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.
Here are the list of stocks:
TCS Ltd
1 Year Beta – 0.40
TCS is one of the largest IT services and consulting companies globally. It provides a wide range of services, including software development, cloud solutions, and digital transformation, to clients across various industries like banking, healthcare, and retail. A subsidiary of Tata Group, TCS is known for its strong market presence and consistent financial performance.
The stock is trading at Beta of 0.40 with a market capitalization of Rs. 15,02,953 crores, the company revenue has risen by 6.14 percent from Rs. 61,445 crores to Rs. 65,216 crores. Meanwhile, Net profit rose from Rs 11,058 crores to Rs 12,380 crore during the same period.
TCS Limited has an impressive Return on Equity (RoE) of 46.76 percent and a Return on Capital Employed (RoCE) of 57.6 percent and Furthermore, the company’s debt-to-equity ratio is 0.09.
Hindustan Unilever Ltd
1 Year Beta – 0.63
HUL is a major FMCG company in India, part of the global Unilever group. It produces a wide range of products in categories like home care, beauty, health, and foods. With strong brands like Surf Excel, Dove, and Lipton, HUL holds a dominant position in the Indian market and has a focus on sustainability and innovation in its product offerings.
The stock is trading at Beta of 0.63 with a market capitalization of Rs. 5,50,497 crores, the company revenue has risen by 1.7 percent from Rs. 15,781 crores to Rs. 16,050 crores Meanwhile, Net profit rose from Rs 2,509 crores to Rs 2,984 crore during the same period.
HUL Limited has an impressive Return on Equity (RoE) of 20.22 percent and a Return on Capital Employed (RoCE) of 24.61 percent and Furthermore, the company’s debt-to-equity ratio is 0.03.
HCL Technologies Ltd
1 Year Beta – 0.43
HCL Technologies is a leading global IT services and consulting firm that offers software development, engineering, and digital transformation services. Known for its innovative solutions, it serves industries such as financial services, manufacturing, and healthcare. HCL Technologies is recognized for its customer-centric approach and strong focus on digital technologies.
The stock is trading at Beta of 0.63 with a market capitalization of Rs. 4,95,895 crores, the company revenue has risen by 5.38 percent from Rs. 28,816 crores to Rs. 30,367 crores Meanwhile, Net profit rose from Rs 4,350 crores to Rs 4,591 crore during the same period.
HCL Tech Limited has an impressive Return on Equity (RoE) of 24.43 percent and a Return on Capital Employed (RoCE) of 30.34 percent and Furthermore, the company’s debt-to-equity ratio is 0.08.
Cipla Ltd
1 Year Beta – 0.74
Cipla is a leading Indian pharmaceutical company known for manufacturing generic medications and active pharmaceutical ingredients (APIs). It offers a wide range of therapeutic products, including those for respiratory, oncology, and cardiovascular diseases. Cipla has a strong global presence and is committed to improving healthcare access worldwide.
The stock is trading at Beta of 0.74 with a market capitalization of Rs. 1,16,239 crores, the company revenue has risen by 5.65 percent from Rs. 6,854.47 crores to Rs. 7,241.63 crores Meanwhile, Net profit rose from Rs 1,130.91 crores to Rs 1,302.53 crore during the same period.
Cipla Limited has an impressive Return on Equity (RoE) of 15.78 percent and a Return on Capital Employed (RoCE) of 21.42 percent. Furthermore, the company’s debt-to-equity ratio is 0.02.
Written by Sridhar J
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