Ambuja Cements Ltd (2011 - 2012)

Industry : Cement - Major - North India

Date

Ambuja Closing Share Price

Nifty

Daily return Ambuja

28-Jan-11
31-Jan-11

128.05 5,512.15
126.55 5,505.90

-1.1714174151

1-Feb-11
2-Feb-11

121.45 5,417.20
121.25 5,432.00

-4.0300276571
-0.1646768217

3-Feb-11
4-Feb-11

125.05 5,526.75
120.7 5,395.75

3.1340206186
-3.4786085566

7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
16-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11
9-Mar-11
10-Mar-11
11-Mar-11
14-Mar-11
15-Mar-11
16-Mar-11
17-Mar-11
18-Mar-11
21-Mar-11
22-Mar-11

119.6
119.05
118.65
117.55
116.5
118.9
119.1
121.7
125.8
124.3
126.4
124
124.4
123.1
124.1
118
121.8
123.05
123.25
123.45
124.45
127.55
129.25
125.9
127.4
125.2
129.95
132.35
132.1
128.85
131.45

-0.9113504557
-0.4598662207
-0.3359932801
-0.9270965023
-0.8932369205
2.0600858369
0.1682085786
2.1830394626
3.3689400164
-1.1923688394
1.6894609815
-1.8987341772
0.3225806452
-1.0450160772
0.8123476848
-4.9153908139
3.2203389831
1.026272578
0.1625355547
0.1622718053
0.8100445525
2.490960225
1.3328106625
-2.5918762089
1.1914217633
-1.726844584
3.7939297125
1.8468641785
-0.1888930865
-2.4602573808
2.0178502134

5,396.00
5,312.55
5,253.55
5,225.80
5,310.00
5,456.00
5,481.00
5,481.70
5,546.45
5,458.95
5,518.60
5,469.20
5,437.35
5,262.70
5,303.55
5,333.25
5,522.30
5,536.20
5,538.75
5,463.15
5,520.80
5,531.00
5,494.40
5,445.45
5,531.50
5,449.65
5,511.15
5,446.65
5,373.70
5,364.75
5,413.85

23-Mar-11
24-Mar-11
25-Mar-11
28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11
1-Apr-11
4-Apr-11
5-Apr-11
6-Apr-11
7-Apr-11
8-Apr-11
11-Apr-11
13-Apr-11
15-Apr-11
18-Apr-11
19-Apr-11
20-Apr-11
21-Apr-11
25-Apr-11
26-Apr-11
27-Apr-11
28-Apr-11
29-Apr-11
2-May-11
3-May-11
4-May-11
5-May-11
6-May-11
9-May-11
10-May-11
11-May-11
12-May-11
13-May-11
16-May-11
17-May-11
18-May-11
19-May-11
20-May-11
23-May-11
24-May-11
25-May-11
26-May-11
27-May-11

132.65
135.55
138
137.95
138.5
149.85
147.05
146.8
148.4
151.45
150.55
151.25
149.8
149
152.85
150.75
150.1
150.45
154.2
152.25
155.65
157.5
150.85
150.75
155.4
153.3
149.7
141.75
136.8
140.3
139
137.1
136.05
133.65
135.95
138.4
134.5
134.65
132.65
131.15
130.65
134.15
136.3
137.8
136.4

5,480.25
5,522.40
5,654.25
5,687.25
5,736.35
5,787.65
5,833.75
5,826.05
5,908.45
5,910.05
5,891.75
5,885.70
5,842.00
5,785.70
5,911.50
5,824.55
5,729.10
5,740.75
5,851.65
5,884.70
5,874.50
5,868.40
5,833.90
5,785.45
5,749.50
5,701.30
5,565.25
5,537.15
5,459.85
5,551.45
5,551.10
5,541.25
5,565.05
5,486.15
5,544.75
5,499.00
5,438.95
5,420.60
5,428.10
5,486.35
5,386.55
5,394.85
5,348.95
5,412.35
5,476.10

