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APOLLO BSE SENSEX

Date Adj Close RETURNS Date Close RETURNS


12/1/2021 217.15 6.11% 12/1/2021 58253.82 2.08%
11/1/2021 204.65 -3.81% 11/1/2021 57064.87 -3.78%
10/1/2021 212.75 -5.76% 10/1/2021 59306.93 0.31%
9/1/2021 225.75 5.99% 9/1/2021 59126.36 2.73%
8/1/2021 213 -2.92% 8/1/2021 57552.39 9.44%
7/1/2021 219.4091 -1.04% 7/1/2021 52586.84 0.20%
6/1/2021 221.7249 1.33% 6/1/2021 52482.71 1.05%
5/1/2021 218.8178 2.42% 5/1/2021 51937.44 6.47%
4/1/2021 213.6443 -3.11% 4/1/2021 48782.36 -1.47%
3/1/2021 220.4931 -3.56% 3/1/2021 49509.15 0.83%
2/1/2021 228.623 17.98% 2/1/2021 49099.99 6.08%
1/1/2021 193.7876 10.45% 1/1/2021 46285.77 -3.07%
12/1/2020 175.4583 -3.44% 12/1/2020 47751.33 8.16%
11/1/2020 181.7159 31.81% 11/1/2020 44149.72 11.45%
10/1/2020 137.8636 6.88% 10/1/2020 39614.07 4.06%
9/1/2020 128.9946 5.82% 9/1/2020 38067.93 -1.45%
8/1/2020 121.8994 14.17% 8/1/2020 38628.29 2.72%
7/1/2020 106.7729 0.14% 7/1/2020 37606.89 7.71%
6/1/2020 106.625 11.43% 6/1/2020 34915.8 7.68%
5/1/2020 95.68661 0.88% 5/1/2020 32424.1 -3.84%
4/1/2020 94.84898 23.92% 4/1/2020 33717.62 14.42%
3/1/2020 76.54064 -44.49% 3/1/2020 29468.49 -23.05%
2/1/2020 137.8889 -14.12% 2/1/2020 38297.29 -5.96%
1/1/2020 160.5569 1.52% 1/1/2020 40723.49 -1.29%
12/1/2019 158.1454 -2.58% 12/1/2019 41253.74 1.13%
11/1/2019 162.3414 -11.56% 11/1/2019 40793.81 1.66%
10/1/2019 183.5625 4.94% 10/1/2019 40129.05 3.78%
9/1/2019 174.9294 5.96% 9/1/2019 38667.33 3.57%
8/1/2019 165.0905 12.88% 8/1/2019 37332.79 -0.40%
7/1/2019 146.2566 -21.46% 7/1/2019 37481.12 -4.86%
6/1/2019 186.2207 2.92% 6/1/2019 39394.64 -0.80%
5/1/2019 180.9293 -5.25% 5/1/2019 39714.2 1.75%
4/1/2019 190.9551 -7.24% 4/1/2019 39031.55 0.93%
3/1/2019 205.8546 2.14% 3/1/2019 38672.91 7.82%
2/1/2019 201.5379 6.21% 2/1/2019 35867.44 -1.07%
1/1/2019 189.7483 -13.35% 1/1/2019 36256.69 0.52%
12/1/2018 218.9903 -1.05% 12/1/2018 36068.33 -0.35%
11/1/2018 221.3111 9.18% 11/1/2018 36194.3 5.09%
10/1/2018 202.6983 2.83% 10/1/2018 34442.05 -4.93%
9/1/2018 197.1284 -15.52% 9/1/2018 36227.14 -6.26%
8/1/2018 233.3329 -12.25% 8/1/2018 38645.07 2.76%
7/1/2018 265.8963 14.76% 7/1/2018 37606.58 6.16%
6/1/2018 231.7057 -5.20% 6/1/2018 35423.48 0.29%
5/1/2018 244.4194 -8.59% 5/1/2018 35322.38 0.46%
4/1/2018 267.3947 6.92% 4/1/2018 35160.36 6.65%
3/1/2018 250.095 0.29% 3/1/2018 32968.68 -3.56%
2/1/2018 249.3686 7.79% 2/1/2018 34184.04 -4.95%
1/1/2018 231.3425 -5.23% 1/1/2018 35965.02 5.60%
12/1/2017 244.1015 7.22% 12/1/2017 34056.83 2.74%
11/1/2017 227.6646 2.20% 11/1/2017 33149.35 -0.19%
10/1/2017 222.7608 0.14% 10/1/2017 33213.13 6.17%
9/1/2017 222.4429 -3.26% 9/1/2017 31283.72 -1.41%
8/1/2017 229.9349 -5.01% 8/1/2017 31730.49 -2.41%
7/1/2017 242.0583 11.96% 7/1/2017 32514.94 5.15%
6/1/2017 216.1977 5.52% 6/1/2017 30921.61 -0.72%
5/1/2017 204.8944 -6.43% 5/1/2017 31145.8 4.10%
4/1/2017 218.9787 16.99% 4/1/2017 29918.4 1.01%
3/1/2017 187.177 11.22% 3/1/2017 29620.5 3.05%
2/1/2017 168.2933 3.82% 2/1/2017 28743.32 3.93%
1/1/2017 162.1034 1/1/2017 27655.96
β 1.36309
Rm(Monthly) 1.42%
Rm(Yearly) 18.47%
Rf 6.36% WACC 17.55%

Cost of Equity
Ke = Rf + β(Rm - Rf) 22.8612%

Market Capitalised
139.15 ROCE - WACC -9.22%
Value (In Billion)
Market Value Of
54.59
Debt(In Billion)
Total 193.74
Return On Capital 8.33%
Employed

