Beta is a financial metric that measures the volatility or risk of an individual stock or asset in relation 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.
Trent Limited
1 Year Beta – 0.67
Trent Limited, part of the Tata Group, is a leading Indian retailer known for brands like Westside and Starbucks India. Founded in 1998, it offers a wide range of apparel, lifestyle products, and home goods. The company has successfully expanded into e-commerce, providing an omnichannel shopping experience. With a strong supply chain and a focus on quality and innovation, Trent continues to be a major player in India’s retail industry.
The stock is trading at Beta of 0.67 with an yearly returns of 106.88 percent , the company revenue has risen by 37 percent from Rs. 3062.47 to Rs. 4,204.65 Meanwhile, Net profit rose from Rs 234.73 crores to Rs 338.75 crore during the same period.
Indian Hotels Limited
1 Year Beta – 0.53
Indian Hotels Company Limited (IHCL), a part of the Tata Group, is a major player in the Indian hospitality industry, operating renowned brands like Taj, Vivanta, and Ginger. With a legacy of over 100 years, IHCL offers luxury and world-class service across its hotels, resorts, and palaces, both in India and internationally.
The stock is trading at Beta of 0.53 with an yearly returns of 74.57 percent , the company revenue has risen by 27.64 percent from Rs. 1,480.87 to Rs. 1890.22 Meanwhile, Net profit rose from Rs 166.92 crores to Rs 554.58 crore during the same period.
Tech Mahindra Limited
1 Year Beta – 0.59
Tech Mahindra is a global IT services company and a subsidiary of the Mahindra Group, offering solutions in digital transformation, cybersecurity, and AI. It serves diverse sectors including telecom, banking, and healthcare, with a strong focus on innovation and customer-centric services, making it a leader in the global IT industry.
The stock is trading at Beta of 0.59 with an yearly returns of 37.32 percent , the company revenue has risen by 5.37 percent from Rs. 13,128 to Rs. 13,834 Meanwhile, Net profit rose from Rs 493.9 crores to Rs 1,250.1 crore during the same period.
Sun Pharmaceutical Industries Ltd
1 Year Beta – 0.92
Sun Pharmaceutical Industries is one of India’s largest pharmaceutical companies, specializing in generic medications, branded drugs, and active pharmaceutical ingredients. With a global presence, Sun Pharma is committed to high-quality, affordable healthcare solutions and is a leader in the global pharmaceutical market.
The stock is trading at Beta of 0.92 with an yearly returns of 34.46 percent , the company revenue has risen by 9.28 percent from Rs. 12,486 to Rs.13,645 Meanwhile, Net profit rose from Rs 2,375.51 crores to Rs 3,040.16 crore during the same period.
Power Grid Corporation of India Ltd
1 Year Beta – 0.62
Power Grid Corporation of India Limited (PGCIL) is a state-owned utility company responsible for power transmission across India. It operates one of the largest transmission networks, supporting India’s power infrastructure. PGCIL is focused on expanding the national grid and promoting sustainable energy solutions, playing a key role in the country’s energy sector.
The stock is trading at Beta of 0.62 with an yearly returns of 27.01 percent , the company revenue has risen by 2.73 percent from Rs. 11,530 to Rs. 11,845 Meanwhile, Net profit rose from Rs 3,781.42 crores to Rs 3,793.02 crore during the same period.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