0.9128946367
2.186204297
1.807451125
-0.0362318841
0.3986951794
8.1949458484
-1.8685352019
-0.1700102006
1.0899182561
2.0552560647
-0.5942555299
0.4649618067
-0.958677686
-0.5340453939
2.5838926174
-1.3738959764
-0.4311774461
0.2331778814
2.4925224327
-1.2645914397
2.2331691297
1.1885640861
-4.2222222222
-0.0662910176
3.0845771144
-1.3513513514
-2.3483365949
-5.3106212425
-3.4920634921
2.5584795322
-0.9265858874
-1.3669064748
-0.7658643326
-1.7640573319
1.720912832
1.8021331372
-2.8179190751
0.1115241636
-1.4853323431
-1.130795326
-0.3812428517
2.6789131267
1.6026835632
1.100513573
-1.0159651669

30-May-11
31-May-11
1-Jun-11
2-Jun-11
3-Jun-11
6-Jun-11
7-Jun-11
8-Jun-11
9-Jun-11
10-Jun-11
13-Jun-11
14-Jun-11
15-Jun-11
16-Jun-11
17-Jun-11
20-Jun-11
21-Jun-11
22-Jun-11
23-Jun-11
24-Jun-11
27-Jun-11
28-Jun-11
29-Jun-11
30-Jun-11
1-Jul-11
4-Jul-11
5-Jul-11
6-Jul-11
7-Jul-11
8-Jul-11
11-Jul-11
12-Jul-11
13-Jul-11
14-Jul-11
15-Jul-11
18-Jul-11
19-Jul-11
20-Jul-11
21-Jul-11
22-Jul-11
25-Jul-11
26-Jul-11
27-Jul-11
28-Jul-11
29-Jul-11

134.4
138.7
143.15
142.4
142.35
142.2
141.5
140.75
138.15
136.15
136
134.9
131.9
125.8
128.15
125.45
129.05
129.95
128
133.1
132
131.5
131.85
133.1
129.9
129.55
128.65
126.85
129.35
126.3
124.1
122.05
123.25
126.2
126.2
126.25
127.5
126.8
126.25
129.6
131.3
129.5
130.65
133
129.3

5,473.10
5,560.15
5,592.00
5,550.35
5,516.75
5,532.05
5,556.15
5,526.85
5,521.05
5,485.80
5,482.80
5,500.50
5,447.50
5,396.75
5,366.40
5,257.90
5,275.85
5,278.30
5,320.00
5,471.25
5,526.60
5,545.30
5,600.45
5,647.40
5,627.20
5,650.50
5,632.10
5,625.45
5,728.95
5,660.65
5,616.10
5,526.15
5,585.45
5,599.80
5,581.10
5,567.05
5,613.55
5,567.05
5,541.60
5,633.95
5,680.30
5,574.85
5,546.80
5,487.75
5,482.00

-1.4662756598
3.1994047619
3.2083633742
-0.5239259518
-0.0351123596
-0.105374078
-0.4922644163
-0.5300353357
-1.8472468917
-1.4477017734
-0.1101726037
-0.8088235294
-2.223869533
-4.6247156937
1.8680445151
-2.1069059696
2.8696691909
0.6974041069
-1.5005771451
3.984375
-0.826446281
-0.3787878788
0.2661596958
0.9480470231
-2.4042073629
-0.2694380293
-0.6947124662
-1.399144967
1.970831691
-2.357943564
-1.7418844022
-1.6518936342
0.9832036051
2.3935091278
0
0.0396196513
0.9900990099
-0.5490196078
-0.4337539432
2.6534653465
1.3117283951
-1.3709063214
0.888030888
1.7986988136
-2.7819548872

1-Aug-11
2-Aug-11
3-Aug-11
4-Aug-11
5-Aug-11
8-Aug-11
9-Aug-11
10-Aug-11
11-Aug-11
12-Aug-11
16-Aug-11
17-Aug-11
18-Aug-11
19-Aug-11
22-Aug-11
23-Aug-11
24-Aug-11
25-Aug-11
26-Aug-11
29-Aug-11
30-Aug-11
2-Sep-11
5-Sep-11
6-Sep-11
7-Sep-11
8-Sep-11
9-Sep-11
12-Sep-11
13-Sep-11
14-Sep-11
15-Sep-11
16-Sep-11
19-Sep-11
20-Sep-11
21-Sep-11
22-Sep-11
23-Sep-11
26-Sep-11
27-Sep-11
28-Sep-11
29-Sep-11
30-Sep-11
3-Oct-11
4-Oct-11
5-Oct-11