Corporate Tax Rate 37.60%

Total Taxes Paid 211


Pre Tax Profit 561.19
Finance Cost 4,120,750,000
Cost Of Debt(I) 6.41%
Current Debt 16,250,150,000
Long Term Debt 48,050,660,000
Total Debt 64,300,810,000

Cost Of Debt After


4.00%
Tax I(1-t)

CAGR 6.02%

MARKET SHARE 18.36%


JK Tyres BSE Sensex
Date Adj Close RETURNS Month Close RETURNS
12/1/2021 139 8.05% 12/1/2021 58253.82 2.08%
11/1/2021 128.65 -10.35% 11/1/2021 57064.87 -3.78%
10/1/2021 143.5 -4.68% 10/1/2021 59306.93 0.31%
9/1/2021 150.55 4.96% 9/1/2021 59126.36 2.73%
8/1/2021 143.4366 -2.16% 8/1/2021 57552.39 9.44%
7/1/2021 146.5967 8.40% 7/1/2021 52586.84 0.20%
6/1/2021 135.2403 5.06% 6/1/2021 52482.71 1.05%
5/1/2021 128.7227 7.20% 5/1/2021 51937.44 6.47%
4/1/2021 120.0819 11.71% 4/1/2021 48782.36 -1.47%
3/1/2021 107.4911 -12.29% 3/1/2021 49509.15 0.83%
2/1/2021 122.5507 -2.48% 2/1/2021 49099.99 6.08%
1/1/2021 125.6614 69.44% 1/1/2021 46285.77 -3.07%
12/1/2020 74.16242 -6.71% 12/1/2020 47751.33 8.16%
11/1/2020 79.49501 20.51% 11/1/2020 44149.72 11.45%
10/1/2020 65.96605 14.33% 10/1/2020 39614.07 4.06%
9/1/2020 57.69547 -1.17% 9/1/2020 38067.93 -1.45%
8/1/2020 58.37826 -7.85% 8/1/2020 38628.29 2.72%
7/1/2020 63.35284 1.33% 7/1/2020 37606.89 7.71%
6/1/2020 62.52375 22.68% 6/1/2020 34915.8 7.68%
5/1/2020 50.96515 1.46% 5/1/2020 32424.1 -3.84%
4/1/2020 50.23359 26.23% 4/1/2020 33717.62 14.42%
3/1/2020 39.79671 -35.24% 3/1/2020 29468.49 -23.05%
2/1/2020 61.4508 -15.32% 2/1/2020 38297.29 -5.96%
1/1/2020 72.57047 -0.60% 1/1/2020 40723.49 -1.29%
12/1/2019 73.0094 6.78% 12/1/2019 41253.74 1.13%
11/1/2019 68.37621 -7.28% 11/1/2019 40793.81 1.66%
10/1/2019 73.74095 7.77% 10/1/2019 40129.05 3.78%
9/1/2019 68.42497 24.34% 9/1/2019 38667.33 3.57%
8/1/2019 55.03225 -18.15% 8/1/2019 37332.79 -0.40%
7/1/2019 67.23525 -11.56% 7/1/2019 37481.12 -4.86%
6/1/2019 76.01952 -2.79% 6/1/2019 39394.64 -0.80%
5/1/2019 78.20371 -5.07% 5/1/2019 39714.2 1.75%
4/1/2019 82.38218 -5.45% 4/1/2019 39031.55 0.93%
3/1/2019 87.13043 6.62% 3/1/2019 38672.91 7.82%
2/1/2019 81.71742 -5.07% 2/1/2019 35867.44 -1.07%
1/1/2019 86.08582 -12.67% 1/1/2019 36256.69 0.52%
12/1/2018 98.57372 4.90% 12/1/2018 36068.33 -0.35%
11/1/2018 93.96791 -4.53% 11/1/2018 36194.3 5.09%
10/1/2018 98.43127 6.64% 10/1/2018 34442.05 -4.93%
9/1/2018 92.30602 -23.42% 9/1/2018 36227.14 -6.26%
8/1/2018 120.54 -1.46% 8/1/2018 38645.07 2.76%
7/1/2018 122.3237 6.89% 7/1/2018 37606.58 6.16%
6/1/2018 114.4379 -8.93% 6/1/2018 35423.48 0.29%
5/1/2018 125.6564 -14.23% 5/1/2018 35322.38 0.46%
4/1/2018 146.4974 -3.46% 4/1/2018 35160.36 6.65%
3/1/2018 151.7546 7.66% 3/1/2018 32968.68 -3.56%
2/1/2018 140.9585 -14.30% 2/1/2018 34184.04 -4.95%
1/1/2018 164.4751 19.14% 1/1/2018 35965.02 5.60%
12/1/2017 138.0483 2.47% 12/1/2017 34056.83 2.74%
11/1/2017 134.7156 -1.41% 11/1/2017 33149.35 -0.19%
10/1/2017 136.6401 -0.75% 10/1/2017 33213.13 6.17%
9/1/2017 137.6728 -0.71% 9/1/2017 31283.72 -1.41%
8/1/2017 138.6585 -7.21% 8/1/2017 31730.49 -2.41%
7/1/2017 149.4379 0.72% 7/1/2017 32514.94 5.15%
6/1/2017 148.3745 -3.60% 6/1/2017 30921.61 -0.72%
5/1/2017 153.9229 0.48% 5/1/2017 31145.8 4.10%
4/1/2017 153.1831 26.07% 4/1/2017 29918.4 1.01%
3/1/2017 121.5108 5.67% 3/1/2017 29620.5 3.05%
2/1/2017 114.9914 2.81% 2/1/2017 28743.32 3.93%
1/1/2017 111.8473 1/1/2017 27655.96
β 1.14126
Rm(Monthly) 1.42%
Rm(Yearly) 18.47%
Rf 6.36%
WACC 13.48%
Cost of Equity
Ke = Rf + β(Rm - Rf) 20.1759%
ROCE - WACC 0.64%

