{"id":21209,"date":"2024-10-10T07:12:57","date_gmt":"2024-10-10T01:42:57","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=21209"},"modified":"2024-10-10T07:12:57","modified_gmt":"2024-10-10T01:42:57","slug":"title-relationship-of-ncc-with-nifty-50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=21209","title":{"rendered":"Title \u2013 Relationship of NCC with nifty 50"},"content":{"rendered":"

Author \u2013 Nisarg Maroo<\/p>\n

\u00a0<\/p>\n

Introduction<\/p>\n

NCC has ventured into diverse sectors of construction and infrastructural development. Spanning across the nation, our construction activities are covered under buildings, transportation, water & environment, electrical (T&D), irrigation, mining and railways sectors.<\/p>\n\n\n\n\n\n\n\n\n\n
\n

Metric Value<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Revenue: <\/strong>\u20b9 36,945.26 crore<\/p>\n<\/td>\n<\/tr>\n

\n

Profit: <\/strong>\u20b9 2,472.84 crore<\/p>\n<\/td>\n<\/tr>\n

\n

EPS: <\/strong>\u20b9 37.61<\/p>\n<\/td>\n<\/tr>\n

\n

Dividend: <\/strong>\u20b9 2.00 per share<\/p>\n<\/td>\n<\/tr>\n

\n

PE Ratio: <\/strong>25.55<\/p>\n<\/td>\n<\/tr>\n

\n

PB Ratio: <\/strong>2.40<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

Objectives<\/p>\n

To find out Beta of NCC and its significance<\/p>\n

\u00a0<\/p>\n

Data collection<\/p>\n

Data for Nifty 50 and NCC Ltd was downloaded from NSEIndia.in for Current year i.e. 1-4-23 to 31-3-24<\/p>\n

Data was manipulated to get Friday closing prices and weekly returns were calculated by formula (Yt-1 \u2013 Yt)\/Yt *100<\/p>\n

Weekly return of NCC ltd was regressed on weekly return of Nifty 50<\/p>\n

\u00a0<\/p>\n

Data analysis<\/p>\n

Weekly return of NCC ltd = -1.15 + 0.62<\/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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.08 (T- Stat Weekly return of Nifty 50)<\/p>\n

N=46, R Square= .025, F= 1.16, P-Value=0.29<\/p>\n

The above Equation shows the relationship between Nifty 50 and NCC ltd,<\/p>\n

The positive sign means if Nifty 50 rises, NCC ltd will also rise and vice-versa. The co-efficient of Nifty 50 has the T-Stat = 1.08 and P-value= 0.28, it is more than 0.05 this means Nifty 50 is not statistic7ally significant to increase prices of NCC ltd.<\/p>\n

R-Square= 0.025, meaning .025% of NCC ltd share prices are explained by Nifty 50, 99.95% depends upon other factors like fundamentals.<\/p>\n

F= 1.16 and P-value= 0.28 meaning it is more than 0.05 meaning overall model is not statistically significant.<\/p>\n

\u00a0<\/p>\n

Conclusion<\/p>\n

Weekly co-efficient= 0.62 less than 1 but positive, it means it is good for long term investment.<\/p>\n","protected":false},"excerpt":{"rendered":"

Author \u2013 Nisarg Maroo \u00a0 Introduction NCC has ventured into diverse sectors of construction and infrastructural development. Spanning across the nation, our construction activities are covered under buildings, transportation, water & environment, electrical (T&D), irrigation, mining and railways sectors. Metric Value Revenue: \u20b9 36,945.26 crore Profit: \u20b9 2,472.84 crore EPS: \u20b9 37.61 Dividend: \u20b9 2.00… Continue reading Title \u2013 Relationship of NCC with nifty 50<\/span><\/a><\/p>\n","protected":false},"author":139518,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-21209","post","type-post","status-publish","format-standard","hentry","category-investing","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21209","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\/139518"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21209"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21209\/revisions"}],"predecessor-version":[{"id":21210,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21209\/revisions\/21210"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21209"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}