{"id":25030,"date":"2026-03-22T21:12:16","date_gmt":"2026-03-22T15:42:16","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=25030"},"modified":"2026-03-22T21:12:16","modified_gmt":"2026-03-22T15:42:16","slug":"title-calculation-of-beta-of-swiggy-and-its-significance","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=25030","title":{"rendered":"Title \u2013 Calculation of Beta of Swiggy and its significance"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Title \u2013<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0Calculation of Beta of Swiggy and its significance<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Author \u2013<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0Shraddha\u00a0Phajage\u00a0<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Introduction\u00a0\u2013<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0Swiggy is a leading Indian on-demand convenience platform that revolutionized food delivery through its hyper-local\u00a0logistics\u00a0network. Founded in 2014, it has expanded beyond meals into quick commerce with\u00a0Instamart\u00a0for groceries and Genie for package deliveries. By\u00a0leveraging\u00a0real-time data and a massive delivery fleet, Swiggy has become an essential part of the urban Indian lifestyle.<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Objective<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0\u2013 Calculation of Beta and Observe its significance.<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Literature\u00a0review\u00a0<\/span><\/b><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">1.<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Kirti Prashar, Dr.\u00a0Simerjeet\u00a0Singh Bawa, and Tanveer Kaur (2022) analyze Swiggy\u2019s disruptive entry into the Indian market by focusing on its transition from a simple food aggregator to an integrated tech-logistics powerhouse. Their research highlights that Swiggy\u2019s decision to build an in-house delivery fleet\u2014rather than relying on third-party services\u2014was the critical factor in solving the &#8220;reliability gap&#8221; in hyperlocal delivery. By prioritizing a user-centric interface and shrinking delivery times, the authors argue that Swiggy successfully increased its customer lifetime value through diversified revenue streams.<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">2<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">.Jayadatta\u00a0S. (2023) provides a comprehensive strategic study emphasizing Swiggy\u2019s technological scalability and its ability to manage complex operations across hundreds of cities. The author explores the competitive duopoly between Swiggy and Zomato, noting that Swiggy\u2019s core strength lies in its advanced data analytics, which predicts consumer behavior based on local trends and environmental factors. The research concludes that Swiggy\u2019s long-term sustainability depends on its strategic shift from &#8220;growth at all costs&#8221; to achieving operational profitability through segments like\u00a0Instamart\u00a0and advertising.<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Data collection &#8211;<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">The data for Nifty 50 and Swiggy was downloaded from NSE India.com for the period of 1-01-2025 to 31-12-2025 Friday\u00a0closing\u00a0prices for Nifty 50 and Swiggy\u00a0was\u00a0segregated weekly returns of Nifty 50 and Swiggy were calculated. Weekly returns of Nifty 50 were taken as\u00a0X and\u00a0weekly returns of Swiggy were taken as Y. Y was regressed on X.<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Data Analysis<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0\u2013 In place of Swiggy is Swiggy and Price is Nifty 50.<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Swiggy\u00a0=0.059877-0.00121nifty+e<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(-1.75576)*<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">N=47,R- square =\u00a00.064112,\u00a0F = 3.082684*<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">The above equation shows the relationship between price and demand. Negative sign means there is\u00a0inverse\u00a0relationship which means if price rises, demand falls and vice versa If price rises by 1 unit, The demand rises by\u00a0-0.00121.\u00a0Number\u00a0of observations\u00a0are\u00a047.<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">T stands for Beta\u00a0-175. The P-value for which is\u00a00.08\u00a0is more than 0.05 meaning Beta is statistically significant at 10% level, meaning price impact at 10% level, R- square is 0.05 meaning only\u00a08% , demand is explained by price, 92% is the error due to the variables not included in the model.<\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Conclusion\u00a0&#8211;<\/span><\/b><span lang=\"EN-US\" style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">Invest in Raymond Lifestyle Limited for\u00a0long\u00a0term<b>.<\/b><\/span><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify\"><span style=\"font-size: 12.0pt;line-height: 107%;font-family: 'Times New Roman',serif\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title \u2013\u00a0Calculation of Beta of Swiggy and its significance\u00a0 \u00a0 Author \u2013\u00a0Shraddha\u00a0Phajage\u00a0\u00a0 \u00a0 Introduction\u00a0\u2013\u00a0Swiggy is a leading Indian on-demand convenience platform that revolutionized food delivery through its hyper-local\u00a0logistics\u00a0network. Founded in 2014, it has expanded beyond meals into quick commerce with\u00a0Instamart\u00a0for groceries and Genie for package deliveries. By\u00a0leveraging\u00a0real-time data and a massive delivery fleet, Swiggy has&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=25030\">Continue reading <span class=\"screen-reader-text\">Title \u2013 Calculation of Beta of Swiggy and its significance<\/span><\/a><\/p>\n","protected":false},"author":140143,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25030","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\/25030","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\/140143"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25030"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/25030\/revisions"}],"predecessor-version":[{"id":25031,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/25030\/revisions\/25031"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25030"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}