129.3
128.4
129.25
127.15
124.35
124.65
128.15
128.6
130
130.85
133
133.85
132.95
132.2
132.05
133.25
132.1
135.85
132.1
133.05
133.1
135.35
132.7
138.85
147.55
146.7
138.95
143.4
145.45
145.95
150.15
143.65
143.9
146.55
149.35
143.75
144.65
146.7
147.8
146.85
147.15
148.6
148.85
148.75
149

5,516.80
5,456.55
5,404.80
5,331.80
5,211.25
5,118.50
5,072.85
5,161.00
5,138.30
5,072.95
5,035.80
5,056.60
4,944.15
4,845.65
4,898.80
4,948.90
4,888.90
4,839.60
4,747.80
4,919.60
5,001.00
5,040.00
5,017.20
5,064.30
5,124.65
5,153.25
5,059.45
4,946.80
4,940.95
5,012.55
5,075.70
5,084.25
5,031.95
5,140.20
5,133.25
4,923.65
4,867.75
4,835.40
4,971.25
4,945.90
5,015.45
4,943.25
4,849.50
4,772.15
4,751.30

0
-0.6960556845
0.6619937695
-1.6247582205
-2.2021234762
0.2412545235
2.8078620136
0.3511509949
1.0886469673
0.6538461538
1.6431027895
0.6390977444
-0.6723944714
-0.5641218503
-0.1134644478
0.9087466869
-0.8630393996
2.8387585163
-2.7603974972
0.7191521575
0.0375798572
1.690458302
-1.9578869597
4.6345139412
6.2657544112
-0.5760759065
-5.2828902522
3.20259086
1.429567643
0.3437607425
2.8776978417
-4.329004329
0.1740341107
1.8415566366
1.9106107131
-3.7495815199
0.6260869565
1.4172139647
0.7498295842
-0.6427604871
0.2042900919
0.9853890588
0.1682368775
-0.0671817266
0.1680672269

7-Oct-11
10-Oct-11
11-Oct-11
12-Oct-11
13-Oct-11
14-Oct-11
17-Oct-11
18-Oct-11
19-Oct-11
20-Oct-11
21-Oct-11
24-Oct-11
25-Oct-11
26-Oct-11
28-Oct-11
31-Oct-11
1-Nov-11
2-Nov-11
3-Nov-11
4-Nov-11
8-Nov-11
9-Nov-11
11-Nov-11
14-Nov-11
15-Nov-11
16-Nov-11
17-Nov-11
18-Nov-11
21-Nov-11
22-Nov-11
23-Nov-11
24-Nov-11
25-Nov-11
28-Nov-11
29-Nov-11
30-Nov-11
1-Dec-11
2-Dec-11
5-Dec-11
7-Dec-11
8-Dec-11
9-Dec-11
12-Dec-11
13-Dec-11
14-Dec-11

145.15
144.5
144.7
149.1
147.15
149.15
152.45
152.3
155.3
154.05
150.4
151.05
153.85
154.15
160.1
155.4
154.7
156.55
157.15
161
162.9
160.55
162.95
162.45
160.5
157.65
153.5
153.2
149.65
148.3
146.35
150.1
146.65
149.6
146.45
148.4
149.2
159.95
162.25
161.3
160.2
159.25
153.45
150.45
150.7

4,888.05
4,979.60
4,974.35
5,099.40
5,077.85
5,132.30
5,118.25
5,037.50
5,139.15
5,091.90
5,049.95
5,098.35
5,191.60
5,201.80
5,360.70
5,326.60
5,257.95
5,258.45
5,265.75
5,284.20
5,289.35
5,221.05
5,168.85
5,148.35
5,068.50
5,030.45
4,934.75
4,905.80
4,778.35
4,812.35
4,706.45
4,756.45
4,710.05
4,851.30
4,805.10
4,832.05
4,936.85
5,050.15
5,039.15
5,062.60
4,943.65
4,866.70
4,764.60
4,800.60
4,763.25