Market Capitalised
34.3
Value (In Billion)
Market Value Of
29.55
Debt(In Billion)
TOTAL 63.85

Return On Capital 14.12%


Employed

Corporate Tax Rate 35.17%

Total Taxes Paid 139.11


Pre Tax Profit 395.56

Interest Exp 4,188,600,000


Cost Of Debt 8.82%
Current Debt 17,957,500,000
Long Term Debt 29,547,200,000
Total Debt 47,504,700,000

Cost Of Debt after


Tax 5.72%

CAGR 4.44%

MARKET SHARE 9.69%


MRF Tyres BSE SENSEX
Date Adj Close RETURNS Date Close RETURNS
12/1/2021 72139.95 -3.83% 12/1/2021 58253.82 2.08%
11/1/2021 75012.78 -3.02% 11/1/2021 57064.87 -3.78%
10/1/2021 77350.89 -2.54% 10/1/2021 59306.93 0.31%
9/1/2021 79364.66 -0.38% 9/1/2021 59126.36 2.73%
8/1/2021 79664.05 -1.28% 8/1/2021 57552.39 9.44%
7/1/2021 80697.08 0.87% 7/1/2021 52586.84 0.20%
6/1/2021 80004.93 -4.27% 6/1/2021 52482.71 1.05%
5/1/2021 83577.64 3.61% 5/1/2021 51937.44 6.47%
4/1/2021 80668.55 -1.82% 4/1/2021 48782.36 -1.47%
3/1/2021 82164.82 -2.66% 3/1/2021 49509.15 0.83%
2/1/2021 84412.11 0.21% 2/1/2021 49099.99 6.08%
1/1/2021 84235.48 11.33% 1/1/2021 46285.77 -3.07%
12/1/2020 75660.24 -2.85% 12/1/2020 47751.33 8.16%
11/1/2020 77883.12 19.44% 11/1/2020 44149.72 11.45%
10/1/2020 65208.91 9.73% 10/1/2020 39614.07 4.06%
9/1/2020 59425.81 2.73% 9/1/2020 38067.93 -1.45%
8/1/2020 57845.23 -5.00% 8/1/2020 38628.29 2.72%
7/1/2020 60888.91 -9.27% 7/1/2020 37606.89 7.71%
6/1/2020 67109.1 13.81% 6/1/2020 34915.8 7.68%
5/1/2020 58967.12 -2.34% 5/1/2020 32424.1 -3.84%
4/1/2020 60380.39 3.91% 4/1/2020 33717.62 14.42%
3/1/2020 58106.63 -12.13% 3/1/2020 29468.49 -23.05%
2/1/2020 66127.95 -4.82% 2/1/2020 38297.29 -5.96%
1/1/2020 69477.38 5.00% 1/1/2020 40723.49 -1.29%
12/1/2019 66171.2 4.51% 12/1/2019 41253.74 1.13%
11/1/2019 63313.04 -3.40% 11/1/2019 40793.81 1.66%
10/1/2019 65539.3 3.81% 10/1/2019 40129.05 3.78%
9/1/2019 63135.27 8.17% 9/1/2019 38667.33 3.57%
8/1/2019 58368.95 9.40% 8/1/2019 37332.79 -0.40%
7/1/2019 53353.28 -5.40% 7/1/2019 37481.12 -4.86%
6/1/2019 56398.54 2.41% 6/1/2019 39394.64 -0.80%
5/1/2019 55071.34 4.41% 5/1/2019 39714.2 1.75%
4/1/2019 52744.51 -8.84% 4/1/2019 39031.55 0.93%
3/1/2019 57858.09 2.33% 3/1/2019 38672.91 7.82%
2/1/2019 56539.39 -7.45% 2/1/2019 35867.44 -1.07%
1/1/2019 61092.85 -8.62% 1/1/2019 36256.69 0.52%
12/1/2018 66855.64 -0.39% 12/1/2018 36068.33 -0.35%
11/1/2018 67116.46 4.39% 11/1/2018 36194.3 5.09%
10/1/2018 64293.77 1.32% 10/1/2018 34442.05 -4.93%
9/1/2018 63453.98 -13.54% 9/1/2018 36227.14 -6.26%
8/1/2018 73387.63 -7.19% 8/1/2018 38645.07 2.76%
7/1/2018 79070.95 6.12% 7/1/2018 37606.58 6.16%
6/1/2018 74512.92 -1.16% 6/1/2018 35423.48 0.29%
5/1/2018 75389.98 -5.16% 5/1/2018 35322.38 0.46%
4/1/2018 79493.14 10.49% 4/1/2018 35160.36 6.65%
3/1/2018 71948.88 -1.47% 3/1/2018 32968.68 -3.56%
2/1/2018 73025.24 7.03% 2/1/2018 34184.04 -4.95%
1/1/2018 68229.35 -5.23% 1/1/2018 35965.02 5.60%
12/1/2017 71993.02 5.43% 12/1/2017 34056.83 2.74%
11/1/2017 68286.45 3.47% 11/1/2017 33149.35 -0.19%
10/1/2017 65999.3 5.29% 10/1/2017 33213.13 6.17%
9/1/2017 62681.75 -1.83% 9/1/2017 31283.72 -1.41%
8/1/2017 63852.77 -7.23% 8/1/2017 31730.49 -2.41%
7/1/2017 68825.41 1.31% 7/1/2017 32514.94 5.15%
6/1/2017 67938.21 4.18% 6/1/2017 30921.61 -0.72%
5/1/2017 65211.11 -3.41% 5/1/2017 31145.8 4.10%
4/1/2017 67512.55 11.82% 4/1/2017 29918.4 1.01%
3/1/2017 60376.48 17.25% 3/1/2017 29620.5 3.05%
2/1/2017 51493.13 0.22% 2/1/2017 28743.32 3.93%
1/1/2017 51378.79 1/1/2017 27655.96
β 0.50432
Rm(Monthly) 1.42%
Rm(Yearly) 18.47%
Risk Free Rate(Rf) 6.36% WACC 12.31%

