{"id":24962,"date":"2026-03-22T16:10:26","date_gmt":"2026-03-22T10:40:26","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=24962"},"modified":"2026-03-22T16:10:26","modified_gmt":"2026-03-22T10:40:26","slug":"relation-of-nifty-50-with-suzlon-energy-ltd","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=24962","title":{"rendered":"Relation of Nifty 50 with Suzlon Energy Ltd"},"content":{"rendered":"

Title: Relation of Nifty 50 with Suzlon Energy Ltd<\/span><\/b><\/p>\n

Author<\/span><\/b>: Shravani Kulthe – 84<\/b><\/span><\/p>\n

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Introduction:<\/span><\/p>\n

Suzlon Energy Limited is one of India\u2019s leading renewable energy companies focused on wind power solutions. It provides end-to-end services including manufacturing, installation, and maintenance of wind turbines across various regions. <\/span>This study examines the relationship between the performance of the Nifty 50 index and the stock returns of Suzlon Energy Ltd. The objective is to analyze how movements in the overall market influence the returns of Suzlon Energy Ltd. <\/span><\/p>\n

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Objective: To calculate beta and observe its significance<\/span><\/p>\n

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Literature review:<\/span><\/p>\n

A study by K. V. Bhanu Murthy (2008), published in the The IUP Journal of Applied Finance, analyzed the relationship between stock returns and market indices in the Indian context. The study found that beta is an important measure of systematic risk and significantly explains the sensitivity of individual stocks to movements in the overall market (Murthy, 2008).<\/span><\/p>\n

Research by Rakesh Gupta and Anupam Basu (2011), published in the Global Business Review, examined the volatility and market linkage of Indian stocks. Their findings indicate that regression analysis is effective in determining the relationship between stock returns and market indices, and that high-beta stocks tend to respond more strongly to market changes (Gupta & Basu, 2011).<\/span><\/p>\n

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Data collection:<\/span><\/p>\n

Data for Nifty 50 and Suzlon Energy Ltd was downloaded from Nseindia.com for the period 1\/1\/2025 to 31\/12\/2025 Friday closing price for Nifty 50 and Suzlon Energy Ltd were calculated. Weekly returns of Nifty 50 were taken as X and Weekly return of Suzlon Energy Ltd were taken as Y. Y was regressed on X.<\/span><\/p>\n

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Data Analysis: <\/span><\/p>\n

Y= -0.4661+1.8003X\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/p>\n

N= 48\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>R Square= 0.25\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>F= 15.86<\/span><\/p>\n

P= <\/span>0.000239917\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span>B= 1.8003\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>T-Stat= 3.9835<\/span><\/p>\n

The above Equation shows the relationship between Nifty 50 and Suzlon Energy Ltd. Positive means their Direct relation which means if Nifty 50 stock rises Suzlon Energy Ltd stock rise and vice versa. If Nifty 50 stock increases by 1 unit, the Suzlon Energy Ltd stock increases by 1.8003 unit. Number of observations is 48. T-stat for beta is 3.9835. The P value is 0.000239917 less than 0.5 meaning Beta is statistically significant at 5% level. R square is 0.25 meaning 25% is explained by market return and 75% is error \u00a0<\/span>due to the variability not included in model. F is 15.86 and P value is 0.000239917 less than 0.5 meaning Beta is statistically significant at 5% level. <\/span><\/p>\n

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Conclusion:<\/span><\/p>\n

B>1, Hence invest for short term if Nifty 50 rise.<\/span><\/p>\n

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Reference: <\/span><\/p>\n

Murthy, K. V. B. (2008). Stock market integration and investment decisions in India. The IUP Journal of Applied Finance<\/i>, 14(4), 5\u201320. <\/span><\/p>\n

\u00a0<\/span>Gupta, R., & Basu, A. (2011). Stock market volatility and return: Evidence from India. Global Business Review<\/i>, 12(1), 67\u201381.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Title: Relation of Nifty 50 with Suzlon Energy Ltd Author: Shravani Kulthe – 84 \u00a0 Introduction: Suzlon Energy Limited is one of India\u2019s leading renewable energy companies focused on wind power solutions. It provides end-to-end services including manufacturing, installation, and maintenance of wind turbines across various regions. This study examines the relationship between the performance… Continue reading Relation of Nifty 50 with Suzlon Energy Ltd<\/span><\/a><\/p>\n","protected":false},"author":140158,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24962","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\/24962","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\/140158"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24962"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/24962\/revisions"}],"predecessor-version":[{"id":24963,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/24962\/revisions\/24963"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24962"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}