-2.5838926174
-0.4478126076
0.1384083045
3.0407740152
-1.3078470825
1.3591573225
2.2125377137
-0.0983929157
1.9697964544
-0.804893754
-2.3693605972
0.4321808511
1.8536908309
0.1949951251
3.8598767434
-2.9356652092
-0.4504504505
1.1958629606
0.3832641329
2.4498886414
1.1801242236
-1.4426028238
1.4948614139
-0.3068425898
-1.2003693444
-1.7757009346
-2.6324135744
-0.1954397394
-2.317232376
-0.9021049115
-1.3149022252
2.5623505296
-2.2984676882
2.0115922264
-2.1056149733
1.3315124616
0.539083558
7.2050938338
1.4379493592
-0.5855161787
-0.6819590825
-0.5930087391
-3.6420722135
-1.9550342131
0.1661681622

15-Dec-11
16-Dec-11
19-Dec-11
20-Dec-11
21-Dec-11
22-Dec-11
23-Dec-11
26-Dec-11
27-Dec-11
28-Dec-11
29-Dec-11
30-Dec-11

153.65
153.05
153.4
149.95
155.3
155.55
155.8
160.05
163.05
162.75
157.6
155.4

4,746.35
4,651.60
4,613.10
4,544.20
4,693.15
4,733.85
4,714.00
4,779.00
4,750.50
4,705.80
4,646.25
4,624.30

1.9575315196
-0.3904978848
0.2286834368
-2.2490221643
3.567855952
0.1609787508
0.1607200257
2.7278562259
1.8744142455
-0.1839926403
-3.1643625192
-1.3959390863

ments Ltd (2011 - 2012)

ement - Major - North India

Daily return Nifty

-0.1133858839
-1.61099911
0.2732038692
1.7442930781
-2.3702899534
0.0046332762
-1.5465159377
-1.1105777828
-0.5282142551
1.6112365571
2.7495291902
0.4582111437
0.0127713921
1.1812029115
-1.5775856629
1.0927009773
-0.8951545682
-0.5823520807
-3.2120426311
0.7762175309
0.5600022626
3.5447428866
0.2517067164
0.0460604747
-1.36492891
1.0552520066
0.1847558325
-0.6617248237
-0.8909071054
1.5802183474
-1.4797071319
1.1285128403
-1.1703546447
-1.3393553836
-0.1665519102
0.9152337015

1.2264839255
0.7691254961
2.3875488918
0.5836317814
0.8633346521
0.8942968961
0.7965236322
-0.1319905721
1.4143373298
0.0270798602
-0.3096420504
-0.1026859592
-0.7424775303
-0.9637110579
2.1743263564
-1.4708618794
-1.6387532084
0.2033478208
1.9318033358
0.564797963
-0.173330841
-0.1038386246
-0.5878944857
-0.8304907523
-0.621386409
-0.8383337682
-2.3862978619
-0.5049189165
-1.3960250309
1.6777017684
-0.0063046591
-0.1774423087
0.4295059779
-1.4177770191
1.0681443271
-0.8251048289
-1.0920167303
-0.337381296
0.138361067
1.0731195077
-1.8190600308
0.1540874957
-0.850811422
1.1852793539
1.1778617421

-0.0547835138
1.5905062944
0.5728262727
-0.74481402
-0.6053672291
0.2773372003
0.4356432064
-0.5273435742
-0.1049422365
-0.6384655093
-0.0546866455
0.3228277522
-0.9635487683
-0.9316200092
-0.5623755038
-2.0218395945
0.3413910497
0.0464380147
0.7900270921
2.8430451128
1.0116518163
0.3383635508
0.9945359133
0.8383254917
-0.3576867231
0.4140602786
-0.3256348996
-0.1180731876
1.8398528118
-1.192190541
-0.7870120923
-1.6016452698
1.0730798114
0.2569175268
-0.3339404979
-0.251742488
0.8352718226
-0.8283528249
-0.4571541481
1.6664862134
0.8226910072
-1.8564160344
-0.5031525512
-1.0645777746
-0.1047788256

0.6348048158
-1.0921186195
-0.9484014625
-1.3506512729
-2.2609625267
-1.7798033101
-0.8918628504
1.7376819736
-0.4398372408
-1.2718214195
-0.7323155166
0.4130426149
-2.2238262864
-1.9922534713
1.0968600704
1.0226994366
-1.2123906323
-1.0084067991
-1.8968509794
3.6185180505
1.6546060655
0.7798440312
-0.4523809524
0.938770629
1.1916750587
0.5580868937
-1.8202105467
-2.2265265987
-0.118258268
1.4491140368
1.2598378071
0.168449672
-1.0286669617
2.1512534902
-0.1352087467
-4.0831831686
-1.1353365897
-0.6645780905
2.8094883567
-0.5099321096
1.406215249
-1.439551785
-1.8965255652
-1.5950097948
-0.4369099882