Cost of Equity
ROCE - WACC 0.82%
Ke = Rf + β(Rm - Rf) 12.4652%

Market Capitalised Value (In Billion) 310.76

Market Value Of Debt(In Billion) 12.38

TOTAL 323.14
Return On Capital Employed 13.13%

Corporate Tax Rate 26.47%

Total Taxes Paid 459.77


Pre Tax Profit 1736.84

Interest Expense 2,643,000,000


Cost Of Debt 11.46%
Current Debt 11,825,200,000
Long Term Debt 11,243,900,000
Total Debt 23,069,100,000

Cost Of Debt After Tax 8.42%

CAGR 7.02%

MARKET SHARE 23.23%


CEAT Tyres
Date Adj Close RETURNS Date Close RETURNS
12/1/2021 1199.65 2.42% 12/1/2021 58253.82 2.08%
11/1/2021 1171.3 -6.14% 11/1/2021 57064.87 -3.78%
10/1/2021 1247.95 -5.53% 10/1/2021 59306.93 0.31%
9/1/2021 1320.95 4.86% 9/1/2021 59126.36 2.73%
8/1/2021 1259.679 -5.52% 8/1/2021 57552.39 9.44%
7/1/2021 1333.325 -0.56% 7/1/2021 52586.84 0.20%
6/1/2021 1340.867 2.91% 6/1/2021 52482.71 1.05%
5/1/2021 1302.91 -4.71% 5/1/2021 51937.44 6.47%
4/1/2021 1367.24 -11.17% 4/1/2021 48782.36 -1.47%
3/1/2021 1539.23 -2.07% 3/1/2021 49509.15 0.83%
2/1/2021 1571.715 8.16% 2/1/2021 49099.99 6.08%
1/1/2021 1453.161 36.56% 1/1/2021 46285.77 -3.07%
12/1/2020 1064.126 -5.96% 12/1/2020 47751.33 8.16%
11/1/2020 1131.562 5.11% 11/1/2020 44149.72 11.45%
10/1/2020 1076.598 9.31% 10/1/2020 39614.07 4.06%
9/1/2020 984.9097 13.83% 9/1/2020 38067.93 -1.45%
8/1/2020 865.222 1.00% 8/1/2020 38628.29 2.72%
7/1/2020 856.6447 -4.94% 7/1/2020 37606.89 7.71%
6/1/2020 901.1579 12.88% 6/1/2020 34915.8 7.68%
5/1/2020 798.329 0.52% 5/1/2020 32424.1 -3.84%
4/1/2020 794.1882 3.97% 4/1/2020 33717.62 14.42%
3/1/2020 763.8742 -23.12% 3/1/2020 29468.49 -23.05%
2/1/2020 993.6382 2.09% 2/1/2020 38297.29 -5.96%
1/1/2020 973.2579 1.42% 1/1/2020 40723.49 -1.29%
12/1/2019 959.6225 5.00% 12/1/2019 41253.74 1.13%
11/1/2019 913.9609 -6.62% 11/1/2019 40793.81 1.66%
10/1/2019 978.7412 5.21% 10/1/2019 40129.05 3.78%
9/1/2019 930.3136 5.66% 9/1/2019 38667.33 3.57%
8/1/2019 880.4789 12.68% 8/1/2019 37332.79 -0.40%
7/1/2019 781.3683 -11.66% 7/1/2019 37481.12 -4.86%
6/1/2019 884.4848 -5.67% 6/1/2019 39394.64 -0.80%
5/1/2019 937.6229 -7.40% 5/1/2019 39714.2 1.75%
4/1/2019 1012.591 -5.93% 4/1/2019 39031.55 0.93%
3/1/2019 1076.404 2.97% 3/1/2019 38672.91 7.82%
2/1/2019 1045.335 0.97% 2/1/2019 35867.44 -1.07%
1/1/2019 1035.282 -17.22% 1/1/2019 36256.69 0.52%
12/1/2018 1250.611 3.44% 12/1/2018 36068.33 -0.35%
11/1/2018 1209.058 10.33% 11/1/2018 36194.3 5.09%
10/1/2018 1095.84 0.27% 10/1/2018 34442.05 -4.93%
9/1/2018 1092.92 -17.71% 9/1/2018 36227.14 -6.26%
8/1/2018 1328.211 0.89% 8/1/2018 38645.07 2.76%
7/1/2018 1316.497 10.17% 7/1/2018 37606.58 6.16%
6/1/2018 1195.016 -7.47% 6/1/2018 35423.48 0.29%
5/1/2018 1291.489 -14.52% 5/1/2018 35322.38 0.46%
4/1/2018 1510.818 6.00% 4/1/2018 35160.36 6.65%
3/1/2018 1425.26 -6.11% 3/1/2018 32968.68 -3.56%
2/1/2018 1517.984 -12.03% 2/1/2018 34184.04 -4.95%
1/1/2018 1725.497 -6.80% 1/1/2018 35965.02 5.60%
12/1/2017 1851.343 8.94% 12/1/2017 34056.83 2.74%
11/1/2017 1699.397 6.99% 11/1/2017 33149.35 -0.19%
10/1/2017 1588.404 -2.37% 10/1/2017 33213.13 6.17%
9/1/2017 1626.936 0.51% 9/1/2017 31283.72 -1.41%
8/1/2017 1618.679 -8.47% 8/1/2017 31730.49 -2.41%
7/1/2017 1768.425 4.38% 7/1/2017 32514.94 5.15%
6/1/2017 1694.193 6.75% 6/1/2017 30921.61 -0.72%
5/1/2017 1587.041 10.64% 5/1/2017 31145.8 4.10%
4/1/2017 1434.473 14.85% 4/1/2017 29918.4 1.01%
3/1/2017 1248.985 12.08% 3/1/2017 29620.5 3.05%
2/1/2017 1114.339 1.16% 2/1/2017 28743.32 3.93%
1/1/2017 1101.558 1/1/2017 27655.96
β 0.61768
Rm(Monthly) 1.42%
Rm(Yearly 18.47%
Rf 6.36% WACC 13.00%

