Student Name – Karan Malhotra<\/p>\n
Batch – F1<\/p>\n
Roll Number – 21230023355<\/p>\n
Intro: KajariaCER is a leading name in the ceramics industry, renowned for its innovative and high-quality tiles. With a legacy spanning over three decades, the company has established itself as a trailblazer in crafting exquisite and durable tiling solutions. Known for its commitment to cutting-edge technology and trendsetting designs, KajariaCER continues to redefine spaces with its extensive range of tiles for homes, offices, and commercial spaces.<\/p>\n
Objective: To calculate Beta and its significance.<\/p>\n
Views and Reviews: Kajaria Ceramics Ltd is primarily engaged in manufacturing and trading of ceramic and vitrified tiles in India. It is the largest manufacturer of ceramic\/ vitrified tiles in India and 8th largest in the world.<\/p>\n
Data collection: Nifty and KajariaCER\u2019s closing price was collected from NSE website. The weekly return of Nifty is termed as \u201cX\u201d and weekly return of KajariaCER is termed as \u201cY.<\/p>\n
Data Analysis:
Equation: Y=0.2443+0.9872x
Interpretation: The above equation shows the relation between Nifty50 and KajariaCER.
Return of KajariCER is dependent variable and return of Nifty50 is independent variable.<\/p>\n
Positive sign means if Nifty50 rises by 1 unit then share price of KaJariaCER will also rise by 0.98 and vice-versa.<\/p>\n
Number of observations are 50.<\/p>\n
27.39 is the t-stat for Y, the p-value for which is 0.00.<\/p>\n
R square is 0.9398 which means 93% of variances in KajariaCER are explained by Nifty.<\/p>\n
F is 750.42, p-value for this is 0.00 which means model is statistically significant at 1% level.<\/p>\n
\u00a0<\/p>\n
Conclusion: Beta is 0.2443 which is less than 1, it means that KajariaCER is good for long-term investment.
Reference:
https:\/\/www.nseindia.com\/<\/p>\n","protected":false},"excerpt":{"rendered":"
Student Name – Karan Malhotra<\/p>\n
Batch – F1<\/p>\n
Roll Number – 21230023355<\/p>\n","protected":false},"author":139064,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-19241","post","type-post","status-publish","format-standard","hentry","category-finance","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19241","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\/139064"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19241"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19241\/revisions"}],"predecessor-version":[{"id":19242,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19241\/revisions\/19242"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19241"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}