018Adani power Limited\u2019 with \u2018Nifty.\u2019 t stat for b is 3.123, p value is 0.00305, which is less than 0.05 so, b is not equal to 0. Meaning Nifty does impact \u2018Adani power Limited\u2019.<\/p>\n<p>R^2 = 0.1719 Meaning 17% of \u2018Adani power limited\u2019 share is explained by Nifty and 83% depends upon other things like fundamentals.<\/p>\n<p>F = 9.7568 And p = 0.00305\u00a0 which is less than 0.05, hence, the model is statistically significant at the 5% significance level, further Nifty does affect the share significantly.<\/p>\n<p>CONCLUSION :<\/p>\n<p>The results indicate that (Beta) i.e. b = 1.893 which is more than 1; so it has an highly correlated relationship with the market.<\/p>\n<p>REFRENCES :<\/p>\n<p><a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=ADANIPOWER\">https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=ADANIPOWER<\/a><\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/india\/stockpricequote\/power-generationdistribution\/adanipower\/AP11\">https:\/\/www.moneycontrol.com\/india\/stockpricequote\/power-generationdistribution\/adanipower\/AP11<\/a><\/p>\n<p><a href=\"https:\/\/www.adanipower.com\/-\/media\/Project\/Power\/Investors\/Investors-Downloads\/Annual-Reports\/Adani-Power-Limited-AR-2019-20.pdf\">https:\/\/www.adanipower.com\/-\/media\/Project\/Power\/Investors\/Investors-Downloads\/Annual-Reports\/Adani-Power-Limited-AR-2019-20.pdf<\/a><\/p>\n<p>https:\/\/adityatrading.in\/posts\/adani-power-limited-research-report\/<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani Power plants enjoy the advantages of easy access to fuel and market connectivity. The company enjoys long-term fuel supply agreements with domestic coal companies, which cover 73 percent of its demand. The company is financially and fundamentally robust to safeguard its future revenue.<\/p>\n","protected":false},"author":138956,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[848],"class_list":["post-19074","post","type-post","status-publish","format-standard","hentry","category-human-resource-management","tag-jdbims-mba","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19074","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\/138956"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19074"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19074\/revisions"}],"predecessor-version":[{"id":19075,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19074\/revisions\/19075"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19074"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}