TITLE: Relationship of Nifty 50 with Cipla Limited.<\/p>\n
AUTHOR: Carol Khandagale<\/p>\n
INTRODUCTION: Cipla, established in 1935, is a global pharmaceutical company known for its focus on agile growth, complex generics, and a diverse portfolio in markets like India, South Africa, North America, and other key regions. Over its 86-year history, Cipla has emphasized its commitment to ‘Caring for Life’ and has been recognized for its humanitarian approach to healthcare. The company has a significant presence in the pharmaceutical industry, with a wide range of products across various therapeutic categories.<\/p>\n
OBJECTIVE: To find out Beta of Cipla Limited and its Significance.<\/p>\n
DATA COLLECTION: Data for Nifty 50 and Cipla Limited has been downloaded from NSEindia.com for the period 1-2-23 to 31-2-24. Weekly closing prices were found out. Weekly returns were calculated. Weekly returns of Cipla were regressed on weekly returns of Nifty.<\/p>\n
DATA ANALYSIS: Format of Regression equation is Y = a + B(X)<\/p>\n
Equation of regression of weekly returns of Cipla Limited on weekly returns of Nifty 50.<\/p>\n
Index + weekly returns of Cipla Limited = -0.569+ 0.1739 NIFTY 50 weekly returns of Nifty 50 Index.<\/p>\n
Where,<\/p>\n
Number of Observations = 48,<\/p>\n
R Square = 0.0066,<\/p>\n
F = 0.3101,<\/p>\n
P-value = 0.5802<\/p>\n
T-stats for b = 0.5569<\/p>\n
Interpretation:<\/p>\n
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CONCLUSION: As Beta 0.55691 is less than 1, Cipla Limited Company is good to invest for Long Term.<\/p>\n
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TITLE: Relationship of Nifty 50 with Cipla Limited. AUTHOR: Carol Khandagale INTRODUCTION: Cipla, established in 1935, is a global pharmaceutical company known for its focus on agile growth, complex generics, and a diverse portfolio in markets like India, South Africa, North America, and other key regions. Over its 86-year history, Cipla has emphasized its commitment… Continue reading Relationship of Nifty 50 with Cipla Limited.<\/span><\/a><\/p>\n","protected":false},"author":139300,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1775],"class_list":["post-20904","post","type-post","status-publish","format-standard","hentry","category-management","tag-kbs","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/20904","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\/139300"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20904"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/20904\/revisions"}],"predecessor-version":[{"id":20905,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/20904\/revisions\/20905"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20904"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}