{"id":21195,"date":"2024-10-10T07:10:22","date_gmt":"2024-10-10T01:40:22","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=21195"},"modified":"2024-10-10T07:10:22","modified_gmt":"2024-10-10T01:40:22","slug":"relationship-of-hindustan-unilever-ltd-with-nifty50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=21195","title":{"rendered":"RELATIONSHIP OF HINDUSTAN UNILEVER LTD.WITH NIFTY50"},"content":{"rendered":"<p>TITLE: RELATIONSHIP OF HINDUSTAN UNILEVER LTD.WITH NIFTY50<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong><em><u>AUTHOR<\/u><\/em><\/strong><strong>: Harshita Bhadra (<\/strong><strong>021330024214<\/strong><strong>)<\/strong><\/p>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>INTRODUCTION<\/u><\/strong>: \u00a0Hindustan Unilever<\/p>\n<ul>\n<li>Hindustan\u00a0Unilever\u00a0Limited\u00a0(HUL)\u00a0is\u00a0one\u00a0of\u00a0India&#8217;s\u00a0largest\u00a0fast-moving consumer goods (FMCG) Companies<\/li>\n<li>Founded: 1933 as Lever Brothers India Limited<\/li>\n<li>CEO: Rohit Jawa<\/li>\n<li>Its stock closed at rs2,848.75 with a weekly decline of 3.96%.<\/li>\n<li>Revenue: Rs 96,707 crore<\/li>\n<li>Net profit: Rs 8,345 crore<\/li>\n<li>EPS: Rs 43.98<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Object:<\/u><\/strong> To find out the beta (\u03b2) of HUL and its significance.<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Data Collection:<\/u><\/strong> The data was collected by taking the weekly return of NSE (National Stock Exchange) , NIFTY50 and HUL of dated time period of 1 year from 1<sup>st<\/sup>\u00a0 May 2023 to 30<sup>th<\/sup> April 2024 with the help of the\u00a0NSE \u00a0site. Friday&#8217;s closing price and weekly return were calculated by formula.<\/p>\n<p>(YT+1-YT)\/YT *100.<\/p>\n<p>The weekly return of Nifty was taken as (X) in terms of company (HUL) as Y is taken. Y was regressed on X.<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Data analysis:<\/u><\/strong> Regression equation; Y (Intercept)= HUL + NIFTY 50 (weekly return of nifty)<\/p>\n<p>Relationship of Nifty 50 and HUL\u00a0 \u00a0= \u00a00.27 + (-0.02)<\/p>\n<p>(-0.07){t-stat})<\/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 N = 49, = 0.000096, F = 0.004, P(VALUE)= 0.38<\/p>\n<p>The above equation shows the relationship between Nifty 50 and HUL, the\u00a0negative sign before the co-efficient of Nifty 50, Tells us that there is a negative relationship if the\u00a0nifty rises by 1unit, company will fall by 0.27<\/p>\n<p>And vice versa as the co-efficient of t stats as (-0.07) for beta. The p-value for which is 0.39which is more than 0.05 meaning beta is not statistically significant.<\/p>\n<p>N=49, = 0.000096 which means 0.0096% of HUL returns are explained by Nifty 50. Other (99.99%) are variables explained not in the\u00a0model.<\/p>\n<p>f= \u00a00.004 and the value for that variable is 0.94,\u00a0which is more than 0.050 meaning the\u00a0overall model is \u00a0not statistically significant at a\u00a05% level.<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Conclusion<\/u><\/strong>: As per the given data of RELATIONSHIP OF HINDUSTAN UNILEVER LTD WITH NIFTY50. We know that:-\u00a0 beta value \u00a0i.e (-0.02) is \u00a0negative, means the company (Hindustan Unilever Ltd.) is not good for investment. Showing interest in investment is not beneficial.V<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TITLE: RELATIONSHIP OF HINDUSTAN UNILEVER LTD.WITH NIFTY50 \u00a0 AUTHOR: Harshita Bhadra (021330024214) \u00a0 INTRODUCTION: \u00a0Hindustan Unilever Hindustan\u00a0Unilever\u00a0Limited\u00a0(HUL)\u00a0is\u00a0one\u00a0of\u00a0India&#8217;s\u00a0largest\u00a0fast-moving consumer goods (FMCG) Companies Founded: 1933 as Lever Brothers India Limited CEO: Rohit Jawa Its stock closed at rs2,848.75 with a weekly decline of 3.96%. Revenue: Rs 96,707 crore Net profit: Rs 8,345 crore EPS: Rs 43.98 \u00a0&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=21195\">Continue reading <span class=\"screen-reader-text\">RELATIONSHIP OF HINDUSTAN UNILEVER LTD.WITH NIFTY50<\/span><\/a><\/p>\n","protected":false},"author":139510,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-21195","post","type-post","status-publish","format-standard","hentry","category-management","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21195","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\/139510"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21195"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21195\/revisions"}],"predecessor-version":[{"id":21196,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21195\/revisions\/21196"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21195"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}