2.8781596616
1.872935015
-0.105430155
2.513896288
-0.4225987371
1.0723042232
-0.2737564055
-1.5776876862
2.017866005
-0.9194127434
-0.8238574992
0.9584253309
1.8290231153
0.1964712227
3.0547118305
-0.6361109557
-1.2888146285
0.0095094096
0.1388241782
0.3503774391
0.0974603535
-1.2912739751
-0.999798891
-0.3966065953
-1.5509823536
-0.7507152017
-1.9024142969
-0.586655859
-2.5979452892
0.7115426873
-2.2005880703
1.0623718514
-0.9755174552
2.9989065933
-0.952322058
0.560862417
2.1688517296
2.294985669
-0.2178153124
0.4653562605
-2.3495832181
-1.5565422309
-2.0979308361
0.7555723461
-0.7780277465

-0.3547997691
-1.9962708186
-0.8276721988
-1.4935726518
3.2778046741
0.8672213758
-0.4193204263
1.3788714468
-0.5963590709
-0.9409535838
-1.2654596455
-0.4724239978

Beta for Year 2011

Beta using
Regression

0.796443

Covarience
Varience

1.398047
1.763097

Beta using
Covariance

0.79295

Rm
Rf
Cost of Equity

-24.90742
7.72
-18.26588

Ambuja Cements Ltd (2012 - 2013)

Industry : Cement - Major - North India

Date

Ambuja Closing Share Price

Nifty

Daily return Ambuja

2-Jan-12
3-Jan-12

156.05 4,636.75
154.95 4,765.30

-0.7049022749

4-Jan-12
5-Jan-12

150.35 4,749.65
154 4,749.95

-2.9686995805
2.4276687729

6-Jan-12
7-Jan-12

153.4 4,754.10
152.35 4,746.90

-0.3896103896
-0.6844850065

9-Jan-12
10-Jan-12
11-Jan-12
12-Jan-12
13-Jan-12
16-Jan-12
17-Jan-12
18-Jan-12
19-Jan-12
20-Jan-12
23-Jan-12
24-Jan-12
25-Jan-12
27-Jan-12
30-Jan-12
31-Jan-12
1-Feb-12
2-Feb-12
3-Feb-12
6-Feb-12
7-Feb-12
8-Feb-12
9-Feb-12
10-Feb-12
13-Feb-12
14-Feb-12
15-Feb-12
16-Feb-12
17-Feb-12
21-Feb-12
22-Feb-12

151.95
152.05
150.45
151.1
151.6
151.5
157.15
156.25
159.95
157.8
157.95
159.7
161
161.65
160.45
160.7
164.25
169.7
172.55
179.9
177.65
177.25
177.95
172
169.85
170.6
171.45
170.25
173.05
171.8
165.45

-0.2625533311
0.0658111221
-1.0522854324
0.4320372217
0.3309066843
-0.0659630607
3.7293729373
-0.5727012409
2.368
-1.3441700531
0.0950570342
1.1079455524
0.8140262993
0.4037267081
-0.7423445716
0.1558117794
2.209085252
3.3181126332
1.6794342958
4.2596348884
-1.2506948305
-0.2251618351
0.394922426
-3.3436358528
-1.25
0.4415660877
0.4982415006
-0.6999125109
1.6446402349
-0.7223345854
-3.6961583236

4,742.80
4,849.55
4,860.95
4,831.25
4,866.00
4,873.90
4,967.30
4,955.80
5,018.40
5,048.60
5,046.25
5,127.35
5,158.30
5,204.70
5,087.30
5,199.25
5,235.70
5,269.90
5,325.85
5,361.65
5,335.15
5,368.15
5,412.35
5,381.60
5,390.20
5,416.05
5,531.95
5,521.95
5,564.30
5,607.15
5,505.35

