Financial Management-2.

Project on Cement Industries

SCHOOL OF MANAGEMENT AND ENTREPRENEURSHIP
Shiv Nadar University

Group 5:-
Ashutosh Choudhary
Vivek Dixit
Vignesh
Garima
Vikas
Paras
Sources Used:-
 Money Control
 Economic Times
 Reuters
 Screener
 Investing.com

We took data from economic times as it is using regression to calculate beta.

No credibility of the data from other sources i.e. how they are calculating the
Beta.

The bottom up beta will give you a better estimate of the true beta when the standard error of
the beta from the regression is high (and) the beta for a firm is very different from the average 3
for the business 3
Outcome:-
Company Levered Beta Relevered Beta
Ultratech 1.23 1.661389
Shree 1.16 1.149523
Ramco 1.44 1.155725
Dalmia 1.14 1.106477
JK cements 0.67 1.585515
Star cement 0.75 1.121156
India cement 2.27 1.426701
Ramco Ind 0.69
Orient 1.49
Sagar 0.79
HIL 1.35
Sanghi 1.24
KCP 1.13
Mangalam 1.5
THANK YOU