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 is the list of stocks to look out for
3M India Ltd
3M India is the Indian arm of the global technology company 3M, known for its diversified product portfolio. It operates in various segments such as healthcare, consumer goods, safety, and industrial solutions. The company is known for brands like Post-it, Scotch, and various industrial adhesives and abrasives.
The stock is trading at a 1-Year Beta of 0.77 with a market capitalization of Rs. 32,668.76 crores, the company’s revenue has risen from Rs. 1,047 crores to Rs. 1,196 crores in Q1FY25-26. Meanwhile, Net profit rose from Rs. 157 crore to Rs. 178 crore during the same period.
It has an impressive Return on Equity (RoE) of 23.8 percent and a Return on Capital Employed (RoCE) of 38.2 percent. Furthermore, the company’s debt-to-equity ratio is 0.05.
Coforge Ltd
Coforge is a global IT services company formerly known as NIIT Technologies. It provides digital services across sectors such as insurance, travel, and financial services. The company focuses on digital transformation, cloud, data, and AI solutions. With a strong international presence, Coforge emphasizes deep domain expertise and long-term client relationships.
The stock is trading at a 1-Year Beta of 0.74 with a market capitalization of Rs. 57,218 crores, the company’s revenue has risen from Rs. 2,357 crores to Rs. 3,689 crores in Q1FY25-26. Meanwhile, Net profit rose from Rs. 139 crore to Rs. 356 crore during the same period.
It has an impressive Return on Equity (RoE) of 16.0 percent and a Return on Capital Employed (RoCE) of 20.3 percent. Furthermore, the company’s debt-to-equity ratio is 0.17.
Coromandel International Ltd
Coromandel International is a leading Indian agri-solutions provider, primarily in fertilizers, crop protection, and specialty nutrients. It is part of the Murugappa Group and has a strong rural distribution network. The company plays a key role in supporting sustainable agriculture in India, and it also engages in agri-advisory services and digital farming solutions.
The stock is trading at a 1-Year Beta of 0.63 with a market capitalization of Rs. 65,918 crores, the company’s revenue has risen from Rs. 4,729 crores to Rs. 7,042 crores in Q1FY25-26. Meanwhile, Net profit rose from Rs. 309 crore to Rs. 502 crore during the same period.
It has an impressive Return on Equity (RoE) of 16.9 percent and a Return on Capital Employed (RoCE) of 23.2 percent. Furthermore, the company’s debt-to-equity ratio is 0.07.
Colgate-Palmolive (India) Ltd
This is the Indian subsidiary of the global consumer products giant Colgate-Palmolive. It is best known for its oral care products, especially toothpaste and toothbrushes, and holds a dominant market share in that space. The company also markets personal care and hygiene products. It has a strong brand presence and wide distribution across urban and rural India.
The stock is trading at a 1-Year Beta of 0.51 with a market capitalization of Rs. 60,125 crores, the company’s revenue has declined from Rs. 1,497 crores to Rs. 1,434 crores in Q1FY25-26. Meanwhile, Net profit declined from Rs. 364 crore to Rs. 321 crore during the same period.
It has an impressive Return on Equity (RoE) of 81.2 percent and a Return on Capital Employed (RoCE) of 105 percent. Furthermore, the company’s debt-to-equity ratio is 0.04.
Gillette India Ltd
Gillette India, part of Procter & Gamble (P&G), is best known for its shaving and grooming products. Its flagship brands include Gillette razors, blades, and shaving foams. The company also sells oral care products under the Oral-B brand. Gillette India focuses on male grooming and has strong brand recognition across the country.
The stock is trading at a 1-Year Beta of 0.32 with a market capitalization of Rs. 30,918 crores, the company’s revenue has risen from Rs. 645 crores to Rs. 707 crores in Q1FY25-26. Meanwhile, Net profit rose from Rs. 116 crore to Rs. 146 crore during the same period.
It has an impressive Return on Equity (RoE) of 41.6 percent and a Return on Capital Employed (RoCE) of 56.1 percent. Furthermore, the company’s debt-to-equity ratio is 0.
Written by Sridhar J
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