Author<\/u> -> Joydip Mondal<\/u> (Batch F1)<\/u><\/p>\n
Roll No<\/u> -> 21230023286<\/u><\/p>\n
\u00a0<\/u><\/p>\n
Company Name<\/u> : Jindal Steel and Power Limited<\/u><\/p>\n
\u00a0<\/u><\/p>\n
Introduction:<\/u><\/p>\n
Jindal Steel and Power Limited (JSPL) was established in 1990.\u00a0The JSPL Foundation, the social arm of JSPL, was registered in\u00a0July 2014\u00a0under the Societies Registration Act of 1860.Jindal\u00a0Steel and Power Limited (JSPL) is\u00a0an Indian steel company based in New Delhi. It was founded by Mr. Om Prakash Jindal. JSPL is a part of OP Jindal Group. Raigarh Pathalgaon Expressway Ltd. In terms of tonnage, it is the third largest private steel producer in India and only private player in India to produce rails.<\/p>\n
Object: <\/u><\/p>\n
In the regression analysis we performed to investigate the relationship between equities and the Nifty50, coefficient ‘B’ performs a crucial role. With each successive modification of one unit in the Nifty50, it captures the exact numerical impact on equity and offers a deep understanding of the dynamic interrelationship between these variables.<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
Reviews:<\/u><\/p>\n \u00a0 Jindal Steel & Power\u00a0has TTM P\/E ratio\u00a017.48\u00a0as compared to the sector P\/E of\u00a014.52.There are\u00a023\u00a0analysts who have initiated coverage on\u00a0Jindal Steel & Power. There are\u00a012\u00a0analysts who have given it a strong buy rating &\u00a04\u00a0analysts have given it a buy rating.\u00a04\u00a0analysts have given the stock a sell rating.<\/p>\n The company posted a net profit of\u00a01,387.82\u00a0Crores in its last quarter.<\/p>\n Listed peers of\u00a0Jindal Steel & Power\u00a0include\u00a0JSW Steel<\/a>\u00a0(0.29%),\u00a0Tata Steel<\/a>\u00a0(1.00%),\u00a0Jindal Steel & Power\u00a0(1.11%) etc.<\/p>\n Jindal Steel & Power\u00a0has a\u00a061.20% promoter holding\u00a0&\u00a037.33% public holding. The Mutual Fund holding in\u00a0Jindal Steel & Power\u00a0was at\u00a02.90% in\u00a030 Sep 2023. The MF holding has\u00a0increased\u00a0from the last quarter.\u00a0The FII holding in\u00a0Jindal Steel & Power\u00a0was at\u00a012.23% in\u00a030 Sep 2023. The FII holding has\u00a0decreased\u00a0from the last quarter.<\/p>\n Link: https:\/\/www.livemint.com\/market\/market-stats\/stocks-jindal-steel-power-share-price-nse-bse-s0003069<\/a><\/p>\n \u00a0<\/p>\n Link: https:\/\/www.moneycontrol.com\/news\/business\/stocks\/buy-jindal-steel-and-power-target-of-rs-790-motilal-oswal-11451271.html<\/a><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Data Collection :<\/u><\/p>\n There are two different data that we are collected and then we start our analysis-<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Equation:<\/u><\/p>\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0Y = A + B * X<\/strong><\/p>\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Y = (-0.6190) + 0.8664 * X<\/strong><\/p>\n \u00a0<\/strong><\/p>\n Interpretation:<\/u><\/p>\n The above equation, shows us the relationship between Nifty50 and Equity. Here Nifty50 is the independent variable and the Equity is the dependent variable. Here we get the value of A is negative that means when Nifty50 increase the equity is decrease and when Nifty50 decrease the Equity is increase. If the Nifty50 increase by 1 unit the Equity decrease by 0.8664 paisa. The t-Stat for B(The co-efficient of Nifty50) is 2.0768 and the P value is 0.0433, which means Equity is statically significant for Nifty50 at 1% significant level. And we also conclude that our Significance f value is lesser that 0.05 standard value, which means we consider the alternate hypothesis. That means the two variable that we take are very much depend on each other.<\/p>\n Here the no of observation is 49 and the value of R2 is 0.0841 which means if 1% of independent variable Nifty50 change happen then 8.41% of change is happen on the dependent variable Equity.<\/p>\n Here the standard error is 41% . This is happen due to the variable which are not in the model.<\/p>\n Here F value is the 4.313194 and the P value is 0.0433 which means overall model is statistically significant at 1% significant level.<\/p>\n \u00a0<\/p>\n Conclusion :<\/u><\/p>\n After doing all the analysis we conclude that our B value is 0.8664 which is less than 1 and it\u2019s a good sign for doing long term investment.<\/p>\n","protected":false},"excerpt":{"rendered":" Author -> Joydip Mondal (Batch F1) Roll No -> 21230023286 \u00a0 Company Name : Jindal Steel and Power Limited \u00a0 Introduction: Jindal Steel and Power Limited (JSPL) was established in 1990.\u00a0The JSPL Foundation, the social arm of JSPL, was registered in\u00a0July 2014\u00a0under the Societies Registration Act of 1860.Jindal\u00a0Steel and Power Limited (JSPL) is\u00a0an Indian steel… Continue reading Relationship Between Nifty50 and Equity(JINDALSTEL)<\/span><\/a><\/p>\n","protected":false},"author":139068,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-19261","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\/19261","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\/139068"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19261"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19261\/revisions"}],"predecessor-version":[{"id":19262,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19261\/revisions\/19262"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19261"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\n
\n
\n