{"id":23057,"date":"2025-12-19T16:43:44","date_gmt":"2025-12-19T11:13:44","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=23057"},"modified":"2025-12-19T16:43:44","modified_gmt":"2025-12-19T11:13:44","slug":"relationship-of-nifty-with-signature-global-pvt","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=23057","title":{"rendered":"Relationship of Nifty with Signature Global Pvt"},"content":{"rendered":"

1.\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>INTRODUCTION\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\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\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\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\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\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00b7<\/span>\u00a0\u00a0Prominent Indian real estate development company headquartered in Gurugram, Haryana<\/p>\n

\u00b7<\/span>\u00a0\u00a0Operates primarily in the affordable and mid-income housing segment<\/p>\n

\u00b7<\/span>\u00a0\u00a0Strong presence across the Delhi\u2013NCR real estate market<\/p>\n

\u00b7<\/span>\u00a0\u00a0Emphasis on quality construction, cost efficiency, and timely project execution<\/p>\n

\u00b7<\/span>\u00a0\u00a0Aligns business strategy with the Government of India\u2019s\u00a0Housing for All<\/em>\u00a0initiative<\/p>\n

\u00b7<\/span>\u00a0\u00a0Adopts customer-centric and sustainable development practices<\/p>\n

\u00b7<\/span>\u00a0\u00a0Relevant case for research in real estate management, operations, and urban planning<\/p>\n

\u00a0<\/span><\/p>\n

2.\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>OBJECTIVE<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0To calculate \u03b2 of Signature Global pvt\u00a0\u00a0and observe its significance.<\/span><\/p>\n

1.\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>DATA COLLECTION<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>Historical data of Signature Global Pvt\u00a0\u00a0and NIFTY50 index data (downloaded from NSE website for the period 01-Dec-24 to 30-Nov-2025).<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>The data was manipulated to get Friday closing prices.<\/span><\/p>\n

2.\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>LITERATURE REVIEW<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>Signature Global Pvt. Ltd.<\/b><\/span>\u00a0operates within India\u2019s rapidly growing affordable housing segment, which has been widely discussed in literature due to increasing urbanization and government initiatives such as\u00a0Housing for All<\/span><\/em>. Studies highlight that developers aligned with public housing policies benefit from higher demand and regulatory support. Research also emphasizes that timely project delivery, cost efficiency, and quality construction are critical success factors in real estate development. Signature Global\u2019s operational focus on affordable housing, project execution efficiency, and customer-centric practices aligns with these findings. However, literature also notes challenges such as land acquisition, financing constraints, and regulatory complexities faced by developers in this segment, making companies like Signature Global relevant for further research in real estate and operations management.<\/p>\n

3.\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>DATA ANALYSIS<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>Regression Equation: –\u00a0<\/span><\/p>\n

y =\u00a0<\/span>-0.0011241x + 25.1414081<\/span><\/p>\n

\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\u00a0where: –<\/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\u00a0\u00a0\u00a0\u00a0y = Weekly Return for Signature Global Pvt\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\u00a0\u00a0\u00a0\u00a0x = Weekly Return for NIFTY<\/span><\/p>\n

This equation tells us that if weekly returns of NIFTY increases, then weekly return for Shree Cement Limited also increases.<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>Number of Observations = 48<\/span><\/p>\n

t-stat for \u03b2 =\u00a0<\/span>-0.5261619<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>p-value =\u00a0<\/span>0.60130352\u00a0<\/span>\u00d7 10\u207b\u2076\u00a0<\/span>\uf0e8<\/span>This indicates that since p-value < 0.05, \u03b2 is statistically significant at 1% level.<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>R2<\/sup>\u00a0=\u00a0<\/span>0.00598239<\/span>\uf0e8<\/span>\u00a0This indicates that around 20% of the weekly return for Shree Cement Limited is explained by the weekly return for NIFTY. 80% is the error due to the other variables which are not in model.<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>F =\u00a0<\/span>0.27684632<\/span>\uf0e8<\/span>\u00a0The overall model is statistically significant.<\/span><\/p>\n

4.\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>CONCLUSION<\/span><\/p>\n

Here \u03b2\u00a0<\/span>-0.0011241\u00a0<\/span>\uf0e8<\/span>\u00a0Since \u03b2 < 1, it is good for short-term investment if NIFTY rises.<\/span><\/p>\n

5.\u00a0\u00a0\u00a0\u00a0<\/span><\/span><\/span>REFERENCES<\/span><\/p>\n<\/p>\n

Gopalan, K., & Venkataraman, M. (2015).\u00a0Affordable housing: An academic perspective on policy and practice in India<\/em>.\u00a0IIMB Management Review.<\/em> \u2014 Discusses definitions, issues, and institutional frameworks related to affordable housing in India.<\/p>\n","protected":false},"excerpt":{"rendered":"

1.\u00a0\u00a0\u00a0\u00a0INTRODUCTION\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\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\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\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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00b7\u00a0\u00a0Prominent Indian real estate development company headquartered in Gurugram, Haryana \u00b7\u00a0\u00a0Operates primarily in the affordable and mid-income housing segment \u00b7\u00a0\u00a0Strong presence across the Delhi\u2013NCR real estate market \u00b7\u00a0\u00a0Emphasis on quality construction, cost efficiency, and timely project execution \u00b7\u00a0\u00a0Aligns business strategy with the Government of India\u2019s\u00a0Housing for All\u00a0initiative \u00b7\u00a0\u00a0Adopts customer-centric and sustainable development practices \u00b7\u00a0\u00a0Relevant… Continue reading Relationship of Nifty with Signature Global Pvt<\/span><\/a><\/p>\n","protected":false},"author":139911,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23057","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\/23057","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\/139911"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23057"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23057\/revisions"}],"predecessor-version":[{"id":23058,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23057\/revisions\/23058"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23057"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}