1. INTRODUCTION<\/p>\n
\u2022 Adani Power Limited (APL), founded in 1996, has grown into India\u2019s largest private thermal power producer and a flagship energy company within the Adani Group. Headquartered in Ahmedabad, Gujarat, the company plays a significant role in India\u2019s energy sector through large-scale power generation across multiple states using advanced technologies like supercritical and ultra-supercritical units. Its portfolio also includes a small solar power capacity, and it operates under a combination of long-term Power Purchase Agreements (PPAs) and merchant sales to meet rising electricity demand.<\/p>\n
2. OBJECTIVE<\/p>\n
\u2022 To calculate \u03b2 of Adani Power Ltd and observe its significance.<\/p>\n
3. DATA COLLECTION<\/p>\n
\u2022 Historical data of Adani Power Ltd and NIFTY50 index data (downloaded from NSE website for the period 01-Dec-24 to 30-Nov-2025).<\/p>\n
\u2022 The data was manipulated to get Friday closing prices.<\/p>\n
4. LITERATURE REVIEW<\/p>\n
Singh and Bhargavi (2023) studied the impact of external financial disclosures on Adani Power Ltd and found that negative reports significantly affected the company\u2019s stock price. Their study highlights the importance of corporate governance, transparency, and investor confidence in the power sector.<\/p>\n
5. DATA ANALYSIS<\/p>\n
\u2022 Regression Equation: –\u00a0<\/p>\n
y = -7.654246851x\u00a0 -8.358538918<\/p>\n
where: –<\/span><\/p>\n y = Weekly Return for Adani Power Ltd.<\/span><\/p>\n x = Weekly Return for NIFTY<\/span><\/p>\n This equation tells us that if weekly returns of NIFTY increases, then weekly return for Adani Power Ltd also increases.<\/p>\n \u2022 Number of Observations = 48<\/p>\n \u2022 t-stat for \u03b2 = -1.808419488<\/p>\n \u2022 p-value = 0.077080806 \u00d7 10\u207b\u2076 \uf0e8This indicates that since p-value < 0.05, \u03b2 is statistically significant at 1% level.<\/p>\n \u2022 R2 = 0.066376208 \uf0e8 This indicates that around 36% of the weekly return for Adani Power Ltd is explained by the weekly return for NIFTY. 64% is the error due to the other variables which are not in model.<\/p>\n \u2022 F = 3.270381043 \uf0e8 The overall model is statistically significant.<\/p>\n 6. CONCLUSION<\/p>\n Here \u03b2 = -7.654246851x \uf0e8 Since \u03b2 \u2264 1, it is good for long-term investment if NIFTY rises.<\/p>\n 7. REFERENCES<\/p>\n \u2022 Singh, N. & Bhargavi, K. S. (2023). Impact of external financial disclosures on the stock price of Adani Power Ltd. International Journal of Latest Technology in Engineering, Management & Applied Science.<\/p>\n \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" 1. INTRODUCTION \u2022 Adani Power Limited (APL), founded in 1996, has grown into India\u2019s largest private thermal power producer and a flagship energy company within the Adani Group. Headquartered in Ahmedabad, Gujarat, the company plays a significant role in India\u2019s energy sector through large-scale power generation across multiple states using advanced technologies like supercritical and… Continue reading Relationship of Nifty with Adani Power Ltd.<\/span><\/a><\/p>\n","protected":false},"author":139912,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23059","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\/23059","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\/139912"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23059"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23059\/revisions"}],"predecessor-version":[{"id":23060,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23059\/revisions\/23060"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23059"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}