{"id":21389,"date":"2024-10-10T07:09:43","date_gmt":"2024-10-10T01:39:43","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=21389"},"modified":"2024-10-10T07:09:43","modified_gmt":"2024-10-10T01:39:43","slug":"dabur-limited-with-nifty50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=21389","title":{"rendered":"DABUR LIMITED WITH NIFTY50"},"content":{"rendered":"<p><strong><em><u>AUTHOR<\/u><\/em><\/strong><strong>: DHEERAJ KUMAR (021330224008)<\/strong><\/p>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>INTRODUCTION<\/u><\/strong>: \u00a0DABUR LIMITED<\/p>\n<p>Founded in 1884, it\u00a0is an Indian multinational consumer company headquartered in Ghaziabad, Utter Pradesh, India. The company is the dominant and leading Ayurvedic and natural company in India. Dabur also manufactures products across verticals such as Dabur red paste and Dabur honey, food, and fabric care. Specialty industrial products like personal care, Skin care, Hair care, Oral hygiene, and Health supplements.<\/p>\n<p>As per the market data, \u2018Dabur Ltd.&#8217;s stock trades on the NSE and BSE, with share prices fluctuating around \u20b9571-\u20b9564, reflecting its steady performance in the Ayurvedic industry.<\/p>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Object:<\/u><\/strong> To find out the beta (\u03b2) of Dabur Limited 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 Dabur Limited for 1 year from 1<sup>st<\/sup> May 2023 to 1<sup>st<\/sup> April 2024 with the help of the\u00a0NSE site. Friday&#8217;s closing price and weekly return were calculated by formula.<\/p>\n<p>The weekly return of Nifty was taken as (X) in terms of company (Dabur Limited) 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)= Dabur Limited + NIFTY 50 (weekly return of nifty)<\/p>\n<p>Relationship of Nifty 50 and Dabur Limited = 0.078 + (-0.484) (0.98) {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 = 48, = 0.017, F = 0.7921, P(VALUE)= 0.014<\/p>\n<p>The above equation shows the relationship between Nifty 50 and Dabur Limited, the\u00a0positive sign before the co-efficient of Nifty 50, Tells us that there is a positive relationship if the\u00a0nifty rises by 1 unit, the\u00a0company will rise by 0.078<\/p>\n<p>And vice versa as the co-efficient of t stats as (0.98) for beta. The p-value for which is 0.014 which is more than 0.05 meaning beta is not statistically significant.<\/p>\n<p>N=48, =0.017 which means 3.7% of Dabur returns are explained by Nifty 50. Other (96.3%) are variables explained not in the model.<\/p>\n<p>f= 0.79 and the value for that variable is 0.37,\u00a0it is more than 0.050 meaning the\u00a0overall model is statistically significant at a\u00a05% level.<\/p>\n<p>\u00a0<\/p>\n<p><strong><u>Conclusion<\/u><\/strong>: As per the given data of the RELATIONSHIP OF Dabur LTD WITH NIFTY50. We know that: &#8211; a beta value &lt;1, means the company (Dabur Limited.) is good for long investment. Showing investment interest is beneficial.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUTHOR: DHEERAJ KUMAR (021330224008) \u00a0 INTRODUCTION: \u00a0DABUR LIMITED Founded in 1884, it\u00a0is an Indian multinational consumer company headquartered in Ghaziabad, Utter Pradesh, India. The company is the dominant and leading Ayurvedic and natural company in India. Dabur also manufactures products across verticals such as Dabur red paste and Dabur honey, food, and fabric care. Specialty&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=21389\">Continue reading <span class=\"screen-reader-text\">DABUR LIMITED WITH NIFTY50<\/span><\/a><\/p>\n","protected":false},"author":139425,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-21389","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\/21389","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\/139425"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21389"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21389\/revisions"}],"predecessor-version":[{"id":21390,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21389\/revisions\/21390"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21389"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}