{"id":22648,"date":"2025-03-24T15:58:16","date_gmt":"2025-03-24T10:28:16","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=22648"},"modified":"2025-03-24T15:58:16","modified_gmt":"2025-03-24T10:28:16","slug":"relationship-of-nifty-with-s-chand-company-limited","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=22648","title":{"rendered":"RELATIONSHIP OF NIFTY WITH S CHAND COMPANY LIMITED"},"content":{"rendered":"

TITLE : RELATIONSHIP OF NIFTY WITH S CHAND COMPANY LIMITED<\/span><\/p>\n

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AUTHOR: SHIVANI INGOLE (DIV=A , ROLL NO. 22)<\/span><\/p>\n

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INTRODUCTION: <\/span>s chand and company limited is leading \u00a0Indian education content company, and they deliver content, solutions and services across the education lifecycle. They \u00a0have a strong foothold in the CBSE\/ICSE affiliated schools, with increasing presence in the state board affiliated schools across India. Their focus is on developing \u00a0quality content and educational innovations, and in recent years \u00a0theyb have increased their \u00a0focus on investing and improving their digital offerings in each of their business segments.<\/span><\/p>\n

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OBJECTIVE: To find out the beta of the S CHAND COMPANY LIMITED and find its significance.<\/span><\/p>\n

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LITERATURE REVIEW:<\/span><\/p>\n

1) \u200bS Chand Publishing concluded FY24 by achieving a net cash position of \u20b9600 million, transitioning from a net debt of \u20b960 million in the previous year, attributed to effective working capital management. The company reported consolidated revenues of \u20b96,626 million, an EBITDA of \u20b91,098 million, and a PAT of \u20b9511 million, marking its highest gross and EBITDA margins in five years.<\/span><\/p>\n

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2) S Chand Publishing’s achievement of a net debt-free status in FY24, coupled with robust financial metrics, is a positive indicator for the company’s financial health. Such developments typically enhance investor confidence, potentially leading to an appreciation in the company’s stock price.<\/span><\/p>\n

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DATA COLLECTION: Data for S.CHAND COMPANY LIMITED downloaded from NSE and manipulated for friday closing point , weekly return of Nifty will be X and weekly return of company \u00a0will be Y<\/span><\/p>\n

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DATA ANALYSIS : \u00a0\u00a0<\/span><\/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\u00a0Regression equation \u00a0Y=(a+Bx) \u00a0\u00a0that is Y= (-0.87+1.03 Nifty50) \u00a0<\/span><\/p>\n

The above equation shows the relationship of \u00a0S CHAND COMPANY LIMITED with Nifty50 where Dependent Variable \u00a0is weekly return \u00a0value of ,S Chand Company Limited share price \u00a0and \u00a0Independent variable is weekly return of the market index of Niftys closing share price.<\/span><\/p>\n

\u00a0The positive coefficient of 1.03 suggests \u00a0that for every unit increase in Nifty 50, the S chand company limiteds share price is expected to increase \u00a0by 0.103.<\/span><\/p>\n

\u00a0With N=47 means there are 47 observations , R square is 0.16 \u00a0indicates that 16% of the variation in the dependent variable in S Chand\u2019s return is explained by the independent variable (market return).<\/span>
<\/span>This suggests a weak explanatory power, meaning other factors influence S Chand\u2019s return.<\/span><\/p>\n

\u00a0p value for slope is 0.15 \u00a0which is \u00a0less than 0.05, meaning the market return significantly influences S Chand\u2019s return. Since Significance F = 0.01 < 0.05, the overall model is <\/span>statistically significant<\/span><\/b>, meaning the independent variable (market return) has a significant impact on the dependent variable (S Chand\u2019s return).<\/span><\/p>\n

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CONCLUSION: \u00a0As Beta is more than 1 this company is good for short term investment.<\/span><\/p>\n\n\n\n
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REFERENCE: <\/span>https:\/\/daijiworld.com\/news\/newsDisplay?newsID=1255128<\/span><\/u><\/a>\u00a0<\/span><\/p>\n

https:\/\/www.nseindia.com\/<\/span><\/u><\/a><\/p>\n

https:\/\/smestreet.in\/infocus\/s-chand-publishing-ends-fy24-as-net-debt-free-4606595<\/span><\/u><\/a><\/p>\n

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TITLE : RELATIONSHIP OF NIFTY WITH S CHAND COMPANY LIMITED \u00a0 AUTHOR: SHIVANI INGOLE (DIV=A , ROLL NO. 22) \u00a0 INTRODUCTION: s chand and company limited is leading \u00a0Indian education content company, and they deliver content, solutions and services across the education lifecycle. They \u00a0have a strong foothold in the CBSE\/ICSE affiliated schools, with increasing… Continue reading RELATIONSHIP OF NIFTY WITH S CHAND COMPANY LIMITED<\/span><\/a><\/p>\n","protected":false},"author":139792,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22648","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22648","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\/139792"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22648"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22648\/revisions"}],"predecessor-version":[{"id":22649,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22648\/revisions\/22649"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22648"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}