{"id":23047,"date":"2025-12-19T16:18:22","date_gmt":"2025-12-19T10:48:22","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=23047"},"modified":"2025-12-19T16:18:22","modified_gmt":"2025-12-19T10:48:22","slug":"relationship-of-nifty-with-redington-ltd-ltd","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=23047","title":{"rendered":"Relationship of Nifty with Redington Ltd Ltd."},"content":{"rendered":"<p class=\"MsoListParagraphCxSpFirst\" style=\"margin-left: 21.3pt;text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">1.<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">INTRODUCTION<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">Operating in India, the Middle East, Africa, and other emerging areas, Redington Limited is a top provider of supply chain solutions and technology distribution.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">Through a vast network of channel partners, the company specializes in the end-to-end distribution of IT, mobile, and technology solutions.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">Redington specializes in high-volume logistics operations, demand forecasting, and effective inventory management.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">It is appropriate for operations and supply chain management studies because to its asset-light and scalable distribution model.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpLast\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%;margin: 0cm 0cm 0cm 21.3pt\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">2.<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">OBJECTIVE<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify;line-height: 150%\"><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 To calculate \u03b2 of Redington Ltd. and observe its significance.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpFirst\" style=\"margin-left: 21.3pt;text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">3.<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">DATA COLLECTION<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">Historical data of Redington Ltd. and NIFTY50 index data (downloaded from NSE website for the period 01-Dec-24 to 30-Nov-2025).<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">The data was manipulated to get Friday closing prices.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%;margin: 12.0pt 0cm 0cm 21.3pt\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">4.<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">LITERATURE REVIEW<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"margin-left: 35.45pt;text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">The literature for Redington Ltd., highlights its asset-light distribution model, extensive partner network, and strategic move toward value-added services such as cloud and digital solutions to remain competitive.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"margin-left: 21.3pt;text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">5.<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span lang=\"EN-US\" style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">DATA ANALYSIS<\/span><\/p>\n<p class=\"MsoListParagraphCxSpLast\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">Regression Equation: &#8211; <\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left: 36.0pt;text-align: justify;text-indent: 36.0pt;line-height: 150%\"><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">y = 1.502012483x -0.214593166<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify;line-height: 150%\"><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 where: &#8211;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify;line-height: 150%\"><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">\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 y = Weekly Return for Redington Ltd.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify;line-height: 150%\"><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">\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 x = Weekly Return for NIFTY<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left: 36.0pt;text-align: justify;line-height: 150%\"><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">This equation tells us that if weekly returns of NIFTY increases, then weekly return for Redington Ltd also increases.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpFirst\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">Number of Observations = 48<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">t-stat for \u03b2 = 2.917729825<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">p-value = 0.005438329 \u00d7 10\u207b\u2076 <\/span><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Wingdings\">\u00e8<\/span><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">This indicates that since p-value &lt; 0.05, \u03b2 is statistically significant at 1% level.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">R<sup>2<\/sup> = 0.156166865 <\/span><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Wingdings\">\u00e8<\/span><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\"> This indicates that around 15% of the weekly return for Redington Ltd. is explained by the weekly return for NIFTY. 85% is the error due to the other variables which are not in model.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Symbol\">\u00b7<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">F = 8.513147331 <\/span><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Wingdings\">\u00e8<\/span><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\"> The overall model is statistically significant.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"margin-left: 21.3pt;text-align: justify;text-indent: -18.0pt;line-height: 150%\"><!-- [if !supportLists]--><span style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">6.<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">CONCLUSION<\/span><\/p>\n<p class=\"MsoListParagraphCxSpMiddle\" style=\"margin-left: 21.3pt;text-align: justify;line-height: 150%\"><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">Here \u03b2 = 1.502012483 <\/span><span style=\"font-size: 12.0pt;line-height: 150%;font-family: Wingdings\">\u00e8<\/span><span style=\"font-size: 12.0pt;line-height: 150%;font-family: 'Times New Roman',serif\"> Since \u03b2 \u2265 1, it is good for short-term investment if NIFTY rises.<\/span><\/p>\n<p class=\"MsoListParagraphCxSpLast\" style=\"text-align: justify;text-indent: -18.0pt;line-height: 150%;margin: 12.0pt 0cm 0cm 21.3pt\"><!-- [if !supportLists]--><span style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">7.<span style=\"font-size: 7pt;line-height: normal;font-family: 'Times New Roman'\">\u00a0\u00a0\u00a0 <\/span><\/span><!--[endif]--><span style=\"font-size: 14.0pt;line-height: 150%;font-family: 'Times New Roman',serif\">REFERENCES<\/span><\/p>\n<p><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Shastri, A. SWOT Analysis of Redington India (IIDE case analysis).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1.\u00a0\u00a0\u00a0 INTRODUCTION \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Operating in India, the Middle East, Africa, and other emerging areas, Redington Limited is a top provider of supply chain solutions and technology distribution. \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Through a vast network of channel partners, the company specializes in the end-to-end distribution of IT, mobile, and technology solutions. \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Redington specializes in high-volume logistics operations,&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=23047\">Continue reading <span class=\"screen-reader-text\">Relationship of Nifty with Redington Ltd Ltd.<\/span><\/a><\/p>\n","protected":false},"author":139906,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23047","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\/23047","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\/139906"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23047"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23047\/revisions"}],"predecessor-version":[{"id":23048,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23047\/revisions\/23048"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23047"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}