{"id":22893,"date":"2025-03-26T00:02:16","date_gmt":"2025-03-25T18:32:16","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=22893"},"modified":"2025-03-26T00:02:16","modified_gmt":"2025-03-25T18:32:16","slug":"relation-of-pidilite-industries-with-nifty50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=22893","title":{"rendered":"Relation of PIDILITE INDUSTRIES with NIFTY50"},"content":{"rendered":"<p>\u00a0<\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">Author: Prajwal Thul<\/span><\/p>\n<p class=\"MsoNormal\"><b><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">Introduction:<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman',serif\">Pidilite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY products and polymer emulsions in India. Most of the products have been developed through strong in-house R&amp;D. Our brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in the country. Some of our other major brands are M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixit, Fevicryl, Motomax, Hobby Ideas, Araldite.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman',serif\">\u00a0<\/span><b><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">Objective:<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><b><\/b><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">To find out the beta of PIDILITE INDUSTRIES and its significance.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\"><strong>Literature review<\/strong>:<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">1.<\/span> <span style=\"font-family: 'Times New Roman',serif\">A Study on Best Marketing Tool for New Product on Pidilite Industries<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman',serif\">The document presents a comprehensive study on a specific topic, examining key concepts, methodologies, and findings. It explores relevant literature to provide context and support its arguments, highlighting trends, challenges, and potential solutions. The study employs a structured approach to analyze data, drawing meaningful conclusions. Overall, it contributes valuable insights to its field, offering implications for both theory and practice. Let me know if you need a more detailed summary.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman',serif\">2. Motilal oswal detail report on PIDILITE INDUSTRIES<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman',serif\">The literature review in this report analyzes Pidilite Industries\u2019 market dominance, strategic growth drivers, and financial performance. It highlights Pidilite\u2019s strong brand presence, particularly in the adhesives segment, where Fevicol enjoys near-monopoly status. The report discusses the impact of crude oil price fluctuations on raw material costs, emphasizing how Pidilite retains pricing power despite market shifts. Additionally, it explores urban demand recovery, the company&#8217;s expansion into construction chemicals, and the role of leadership under Mr. Bharat Puri in driving innovation. The review also touches upon Pidilite\u2019s international business performance and future growth opportunities, including benefits from GST implementation and distribution expansion in tier-II and III cities.<\/span><\/p>\n<p class=\"MsoNormal\"><b><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">Data Collection:<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">PIDILITE INDUSTRIES and NIFTY50 data was download for period 1-1-24 to 31-12-24 and data was manipulated to find out the Friday closing prices were calculated of Nifty50 = X and PIDILITE INDUSTRIES = Y, Y was regression on X.<\/span><\/p>\n<p class=\"MsoNormal\"><b><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">\u00a0<\/span><\/b><b><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">Data Analysis:<br \/><\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">Equation : <\/span><span lang=\"EN-US\" style=\"font-family: 'Times New Roman',serif\">Pidilite industries = 1.00 + 0.07 NIFTY50<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman', serif;font-size: 11pt\"><strong>Interpretation<\/strong>: The regression equation describes the relationship between NIFTY50 (X) and PIDILITE INDUSTRIES share price (Y), indicating that PIDILITE INDUSTRIES &#8216;s share price is the dependent variable, while Nifty50 is the independent variable. The positive coefficient of 1.00 suggests that for every unit increase in Nifty50, the PIDILITE INDUSTRIES share price is expected to increase by 1.00 units. With 48 observations (N = 48), the (R^2) value is 0.970 implying that approximately 97 % of the variation in PIDILITE INDUSTRIES &#8216;s share price can be explained by changes in Nifty50. The F-value for the model is 1479.02 The p-value for the slope is 0.00, which is less than the conventional threshold of 0.05. This indicates that the relationship between Nifty50 and PIDILITE INDUSTRIES &#8216;s share price is statistically significant at the 5% level. Consequently, this model provides evidence to suggest a significant linear relationship between Nifty50 and PIDILITE INDUSTRIES &#8216;s share price.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family: 'Times New Roman',serif\"><strong>Conclusion:<\/strong><\/span><\/p>\n<p><span lang=\"EN-US\" style=\"font-size: 11.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">PIDILITE INDUSTRIES market beta of 1 means the investment\u2019s price tends to move in line with the market.<\/span><\/p>\n<p><strong><span lang=\"EN-US\" style=\"font-size: 11.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Reference:<\/span><\/strong><\/p>\n<p>1.<span lang=\"EN-US\" style=\"text-indent: -18pt;font-family: 'Times New Roman', serif\"><span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0<\/span><\/span><span style=\"text-indent: -18pt;font-family: 'Times New Roman', serif\">Praveen. O, 2Mr. Vignesh B, M. Com, MBA , International Journal of Research Publication and Reviews.<\/span><\/p>\n<p>2.<span lang=\"EN-US\" style=\"text-indent: -18pt;font-family: 'Times New Roman', serif\"><span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0<\/span><\/span><span style=\"text-indent: -18pt;font-family: 'Times New Roman', serif\">Motilal oswal detailed report on pidilite industries 22<sup>nd<\/sup> December, 2015.<\/span><\/p>\n<p class=\"MsoListParagraph\" style=\"text-indent: -18.0pt\">\u00a0<\/p>\n<p class=\"MsoListParagraph\" style=\"text-indent: -18.0pt\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Author: Prajwal Thul Introduction: Pidilite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY products and polymer emulsions in India. Most of the products have been developed through strong in-house R&amp;D. Our brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=22893\">Continue reading <span class=\"screen-reader-text\">Relation of PIDILITE INDUSTRIES with NIFTY50<\/span><\/a><\/p>\n","protected":false},"author":139783,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22893","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\/22893","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\/139783"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22893"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22893\/revisions"}],"predecessor-version":[{"id":22894,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22893\/revisions\/22894"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22893"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}