Cost of Equity
ROCE - WACC -0.08%
Ke = Rf + β(Rm - Rf) 13.8375%

Market Capitalised
48.97
Value (In Billion)
Market Value Of
Debt(In Billion) 14.08
Total 63.05
Return On Capital 12.92%
Employed

Corporate Tax Rate 11.53%

Total Taxes Paid 51.59


Pre Tax Profit 447.58

Interest Expense 1,690,500,000


Cost Of Debt 11.39%
Current Debt 765,100,000
Long Term Debt 14,079,400,000
Total Debt 14,844,500,000

Cost Of Debt After


Tax 10.08%

CAGR 1.72%

MARKET SHARE 10.94%


TVS Srichakra BSE Sensex
Date Adj Close RETURNS Date Close RETURNS
12/1/2021 1958.65 -8.00% 12/1/2021 58253.82 2.08%
11/1/2021 2128.9 -7.54% 11/1/2021 57064.87 -3.78%
10/1/2021 2302.5 7.31% 10/1/2021 59306.93 0.31%
9/1/2021 2145.6 -0.12% 9/1/2021 59126.36 2.73%
8/1/2021 2148.271 0.44% 8/1/2021 57552.39 9.44%
7/1/2021 2138.907 4.73% 7/1/2021 52586.84 0.20%
6/1/2021 2042.361 3.94% 6/1/2021 52482.71 1.05%
5/1/2021 1964.936 11.05% 5/1/2021 51937.44 6.47%
4/1/2021 1769.428 1.06% 4/1/2021 48782.36 -1.47%
3/1/2021 1750.799 -6.09% 3/1/2021 49509.15 0.83%
2/1/2021 1864.25 -0.68% 2/1/2021 49099.99 6.08%
1/1/2021 1877.064 1.62% 1/1/2021 46285.77 -3.07%
12/1/2020 1847.198 20.32% 12/1/2020 47751.33 8.16%
11/1/2020 1535.184 9.94% 11/1/2020 44149.72 11.45%
10/1/2020 1396.401 2.22% 10/1/2020 39614.07 4.06%
9/1/2020 1366.092 -7.09% 9/1/2020 38067.93 -1.45%
8/1/2020 1470.326 4.59% 8/1/2020 38628.29 2.72%
7/1/2020 1405.765 5.10% 7/1/2020 37606.89 7.71%
6/1/2020 1337.556 -3.25% 6/1/2020 34915.8 7.68%
5/1/2020 1382.503 32.17% 5/1/2020 32424.1 -3.84%
4/1/2020 1045.995 21.30% 4/1/2020 33717.62 14.42%
3/1/2020 862.3138 -40.25% 3/1/2020 29468.49 -23.05%
2/1/2020 1443.27 -12.17% 2/1/2020 38297.29 -5.96%
1/1/2020 1643.341 3.02% 1/1/2020 40723.49 -1.29%
12/1/2019 1595.198 -6.46% 12/1/2019 41253.74 1.13%
11/1/2019 1705.37 -5.80% 11/1/2019 40793.81 1.66%
10/1/2019 1810.317 5.68% 10/1/2019 40129.05 3.78%
9/1/2019 1713.069 0.99% 9/1/2019 38667.33 3.57%
8/1/2019 1696.322 13.86% 8/1/2019 37332.79 -0.40%
7/1/2019 1489.835 -16.29% 7/1/2019 37481.12 -4.86%
6/1/2019 1779.675 -8.11% 6/1/2019 39394.64 -0.80%
5/1/2019 1936.681 -5.88% 5/1/2019 39714.2 1.75%
4/1/2019 2057.594 -0.95% 4/1/2019 39031.55 0.93%
3/1/2019 2077.272 -1.77% 3/1/2019 38672.91 7.82%
2/1/2019 2114.786 -4.00% 2/1/2019 35867.44 -1.07%
1/1/2019 2202.963 -7.01% 1/1/2019 36256.69 0.52%
12/1/2018 2368.91 0.07% 12/1/2018 36068.33 -0.35%
11/1/2018 2367.301 3.30% 11/1/2018 36194.3 5.09%
10/1/2018 2291.566 -9.00% 10/1/2018 34442.05 -4.93%
9/1/2018 2518.27 -7.87% 9/1/2018 36227.14 -6.26%
8/1/2018 2733.493 -2.54% 8/1/2018 38645.07 2.76%
7/1/2018 2804.752 0.47% 7/1/2018 37606.58 6.16%
6/1/2018 2791.601 -1.32% 6/1/2018 35423.48 0.29%
5/1/2018 2829.002 -17.22% 5/1/2018 35322.38 0.46%
4/1/2018 3417.402 13.95% 4/1/2018 35160.36 6.65%
3/1/2018 2999.129 -14.85% 3/1/2018 32968.68 -3.56%
2/1/2018 3522.192 6.18% 2/1/2018 34184.04 -4.95%
1/1/2018 3317.229 -8.81% 1/1/2018 35965.02 5.60%
12/1/2017 3637.662 17.26% 12/1/2017 34056.83 2.74%
11/1/2017 3102.286 3.82% 11/1/2017 33149.35 -0.19%
10/1/2017 2988.169 4.70% 10/1/2017 33213.13 6.17%
9/1/2017 2853.999 -6.08% 9/1/2017 31283.72 -1.41%
8/1/2017 3038.802 -8.25% 8/1/2017 31730.49 -2.41%
7/1/2017 3312.08 -4.38% 7/1/2017 32514.94 5.15%
6/1/2017 3463.759 -6.71% 6/1/2017 30921.61 -0.72%
5/1/2017 3713.02 -0.18% 5/1/2017 31145.8 4.10%
4/1/2017 3719.587 16.04% 4/1/2017 29918.4 1.01%
3/1/2017 3205.405 15.69% 3/1/2017 29620.5 3.05%
2/1/2017 2770.621 -5.73% 2/1/2017 28743.32 3.93%
1/1/2017 2938.969 #DIV/0! 1/1/2017 27655.96 #DIV/0!
β 1.13384
Rm(Monthly) 1.42%
Rm(Yearly 18.47%
Rf 6.36% WACC 18.84%

