{"id":21199,"date":"2024-10-10T07:10:00","date_gmt":"2024-10-10T01:40:00","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=21199"},"modified":"2024-10-10T07:10:00","modified_gmt":"2024-10-10T01:40:00","slug":"relationship-of-adani-ports-special-economic-zone-ltd-with-nifty-50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=21199","title":{"rendered":"Relationship of Adani Ports &amp; Special Economic Zone Ltd with Nifty 50"},"content":{"rendered":"<p><u>Title:<\/u>&#8211; \u00a0Relationship of Adani Ports &amp; Special Economic Zone Ltd with Nifty 50<\/p>\n<p><u>\u00a0<\/u><\/p>\n<p><u>Author<\/u>:- Anuj Shelar<\/p>\n<p><u>\u00a0<\/u><\/p>\n<p><u>Introduction:\u00a0 <\/u><\/p>\n<p>Adani\u00a0Ports\u00a0&amp;\u00a0Special\u00a0Economic\u00a0Zone\u00a0Ltd\u00a0(APSEZ)\u00a0is\u00a0a\u00a0leading\u00a0private\u00a0port\u00a0operator\u00a0in\u00a0India,\u00a0part\u00a0of\u00a0the\u00a0Adani\u00a0Group.\u00a0They\u00a0manage\u00a013\u00a0ports\u00a0and\u00a0terminals\u00a0across\u00a0the\u00a0country,\u00a0including\u00a0key\u00a0locations\u00a0like\u00a0Mundra\u00a0and\u00a0Hazira1.\u00a0Recently,\u00a0APSEZ\u00a0reported\u00a0a\u00a0<strong>14%\u00a0growth\u00a0in\u00a0cargo\u00a0volumes<\/strong>\u00a0for\u00a0September\u00a02024,\u00a0driven\u00a0by\u00a0strong\u00a0performance\u00a0in\u00a0container\u00a0handling\u00a0and\u00a0liquid\/gas\u00a0segments.<\/p>\n<p>\u00a0<\/p>\n<p><u>Objective:-<\/u>\u00a0 To Find out Beta of \u00a0Adani Ports &amp; Special Economic Zone Ltd and its significance.<\/p>\n<p>\u00a0<\/p>\n<p><u>Data Collection:-<\/u> NSE and Adani\u00a0Ports\u00a0&amp;\u00a0Special\u00a0Economic\u00a0Zone\u00a0Ltd\u00a0 was downloaded from period \u00a001\/05\/2023 to 30\/04\/2024 from NSE site. We found Friday weekly closing prices of NSE and Adani\u00a0Ports\u00a0&amp;\u00a0Special\u00a0Economic\u00a0Zone\u00a0Ltd. Weekly returns were calculated by the formula (Y<sub>t-1 &#8211; <\/sub>Y<sub>t<\/sub>)\/Yt*100 . Weekly Returns of NIFTY is X\u00a0 and Adani\u00a0Ports\u00a0&amp;\u00a0Special\u00a0Economic\u00a0Zone\u00a0Ltd is Y<\/p>\n<p>Y is regressed on X.<\/p>\n<p>\u00a0<\/p>\n<p><u>Data Analysis:-<\/u> Weekly Return = -0.43 + 1.90 weekly returnsmof nifty 50, N=48, R<sup>2<\/sup>= 0.33, F= 22.69,<\/p>\n<p>P Value=1.93.<\/p>\n<p>The above equation shows the relationship between NIFTY 50 and \u00a0Adani Ports &amp; Special Economic Zone Ltd positive sign before the coefficient of Nifty 50 tells us that there is a positive relationship if nifty rises 1 unit Adani Ports rises by 1.90 and vice versa.<\/p>\n<p>T Stats(4.76) and P value for which is 1.93 which is more than 0.05 meaning, it is statistically significant. N=48 , R<sup>2<\/sup> =0.33 means 30% of Adani Ports return are explained by NIFTY 50.<\/p>\n<p>F=22.69 and P value for that is 1.93 is more than 0.05 meaning overall model is -0.43 + 1.90 model is significant at 5% level.<\/p>\n<p>\u00a0<\/p>\n<p>Conclusion:- 1.909 &gt; 1 and positive (more than 1) means good for short term investments.<\/p>\n<p>\u00a0<\/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<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title:&#8211; \u00a0Relationship of Adani Ports &amp; Special Economic Zone Ltd with Nifty 50 \u00a0 Author:- Anuj Shelar \u00a0 Introduction:\u00a0 Adani\u00a0Ports\u00a0&amp;\u00a0Special\u00a0Economic\u00a0Zone\u00a0Ltd\u00a0(APSEZ)\u00a0is\u00a0a\u00a0leading\u00a0private\u00a0port\u00a0operator\u00a0in\u00a0India,\u00a0part\u00a0of\u00a0the\u00a0Adani\u00a0Group.\u00a0They\u00a0manage\u00a013\u00a0ports\u00a0and\u00a0terminals\u00a0across\u00a0the\u00a0country,\u00a0including\u00a0key\u00a0locations\u00a0like\u00a0Mundra\u00a0and\u00a0Hazira1.\u00a0Recently,\u00a0APSEZ\u00a0reported\u00a0a\u00a014%\u00a0growth\u00a0in\u00a0cargo\u00a0volumes\u00a0for\u00a0September\u00a02024,\u00a0driven\u00a0by\u00a0strong\u00a0performance\u00a0in\u00a0container\u00a0handling\u00a0and\u00a0liquid\/gas\u00a0segments. \u00a0 Objective:-\u00a0 To Find out Beta of \u00a0Adani Ports &amp; Special Economic Zone Ltd and its significance. \u00a0 Data Collection:- NSE and Adani\u00a0Ports\u00a0&amp;\u00a0Special\u00a0Economic\u00a0Zone\u00a0Ltd\u00a0 was downloaded from period \u00a001\/05\/2023 to 30\/04\/2024 from NSE site. We found&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=21199\">Continue reading <span class=\"screen-reader-text\">Relationship of Adani Ports &amp; Special Economic Zone Ltd with Nifty 50<\/span><\/a><\/p>\n","protected":false},"author":139436,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-21199","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\/21199","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\/139436"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21199"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21199\/revisions"}],"predecessor-version":[{"id":21200,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21199\/revisions\/21200"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21199"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}