Beta is a financial metric that measures the volatility or risk of an individual stock or asset to the overall market. It indicates how much a stock’s price is expected to change in response to market movements.
A beta of 1 means the stock moves in line with the market, while a beta greater than 1 indicates higher volatility and risk, meaning the stock tends to move more than the market. Conversely, a beta less than 1 suggests the stock is less volatile than the market. A negative beta implies the stock moves in the opposite direction to the market.
Here is the list of stocks:
Grindwell Norton Limited
1 Year Beta – 0.54
Grindwell Norton Limited is a leading manufacturer of abrasives, ceramics, and refractory products in India. It is a part of the global Saint-Gobain Group and serves diverse industries like automotive, aerospace, and construction. The company is recognized for its innovation in industrial solutions.
The stock is trading at a Beta of 0.54 with a market capitalization of Rs. 21,066 crores, the company revenue has risen by 3.9 percent from Rs. 689.99 crores to Rs. 717.28 crores in Q2FY25. Meanwhile, Net profit fell from Rs. 101.89 crore to Rs 96.18 crore during the same period.
Grindwell Norton Limited has an impressive Return on Equity (RoE) of 18.19 percent and a Return on Capital Employed (RoCE) of 23.58 percent. Furthermore, the company’s debt-to-equity ratio is 0.04.
Natco Pharma Limited
1 Year Beta – 0.70
Natco Pharma Limited is an Indian multinational pharmaceutical company focused on the production of generic drugs, active pharmaceutical ingredients (APIs), and over-the-counter (OTC) medicines. It is known for its leadership in oncology, cardiology, and other therapeutic segments. Natco has a strong global presence in both emerging and developed markets.
The stock is trading at a Beta of 0.70 with a market capitalization of Rs. 23,774 crores, the company revenue has risen by 35.2 percent from Rs. 1,060.8 crores to Rs. 1,434.9 crores in Q2FY25. Meanwhile, Net profit rose from Rs. 369 crore to Rs. 677.3 crore during the same period.
Natco Pharma Limited has an impressive Return on Equity (RoE) of 27.2 percent and a Return on Capital Employed (RoCE) of 32.27 percent. Furthermore, the company’s debt-to-equity ratio is 0.03.
Emami Limited
1 Year Beta – 0.74
Emami Limited is a leading FMCG company in India, specializing in personal care, healthcare, and beauty products. Known for iconic brands like Fair and Handsome, Zandu, and Navratna, Emami has a strong presence in both domestic and international markets. The company focuses on innovation and sustainability in its product offerings.
The stock is trading at a Beta of 0.74 with a market capitalization of Rs. 25,157 crores, the company revenue has risen by 5.07 percent from Rs. 1,013.03 crores to Rs. 1,064.41 crores in Q3FY25. Meanwhile, Net profit rose from Rs. 258.41 crore to Rs. 278.99 crore during the same period.
Emami Limited has an impressive Return on Equity (RoE) of 29.39 percent and a Return on Capital Employed (RoCE) of 31.36 percent. Furthermore, the company’s debt-to-equity ratio is 0.03.
Written by Sridhar J
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