Cost of Equity
ROCE - WACC -6.48%
Ke = Rf + β(Rm - Rf) 20.086%

Market Capitalised
15.12
Value (In Billion)
Market Value Of
2.08
Debt(In Billion)
TOTAL 17.2
Return On Capital 12.36%
Employed

Corporate Tax Rate 24.50%

Total Taxes Paid 23.95


Pre Tax Profit 97.77

Interest Expense 269,400,000


Cost Of Debt 12.96%
Current Debt 1,028,400,000
Long Term Debt 1,050,500,000
Total Debt 2,078,900,000

Cost Of Debt After 9.78%


Tax

CAGR -7.80%

MARKET SHARE 3.03%


Date Adj Close RETURNS Date Close RETURNS
12/1/2021 972 1.99% 12/1/2021 58253.82 2.08%
11/1/2021 953.05 -5.96% 11/1/2021 57064.87 -3.78%
10/1/2021 1013.45 -2.53% 10/1/2021 59306.93 0.31%
9/1/2021 1039.8 14.40% 9/1/2021 59126.36 2.73%
8/1/2021 908.8782 -18.36% 8/1/2021 57552.39 9.44%
7/1/2021 1113.287 15.66% 7/1/2021 52586.84 0.20%
6/1/2021 962.5734 12.48% 6/1/2021 52482.71 1.05%
5/1/2021 855.7958 7.85% 5/1/2021 51937.44 6.47%
4/1/2021 793.5236 1.71% 4/1/2021 48782.36 -1.47%
3/1/2021 780.22 -7.83% 3/1/2021 49509.15 0.83%
2/1/2021 846.4747 3.99% 2/1/2021 49099.99 6.08%
1/1/2021 813.96 3.42% 1/1/2021 46285.77 -3.07%
12/1/2020 787.0341 17.49% 12/1/2020 47751.33 8.16%
11/1/2020 669.8448 1.53% 11/1/2020 44149.72 11.45%
10/1/2020 659.7802 -4.79% 10/1/2020 39614.07 4.06%
9/1/2020 692.9485 -9.59% 9/1/2020 38067.93 -1.45%
8/1/2020 766.4467 6.49% 8/1/2020 38628.29 2.72%
7/1/2020 719.7322 16.03% 7/1/2020 37606.89 7.71%
6/1/2020 620.273 10.29% 6/1/2020 34915.8 7.68%
5/1/2020 562.4227 -2.08% 5/1/2020 32424.1 -3.84%
4/1/2020 574.3626 18.16% 4/1/2020 33717.62 14.42%
3/1/2020 486.0796 -31.66% 3/1/2020 29468.49 -23.05%
2/1/2020 711.2898 -11.77% 2/1/2020 38297.29 -5.96%
1/1/2020 806.166 2.31% 1/1/2020 40723.49 -1.29%
12/1/2019 787.9948 1.19% 12/1/2019 41253.74 1.13%
11/1/2019 778.7081 -4.83% 11/1/2019 40793.81 1.66%
10/1/2019 818.1863 8.57% 10/1/2019 40129.05 3.78%
9/1/2019 753.582 6.53% 9/1/2019 38667.33 3.57%
8/1/2019 707.3766 10.82% 8/1/2019 37332.79 -0.40%
7/1/2019 638.3016 -14.89% 7/1/2019 37481.12 -4.86%
6/1/2019 749.9741 1.80% 6/1/2019 39394.64 -0.80%
5/1/2019 736.7355 0.02% 5/1/2019 39714.2 1.75%
4/1/2019 736.5797 0.12% 4/1/2019 39031.55 0.93%
3/1/2019 735.723 9.72% 3/1/2019 38672.91 7.82%
2/1/2019 670.5417 -5.46% 2/1/2019 35867.44 -1.07%
1/1/2019 709.2457 -3.94% 1/1/2019 36256.69 0.52%
12/1/2018 738.3319 -0.29% 12/1/2018 36068.33 -0.35%
11/1/2018 740.4734 2.69% 11/1/2018 36194.3 5.09%
10/1/2018 721.0436 -0.45% 10/1/2018 34442.05 -4.93%
9/1/2018 724.2755 -9.42% 9/1/2018 36227.14 -6.26%
8/1/2018 799.5905 -12.97% 8/1/2018 38645.07 2.76%
7/1/2018 918.7866 8.46% 7/1/2018 37606.58 6.16%
6/1/2018 847.1059 -0.30% 6/1/2018 35423.48 0.29%
5/1/2018 849.6957 -12.45% 5/1/2018 35322.38 0.46%
4/1/2018 970.5098 14.59% 4/1/2018 35160.36 6.65%
3/1/2018 846.9534 -6.58% 3/1/2018 32968.68 -3.56%
2/1/2018 906.6367 6.09% 2/1/2018 34184.04 -4.95%
1/1/2018 854.6091 7.18% 1/1/2018 35965.02 5.60%
12/1/2017 797.3635 21.82% 12/1/2017 34056.83 2.74%
11/1/2017 654.535 4.86% 11/1/2017 33149.35 -0.19%
10/1/2017 624.2173 0.20% 10/1/2017 33213.13 6.17%
9/1/2017 622.9604 1.46% 9/1/2017 31283.72 -1.41%
8/1/2017 613.9921 -8.61% 8/1/2017 31730.49 -2.41%
7/1/2017 671.8649 0.98% 7/1/2017 32514.94 5.15%
6/1/2017 665.3677 9.15% 6/1/2017 30921.61 -0.72%
5/1/2017 609.5981 -8.39% 5/1/2017 31145.8 4.10%
4/1/2017 665.4053 4.82% 4/1/2017 29918.4 1.01%
3/1/2017 634.7977 18.73% 3/1/2017 29620.5 3.05%
2/1/2017 534.6378 1.19% 2/1/2017 28743.32 3.93%
1/1/2017 528.366 #DIV/0! 1/1/2017 27655.96 #DIV/0!
β 1.04756
Rm(Monthly) 1.42%
Rm(Yearly) 18.47%
Rf 6.36%
WACC 19.03%
Cost of Equity
Ke = Rf + β(Rm - Rf) 19.0415%
ROCE - WACC 2.24%

