{"id":20532,"date":"2024-03-17T07:58:38","date_gmt":"2024-03-17T02:28:38","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=20532"},"modified":"2024-03-17T07:58:38","modified_gmt":"2024-03-17T02:28:38","slug":"relationship-between-nifty-fifty-and-power-grid-corporation-india-ltd","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=20532","title":{"rendered":"Relationship between nifty fifty and power grid corporation india ltd."},"content":{"rendered":"<p>Relationship between nifty fifty and power grid corporation india ltd.<\/p>\n<p>\u00a0<\/p>\n<p>Author name \u2013 Pratiksha Rathod<\/p>\n<p>\u00a0<\/p>\n<p>Introduction &#8211;\u00a0\u00a0\u00a0 Power Grid Corporation of India Limited is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. It is engaged mainly in transmission of bulk power across different states of India. It is headquartered in Gurugram.<\/p>\n<p>\u00a0Objective \u2013 to calculate the beta and its significance<\/p>\n<p>Literature review &#8211;\u00a0\u00a0 <a href=\"https:\/\/krishisanskriti.org\/vol_image\/07Sep201511094529.pdferat\">https:\/\/krishisanskriti.org\/vol_image\/07Sep201511094529.pdferat<\/a><\/p>\n<p>Financial Management means the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. Financial management is an integral part of overall management. It is concerned with the duties of the financial managers in the business firm. The term financial management has been defined by Solomon, \u201cIt is concerned with the efficient use of an important economic resource namely, capital funds\u201d. Howard and Upton define financial management \u201cas an application of general managerial principles to the area of financial decision-making. Weston and Brigham define financial management \u201cis an area of financial decision-making, harmonizing individual motives and enterprise goals\u201d. Joshep and Massie define financial management \u201cis the operational activity of a business that is responsible for obtaining and effectively utilizing the funds necessary for efficient operations. Thus, Financial Management is mainly concerned with the effective funds management in the business.<\/p>\n<p>Literature review &#8211;\u00a0 <a href=\"https:\/\/www.ijsr.net\/archive\/v3i12\/U1VCMTQ1MTA=.pdf\">https:\/\/www.ijsr.net\/archive\/v3i12\/U1VCMTQ1MTA=.pdf<\/a><\/p>\n<p>Financial Management means the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. Financial management is an integral part of overall management. It is concerned with the duties of the financial managers in the business firm.<\/p>\n<p>\u00a0<\/p>\n<p>data collection : historical data has been download for both nifty and fifty and sbi cards and payment for the period between\u00a0 01\/02\/2023 to 31\/01\/2024 from <a href=\"http:\/\/www.nseindia.com\">www.nseindia.com<\/a> and data has been manipulated to get only Friday cosing prices.<\/p>\n<p>\u00a0<\/p>\n<p>Data analysis :\u00a0 The standard equation is :\u00a0\u00a0 Y = a + b * X<\/p>\n<p>\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\u00a0X = Nifty returns and<\/p>\n<p>\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 Y = SBI Cards and payments<\/p>\n<p>Y was regress on X<\/p>\n<p>There fore the equation becomes,<\/p>\n<p>Y = (0.063252) + (0.131336)<\/p>\n<p>Equity =\u00a0 (0.063252) + (0.131336)<\/p>\n<p>N= 99<\/p>\n<p>R square = 0.009437<\/p>\n<p>F = 0.924094<\/p>\n<p>Above equation shows the prationship between NIFTY 50 and POWER GRID CORPORATION\u00a0 payments. NIFTY 50\u00a0 is independent variable and power grid \u00a0\u00a0and payments is dependent variable.<\/p>\n<p>The positive sign in equation means the direct relationship between nifty 50 and equity of power grid corporation and vice versa.<\/p>\n<p>\u00a0<\/p>\n<p>The no of observation are 99<\/p>\n<p>Conclusion : the beta\u00a0 value is less then 1 which means we can invest for long time.<\/p>\n<p>\u00a0<\/p>\n<p>Reference :<\/p>\n<ol>\n<li>DR. PARAMJIT S. JASWAL &amp; DR. NISHTHA JASWAL, ENVIRONMENTAL LAW,<\/li>\n<\/ol>\n<p>ENVIRONMENT PROTECTION, SUSTAINABLE DEVELOPMENT AND THE LAW.<\/p>\n<ol start=\"2\">\n<li>Baker, H. Kent and Gary Powell, (2005), Understanding<\/li>\n<\/ol>\n<p>Financial Management: A Practical Guide<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relationship between nifty fifty and power grid corporation india ltd. \u00a0 Author name \u2013 Pratiksha Rathod \u00a0 Introduction &#8211;\u00a0\u00a0\u00a0 Power Grid Corporation of India Limited is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. It is engaged mainly in transmission of bulk power across different states&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=20532\">Continue reading <span class=\"screen-reader-text\">Relationship between nifty fifty and power grid corporation india ltd.<\/span><\/a><\/p>\n","protected":false},"author":139242,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-20532","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\/20532","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\/139242"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20532"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/20532\/revisions"}],"predecessor-version":[{"id":20533,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/20532\/revisions\/20533"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20532"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}