{"id":21477,"date":"2024-10-10T07:09:43","date_gmt":"2024-10-10T01:39:43","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=21477"},"modified":"2024-10-10T07:09:43","modified_gmt":"2024-10-10T01:39:43","slug":"relation-of-aditya-birla-capital-ltd-with-nifty-50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=21477","title":{"rendered":"RELATION of ADITYA BIRLA CAPITAL Ltd. with NIFTY-50"},"content":{"rendered":"

AUTHOR:- <\/b><\/span>AARSH VERMA (021330024006)<\/p>\n

Introduction:-<\/b> <\/b><\/p>\n

Aditya Birla Capital Ltd. is a leading financial services company in India, part of the Aditya Birla Group, one of the largest conglomerates in the country. Established in 2015, the company offers a diverse range of financial solutions, including asset management, insurance, lending, and wealth management.<\/p>\n

With a strong focus on innovation and customer-centric services, Aditya Birla Capital aims to empower individuals and businesses to achieve their financial goals. The company is known for its robust risk management practices and a commitment to sustainable growth. It serves millions of customers across various segments, leveraging technology to enhance its service delivery and operational efficiency.<\/p>\n

Objective:-<\/b> <\/b><\/p>\n

To find out the Beta(\u03b2) of Aditya Birla Capital Ltd. and it\u2019s significance<\/p>\n

Data Collection:- <\/b><\/p>\n

The data was collected by taking the weekly return of National Stock Exchange (NSE), with the Friday closing of Nifty-50 and Aditya Birla Capital Ltd.<\/p>\n

Weekly return of NIFTY-50 was taken as (X) in terms of company (Aditya Birla Capital ltd.) as Y is taken. Y was regressed on X<\/p>\n

DATA ANALYSIS :-<\/b><\/p>\n

Weekly return of the company (-0.49+0.03)= -0.46<\/p>\n

T-stat of the weekly return-> 0.58<\/p>\n

Observation -> 46<\/p>\n

R2 -> 0.007<\/p>\n

F -value -> 0.34<\/p>\n

P -value -> 0.056<\/p>\n

The above equation shows the relationship between Nifty-50 and Aditya Birla capital ltd. is positive sign before the coefficient of Nifty-50 tells us that there is a positive relationship if, nifty rises by 1 unit or the company rises by 0.90 points and vice versa.<\/p>\n

Figure in bracket is t-stat for \u03b2 beta and P – value (ie. 0.056), which is greater than 0.05 (>0.05), stating that model is not statistically significant.<\/p>\n

R2 is 0.007 which means only 7% of weekly return of the company are explained by NIFTY-50<\/p>\n

F-value is 0.34 and P – value for that is 0.056, stating that overall model is statistically significant.<\/p>\n

CONCLUSION:-<\/b><\/p>\n

As the \u03b2 of Aditya Birla Capital ltd. is\u00a0 <\/span>0.58, i.e. less than 1 but positive (+ ve) it would be advisable to invest for longterm purpose only.<\/p>\n","protected":false},"excerpt":{"rendered":"

AUTHOR:- AARSH VERMA (021330024006) Introduction:- Aditya Birla Capital Ltd. is a leading financial services company in India, part of the Aditya Birla Group, one of the largest conglomerates in the country. Established in 2015, the company offers a diverse range of financial solutions, including asset management, insurance, lending, and wealth management. With a strong focus… Continue reading RELATION of ADITYA BIRLA CAPITAL Ltd. with NIFTY-50<\/span><\/a><\/p>\n","protected":false},"author":139460,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-21477","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\/21477","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\/139460"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21477"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21477\/revisions"}],"predecessor-version":[{"id":21478,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21477\/revisions\/21478"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21477"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}