Market Capitalised
22.55
Value (In Billion)
Market Value Of
0.15
Debt(In Billion)
TOTAL 22.7
Return On Capital 21.27%
Employed

Corporate Tax Rate 25.61%

Total Taxes Paid 46.91


Pre Tax Profit 183.17

Interest Expense 35,100,000


Cost Of Debt 24.21%
Current Debt 29,000,000
Long Term Debt 116,000,000
Total Debt 145,000,000

Cost Of Debt After 18.01%


Tax

CAGR 12.97%

MARKET SHARE 1.81%


BALKRISHNA Tyres Ltd BSE Sensex
Date Adj Close RETURNS Date Close RETURNS
12/1/2021 2262.95 3.97% 12/1/2021 58253.82 2.08%
11/1/2021 2176.598 -11.36% 11/1/2021 57064.87 -3.78%
10/1/2021 2455.673 -2.94% 10/1/2021 59306.93 0.31%
9/1/2021 2529.997 10.61% 9/1/2021 59126.36 2.73%
8/1/2021 2287.301 -3.27% 8/1/2021 57552.39 9.44%
7/1/2021 2364.733 6.11% 7/1/2021 52586.84 0.20%
6/1/2021 2228.593 1.84% 6/1/2021 52482.71 1.05%
5/1/2021 2188.369 24.41% 5/1/2021 51937.44 6.47%
4/1/2021 1758.939 4.64% 4/1/2021 48782.36 -1.47%
3/1/2021 1680.978 8.97% 3/1/2021 49509.15 0.83%
2/1/2021 1542.559 -2.14% 2/1/2021 49099.99 6.08%
1/1/2021 1576.365 -3.37% 1/1/2021 46285.77 -3.07%
12/1/2020 1631.338 -0.33% 12/1/2020 47751.33 8.16%
11/1/2020 1636.713 22.95% 11/1/2020 44149.72 11.45%
10/1/2020 1331.182 -8.78% 10/1/2020 39614.07 4.06%
9/1/2020 1459.376 11.82% 9/1/2020 38067.93 -1.45%
8/1/2020 1305.073 0.06% 8/1/2020 38628.29 2.72%
7/1/2020 1304.333 4.86% 7/1/2020 37606.89 7.71%
6/1/2020 1243.904 16.93% 6/1/2020 34915.8 7.68%
5/1/2020 1063.801 15.47% 5/1/2020 32424.1 -3.84%
4/1/2020 921.2863 18.04% 4/1/2020 33717.62 14.42%
3/1/2020 780.4985 -27.02% 3/1/2020 29468.49 -23.05%
2/1/2020 1069.497 2.69% 2/1/2020 38297.29 -5.96%
1/1/2020 1041.49 7.90% 1/1/2020 40723.49 -1.29%
12/1/2019 965.2648 7.31% 12/1/2019 41253.74 1.13%
11/1/2019 899.5078 4.61% 11/1/2019 40793.81 1.66%
10/1/2019 859.9065 13.98% 10/1/2019 40129.05 3.78%
9/1/2019 754.4165 4.43% 9/1/2019 38667.33 3.57%
8/1/2019 722.408 6.68% 8/1/2019 37332.79 -0.40%
7/1/2019 677.1566 -7.11% 7/1/2019 37481.12 -4.86%
6/1/2019 729.0193 -2.95% 6/1/2019 39394.64 -0.80%
5/1/2019 751.1431 -14.79% 5/1/2019 39714.2 1.75%
4/1/2019 881.4748 -8.06% 4/1/2019 39031.55 0.93%
3/1/2019 958.7388 12.75% 3/1/2019 38672.91 7.82%
2/1/2019 850.3109 9.27% 2/1/2019 35867.44 -1.07%
1/1/2019 778.1854 -12.44% 1/1/2019 36256.69 0.52%
12/1/2018 888.7776 -3.42% 12/1/2018 36068.33 -0.35%
11/1/2018 920.2239 -12.24% 11/1/2018 36194.3 5.09%
10/1/2018 1048.579 7.17% 10/1/2018 34442.05 -4.93%
9/1/2018 978.4276 -25.04% 9/1/2018 36227.14 -6.26%
8/1/2018 1305.292 13.04% 8/1/2018 38645.07 2.76%
7/1/2018 1154.764 15.78% 7/1/2018 37606.58 6.16%
