INTRODUCTION\u00a0<\/p>\n
Asian Paints is India\u2019s largest and Asia\u2019s leading paint company, established in 1942, with a strong\u00a0<\/p>\n
presence in decorative and industrial paints.\u00a0<\/p>\n
The company operates in more than 15 countries and serves customers across Asia, the Middle East,\u00a0<\/p>\n
Africa, and South Pacific regions.\u00a0<\/p>\n
Asian Paints is known for its innovation, advanced technology, and wide range of products including\u00a0<\/p>\n
wall paints, coatings, home d\u00e9cor, and waterproofing solutions.\u00a0<\/p>\n
With a customer-centric approach and strong distribution network, Asian Paints has become a\u00a0<\/p>\n
trusted household brand in India.\u00a0<\/p>\n
2. OBJECTIVE\u00a0<\/p>\n
\u00a0To calculate \u03b2 of Asian Paints LTD and observe its significance.\u00a0<\/p>\n
3. DATA COLLECTION\u00a0<\/p>\n
\u2022 Historical data of Asian Paints LTD and NIFTY50 index data (downloaded from NSE website\u00a0<\/p>\n
for the period 01-Dec-24 to 30-Nov-2025).\u00a0<\/p>\n
\u2022 The data was manipulated to get Friday closing prices.\u00a0<\/p>\n
4. LITERATURE REVIEW\u00a0<\/p>\n
Parikh (2023) conducted a study on the Corporate Social Responsibility (CSR) practices of Asian\u00a0<\/p>\n
Paints Ltd for the period 2017\u201318 to 2021\u201322 using descriptive analysis. The study found that the\u00a0<\/p>\n
company did not fully utilize its CSR funds in some years, while in others it achieved full utilization.\u00a0<\/p>\n
5. DATA ANALYSIS\u00a0<\/p>\n
\u2022 a) Regression Statistics\u00a0<\/p>\n
\u2022 Multiple R = 0.506\u00a0<\/p>\n
\u2022 This shows a moderate positive correlation between the independent and dependent variables.\u00a0<\/p>\n
\u2022 R Square = 0.256\u00a0<\/p>\n
\u2022 About 25.6% of the variation in the dependent variable is explained by the independent variable.\u00a0<\/p>\n
\u2022 Adjusted R Square = 0.239\u00a0<\/p>\n
\u2022 After adjusting for degrees of freedom, the model still explains 23.9% variation, indicating a\u00a0<\/p>\n
reasonably good fit.\u00a0<\/p>\n
\u2022 Standard Error = 2.54\u00a0<\/p>\n
\u2022 This represents the average error in prediction.\u00a0<\/p>\n
\u2022 Observations = 48\u00a0<\/p>\n
\u2022 F value = 15.8356\u00a0<\/p>\n
\u2022 Significance F = 0.000243\u00a0<\/p>\n
\u2022 Since the significance value is less than 0.05, the regression model is statistically significant,\u00a0<\/p>\n
meaning the independent variable has a meaningful impact on the dependent variable.\u00a0\u00a0<\/p>\n
\u2022 Regression Equation:\u00a0<\/p>\n
\u2022 Y = -0.223 + 0.785X\u00a0<\/p>\n
\u2022 Intercept (-0.223)\u00a0<\/p>\n
\u2022 The intercept is not statistically significant (p > 0.05), meaning it has no major interpretational\u00a0<\/p>\n
importance.\u00a0<\/p>\n
\u2022 X Variable (0.785)\u00a0<\/p>\n
\u2022 P-value = 0.000243 (< 0.05)\u00a0<\/p>\n
\u2022 This indicates a statistically significant positive relationship.\u00a0<\/p>\n
\u2022 For every 1 unit increase in X, Y increases by 0.785 units..\u00a0<\/p>\n
6. CONCLUSION\u00a0<\/p>\n
The regression analysis reveals a moderate and statistically significant relationship between the\u00a0<\/p>\n
independent and dependent variables. Although the model explains only 25.6% of the variation, the\u00a0<\/p>\n
independent variable has a strong influence on the dependent variable. The results confirm that the\u00a0<\/p>\n
regression model is valid and useful for prediction and analysis..\u00a0<\/p>\n
7. REFERENCES\u00a0<\/p>\n
Parikh, M. S. (2023). A study on CSR reporting practices of Asian Paints Limited. Journal of\u00a0<\/p>\n
Management and Applied Research.<\/p>\n","protected":false},"excerpt":{"rendered":"
INTRODUCTION\u00a0 Asian Paints is India\u2019s largest and Asia\u2019s leading paint company, established in 1942, with a strong\u00a0 presence in decorative and industrial paints.\u00a0 The company operates in more than 15 countries and serves customers across Asia, the Middle East,\u00a0 Africa, and South Pacific regions.\u00a0 Asian Paints is known for its innovation, advanced technology, and wide… Continue reading Relationship of Nifty 50 with Asian Paints Ltd.<\/span><\/a><\/p>\n","protected":false},"author":139916,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23067","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\/23067","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\/139916"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23067"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23067\/revisions"}],"predecessor-version":[{"id":23068,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/23067\/revisions\/23068"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23067"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}