Author: Jatin kumar<\/p>\n
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Introduction: Jubilant FoodWorks Limited is the master franchise holder for Domino’s Pizza in India, Nepal, Sri Lanka, and Bangladesh. Founded in 1995, it’s a major player in the Indian food service industry, renowned for quality and innovation. With a vast network of stores, it offers a diverse menu including pizzas, sides, and beverages. Jubilant FoodWorks has successfully adapted to the evolving tastes of consumers across South Asia.<\/p>\n
Objective: The objective is to determine the value of \u00df (Beta) which is the coefficient of variable X, which denotes the relationship between dependent variable (Jubilant FoodWorks Limited I) and independent variable (Nifty 50).<\/p>\n
\u00a0<\/p>\n
Views and reviews:<\/p>\n
Jubilant FoodWorks, India’s largest foodservice company (\u20b91392.50\/share, \u20b961422.24 Cr market cap) operating Domino’s, Dunkin’, Popeyes, and homegrown brands, reported a profit of \u20b9515.8 Cr (FY23). While it boasts a strong brand portfolio, extensive network, and tech-driven operations, its dependence on a few major brands, competitive landscape, and potential for food safety issues remain concerns.<\/p>\n
\u00a0Opportunities lie in new market\/segment expansion, the growing online food delivery market, and menu innovation. However, rising food costs, fierce competition, and changing consumer preferences pose threats. Overall, Jubilant FoodWorks is a well-established player, but navigating a changing foodservice landscape is crucial for sustained success. Data collection: There are two parts in the data collection:<\/p>\n
\u00a0<\/p>\n
Collecting the historical data of Nifty50 from the website of NSE India from 01\/02\/2023 to 31\/01\/2024. After collection of the entire data of the given period only the data of Friday\u2019s are taken by sorting the whole data. According to the closing data of Nifty 50 of the period, return values are collected using the formula of return.<\/p>\n
Collecting the historical data of equity (Jubilant FoodWorks Limited) from the website of NSE India from 01\/02\/2023 to 31\/01\/2024. After collection of the entire data of the given period only the data of Friday\u2019s are taken by sorting the whole data. According to the closing data of Nifty 50 of the period, return values are collected using the formula of return.<\/p>\n
\u00a0<\/p>\n
Data analysis:<\/p>\n
Correlation = -0.099<\/p>\n
\u00a0<\/p>\n
Nifty 50 (X) = Independent Variable<\/p>\n
Jubilant FoodWorks Limited \u00a0(Y) = Dependent Variable<\/p>\n
Jubilant FoodWorks Limited \u00a0= -0.301 – 0.2200 (Nifty 50)<\/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\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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0= -0.521981722<\/p>\n
N= 48, Square of R = 0.0098, F = 0.456, P value = 0.502<\/p>\n
The above equation shows us the relationship between Nifty 50 and JUBILANT FOODWORKS LIMITED . JUBILANT FOODWORKS LIMITED \u00a0is the dependent variable and Nifty 50 is the independent variable. The positive sign shows there is a negative relation between them and that if Nifty 50 rises JUBILANT FOODWORKS LIMITED \u00a0also rises and vice versa.<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
Conclusion: Beta is -0.09917 is less than 1, which means JUBILANT FOODWORKS LIMITED \u00a0\u00a0is good for long term investment.<\/p>\n
\u00a0<\/p>\n
References:<\/p>\n
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Jain, S. (2023). JUBILANT FOODWORKS LIMITED \u00a0asset quality has improved, loan growth in double digits: Saurabh Jain. The Economic Times2<\/p>\n
National Stock Exchange of India. (n.d.). Reports & Indices \u2013 Historical Index Data. Retrieved December 25, 2023, from https:\/\/www.nseindia.com\/reports-indices-historical-index-data 3<\/p>\n
National Stock Exchange of India. (n.d.). JUBILANT FOODWORKS LIMITED N. Retrieved December 25, 2023, from https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=JUBILANT FOODWORKS LIMITED N 4<\/p>\n","protected":false},"excerpt":{"rendered":"
Author: Jatin kumar \u00a0 Introduction: Jubilant FoodWorks Limited is the master franchise holder for Domino’s Pizza in India, Nepal, Sri Lanka, and Bangladesh. Founded in 1995, it’s a major player in the Indian food service industry, renowned for quality and innovation. With a vast network of stores, it offers a diverse menu including pizzas, sides,… Continue reading Relationship of Jubilant FoodWorks with Nifty50<\/span><\/a><\/p>\n","protected":false},"author":139408,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20483","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/20483","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\/139408"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20483"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/20483\/revisions"}],"predecessor-version":[{"id":20484,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/20483\/revisions\/20484"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20483"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}