6/1/2018 997.4095 -8.13% 6/1/2018 35423.48 0.29%
5/1/2018 1085.62 -10.95% 5/1/2018 35322.38 0.46%
4/1/2018 1219.083 18.90% 4/1/2018 35160.36 6.65%
3/1/2018 1025.316 -0.99% 3/1/2018 32968.68 -3.56%
2/1/2018 1035.52 -4.82% 2/1/2018 34184.04 -4.95%
1/1/2018 1088.012 -4.73% 1/1/2018 35965.02 5.60%
12/1/2017 1141.983 11.59% 12/1/2017 34056.83 2.74%
11/1/2017 1023.381 25.90% 11/1/2017 33149.35 -0.19%
10/1/2017 812.8707 0.36% 10/1/2017 33213.13 6.17%
9/1/2017 809.9772 8.65% 9/1/2017 31283.72 -1.41%
8/1/2017 745.5092 -3.35% 8/1/2017 31730.49 -2.41%
7/1/2017 771.3582 -2.36% 7/1/2017 32514.94 5.15%
6/1/2017 789.9844 13.20% 6/1/2017 30921.61 -0.72%
5/1/2017 697.8738 -3.44% 5/1/2017 31145.8 4.10%
4/1/2017 722.749 9.77% 4/1/2017 29918.4 1.01%
3/1/2017 658.4352 7.12% 3/1/2017 29620.5 3.05%
2/1/2017 614.6429 15.35% 2/1/2017 28743.32 3.93%
1/1/2017 532.8407 1/1/2017 27655.96
β 0.98098
Rm(Monthly) 1.42% WACC 17.85%
Rm(yearly) 18.47%
Rf 6.36%
ROCE - WACC 7.15%
Cost of Equity
Ke = Rf + β(Rm - Rf) 18.2355%

Market Capitalised
448.46
Value (In Billion)

Market Value Of Debt 10.02

Total Cap Employed 458.48


Return On Capital
Employed(ROCE) 25%

Corporate Tax Rate 24.27%

Total Taxes Paid 377.39


Pre Tax Profit 1554.92
Interest Expense 86400000
Cost Of Debt 0.86%
Current Debt 9,994,500,000
Long Term Debt 15,800,000
Total Debt 10,010,300,000

Cost Of Debt After Tax 0.65%

CAGR 33.54%

MARKET SHARE 9.14%


Month Close
1/1/2017 27655.96
2/1/2017 28743.32
3/1/2017 29620.5
4/1/2017 29918.4
5/1/2017 31145.8
6/1/2017 30921.61
7/1/2017 32514.94
8/1/2017 31730.49
9/1/2017 31283.72
10/1/2017 33213.13
11/1/2017 33149.35
12/1/2017 34056.83
1/1/2018 35965.02
2/1/2018 34184.04
3/1/2018 32968.68
4/1/2018 35160.36
5/1/2018 35322.38
6/1/2018 35423.48
7/1/2018 37606.58
8/1/2018 38645.07
9/1/2018 36227.14
10/1/2018 34442.05
11/1/2018 36194.3
12/1/2018 36068.33
1/1/2019 36256.69
2/1/2019 35867.44
3/1/2019 38672.91
4/1/2019 39031.55
5/1/2019 39714.2
6/1/2019 39394.64
7/1/2019 37481.12
8/1/2019 37332.79
9/1/2019 38667.33
10/1/2019 40129.05
11/1/2019 40793.81
12/1/2019 41253.74
1/1/2020 40723.49
2/1/2020 38297.29
3/1/2020 29468.49
4/1/2020 33717.62
5/1/2020 32424.1
6/1/2020 34915.8
7/1/2020 37606.89
8/1/2020 38628.29
9/1/2020 38067.93
10/1/2020 39614.07
11/1/2020 44149.72
12/1/2020 47751.33
1/1/2021 46285.77
2/1/2021 49099.99
3/1/2021 49509.15
4/1/2021 48782.36
5/1/2021 51937.44
6/1/2021 52482.71
7/1/2021 52586.84
8/1/2021 57552.39
9/1/2021 59126.36
10/1/2021 59306.93
11/1/2021 57064.87
12/1/2021 58253.82

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