{"id":25014,"date":"2026-03-22T19:59:55","date_gmt":"2026-03-22T14:29:55","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=25014"},"modified":"2026-03-22T19:59:55","modified_gmt":"2026-03-22T14:29:55","slug":"relationship-between-nifty-50-and-sun-pharmaceutical-industries-ltd","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=25014","title":{"rendered":"Relationship between Nifty 50 and Sun pharmaceutical Industries Ltd"},"content":{"rendered":"
\n

Relationship between Nifty 50 and Sun pharmaceutical Industries Ltd<\/span><\/p>\n<\/div>\n

AUTHOR: SAHIL SURADKAR <\/span><\/b><\/p>\n

INTRODUCTION :<\/span><\/b><\/p>\n

Sun Pharmaceutical Industries Ltd<\/span><\/span> is India\u2019s largest pharmaceutical company, producing a wide range of generic and specialty medicines across therapeutic areas like dermatology, ophthalmology, and chronic diseases.The company operates in over 100 countries with a strong network of manufacturing facilities, research centers, and distribution channels, ensuring efficient delivery to domestic and global markets.Sun Pharma focuses on innovation in specialty drugs while maintaining a strong generic portfolio, balancing growth with social responsibility.As a listed company, its financial and stock performance can be compared with the Nifty 50<\/span> to evaluate how it performs relative to India\u2019s top 50 companies.This comparison helps assess Sun Pharma\u2019s market position, growth trajectory, and resilience against broader market trends.<\/span><\/p>\n

OBJECTIVE:<\/span><\/b> To calculate Beta and observe its significance.<\/span><\/p>\n

LITERATURE REVIEW:<\/span><\/b><\/p>\n

(V. Kumar et al., 2016),<\/span> Scholarly studies further highlight Sun Pharma\u2019s role in the Indian pharmaceutical industry, noting its significant contributions to profitability, innovation, and socio-economic development.<\/span><\/p>\n

(Sun Pharma Sustainability Report, 2024), Sun Pharmaceutical Industries Ltd is India\u2019s largest pharmaceutical company, with a strong presence in over 100 countries. The company offers a wide range of generic and specialty medicines, serving therapeutic areas such as dermatology, ophthalmology, and chronic disease treatments, supported by an extensive manufacturing and distribution network.<\/span><\/p>\n

.<\/span><\/p>\n

DATA COLLECTION :<\/span><\/b><\/p>\n

Data for Nifty 50 and <\/span>Sun Pharmaceutical Industries<\/span> Ltd was downloaded by nseindia.com for the period 1\/1\/2025 to 31\/12\/2025. Friday closing price for Nifty 50 and <\/span>Sun Pharmaceutical Industries <\/span>Ltd were calculated. Weekly returns of Nifty 50 were taken as x<\/b> and Weekly return of <\/span>Sun Pharmaceutical Industries<\/span> Ltd were taken as y<\/b>. y<\/b> was regressed on x<\/b>.<\/span><\/p>\n

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

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

y= -0.31+1.08x<\/span><\/p>\n\n\n\n\n\n\n\n\n
\n

N<\/span><\/b><\/p>\n<\/td>\n

\n

48<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

R square<\/span><\/b><\/p>\n<\/td>\n

\n

0.42<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

F<\/span><\/b><\/p>\n<\/td>\n

\n

33.61<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

P- value<\/span><\/b><\/p>\n<\/td>\n

\n

5.82431566519672E-07<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

t Stat<\/span><\/b><\/p>\n<\/td>\n

\n

5.8<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

B<\/span><\/b><\/p>\n<\/td>\n

\n

1.08<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

The above Equation shows the relationship between Nifty 50 and <\/span>Sun Pharmaceutical Industries <\/span>Ltd. Positive means their Direct relation which means if Nifty 50 stock rises <\/span>Sun Pharmaceutical Industries <\/span>Ltd stock rise and vice versa. If Nifty 50 stock increases by 1 unit, the <\/span>Sun Pharmaceutical Industries <\/span>Ltd stock increases by 1.08 unit. Number of observations is 48. t-stat for beta 5.80. The P value 5.82431566519672E-07 is less than 0.05 meaning Beta is statistically significant at 5% level. No. of observations are 48. R square is 0.42 meaning 42% of <\/span>Sun Pharmaceutical Industries <\/span>Ltd Returns is explained by Nifty 50 Returns 58% the error due to the variable not included in model. F is 33.61 and P value of which 5.82431566519672E-07 less than 0.05 meaning Beta is statistically significant at 5% level.<\/span><\/p>\n

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

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

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

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

REFERENCE: <\/span><\/b><\/p>\n

1.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>V. Srinivasa Kumar, R. Renganathan, C. Vijaya Banu & V. Vijaya Anand. (2016). Financial performance analysis of Sun Pharma compared with industry averages<\/span><\/em>. Research Journal of Pharmaceutical, Biological and Chemical Sciences. Retrieved from <\/span>https:\/\/www.rjpbcs.com\/pdf\/2016_7%281%29\/%5B166%5D.pdf<\/span><\/a><\/span><\/p>\n

2.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>Sun Pharma Sustainability Report. (2024). ESG and operational performance overview<\/span><\/em>. Retrieved from <\/span>https:\/\/sunpharma.com\/responsibility\/sustainability\/<\/span><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Relationship between Nifty 50 and Sun pharmaceutical Industries Ltd AUTHOR: SAHIL SURADKAR INTRODUCTION : Sun Pharmaceutical Industries Ltd is India\u2019s largest pharmaceutical company, producing a wide range of generic and specialty medicines across therapeutic areas like dermatology, ophthalmology, and chronic diseases.The company operates in over 100 countries with a strong network of manufacturing facilities, research… Continue reading Relationship between Nifty 50 and Sun pharmaceutical Industries Ltd<\/span><\/a><\/p>\n","protected":false},"author":140149,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25014","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\/25014","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\/140149"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25014"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/25014\/revisions"}],"predecessor-version":[{"id":25015,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/25014\/revisions\/25015"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25014"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}