23-Feb-12
24-Feb-12
27-Feb-12
28-Feb-12
29-Feb-12
1-Mar-12
2-Mar-12
3-Mar-12
5-Mar-12
6-Mar-12
7-Mar-12
9-Mar-12
12-Mar-12
13-Mar-12
14-Mar-12
15-Mar-12
16-Mar-12
19-Mar-12
20-Mar-12
21-Mar-12
22-Mar-12
23-Mar-12
26-Mar-12
27-Mar-12
28-Mar-12
29-Mar-12
30-Mar-12
2-Apr-12
3-Apr-12
4-Apr-12
9-Apr-12
10-Apr-12
11-Apr-12
12-Apr-12
13-Apr-12
16-Apr-12
17-Apr-12
18-Apr-12
19-Apr-12
20-Apr-12
23-Apr-12
24-Apr-12
25-Apr-12
26-Apr-12
27-Apr-12

161.95
160.2
159.65
162.85
160.05
164.15
167.85
167.3
161.9
160.7
159.9
162.65
162.1
168.05
167.45
165.4
168.05
166.85
168.7
173.65
168.4
172.8
167.85
166.75
166.85
166.5
171.25
172.35
170.85
168.05
169.2
166.4
159.6
162.1
162.4
159.3
162.15
166.1
164.75
160.7
158.2
151.55
150.1
150.55
148.65

5,483.30
5,429.30
5,281.20
5,375.50
5,385.20
5,339.75
5,359.35
5,359.40
5,280.35
5,222.40
5,220.45
5,333.55
5,359.55
5,429.50
5,463.90
5,380.50
5,317.90
5,257.05
5,274.85
5,364.95
5,228.45
5,278.20
5,184.25
5,243.15
5,194.75
5,178.85
5,295.55
5,317.90
5,358.50
5,322.90
5,234.40
5,243.60
5,226.85
5,276.85
5,207.45
5,226.20
5,289.70
5,300.00
5,332.40
5,290.85
5,200.60
5,222.65
5,202.00
5,189.00
5,190.60

-2.1154427319
-1.0805804261
-0.3433208489
2.0043845913
-1.7193736567
2.5616994689
2.2540359427
-0.327673518
-3.2277346085
-0.7411982705
-0.4978220286
1.7198248906
-0.3381494006
3.6705737199
-0.3570365963
-1.2242460436
1.6021765417
-0.7140731925
1.1087803416
2.9342027267
-3.0233227757
2.6128266033
-2.8645833333
-0.655347036
0.059970015
-0.2097692538
2.8528528529
0.6423357664
-0.8703220191
-1.638864501
0.6843201428
-1.6548463357
-4.0865384615
1.5664160401
0.1850709439
-1.9088669951
1.7890772128
2.4360160345
-0.8127633955
-2.4582701062
-1.5556938395
-4.203539823
-0.9567799406
0.2998001332
-1.2620391896

28-Apr-12
30-Apr-12
2-May-12
3-May-12
4-May-12
7-May-12
8-May-12
9-May-12
10-May-12
11-May-12
14-May-12
15-May-12
16-May-12
17-May-12
18-May-12
21-May-12
22-May-12
23-May-12
24-May-12
25-May-12
28-May-12
29-May-12
30-May-12
31-May-12
1-Jun-12
4-Jun-12
5-Jun-12
6-Jun-12
7-Jun-12
8-Jun-12
11-Jun-12
12-Jun-12
13-Jun-12
14-Jun-12
15-Jun-12
18-Jun-12
19-Jun-12
20-Jun-12
21-Jun-12
22-Jun-12
25-Jun-12
26-Jun-12
27-Jun-12
28-Jun-12
29-Jun-12

148.8
150.9
148.45
146.3
142.35
145.55
144.9
146.5
146.15
143.95
145.5
145.45
143.15
148.65
144.25
143.05
140.2
138
141.9
143.6
144.95
146.2
150.7
151.05
148.25
150.05
146.1
152.55
151
151.05
150.55
158.3
163.55
163.4
167.8
166.05
170.75
175.45
171.6
167.05
167.7
170.45
170.1
173
173.95

5,209.00
5,248.15
5,239.15
5,188.40
5,086.85
5,114.15
4,999.95
4,974.80
4,965.70
4,928.90
4,907.80
4,942.80
4,858.25
4,870.20
4,891.45
4,906.05
4,860.50
4,835.65
4,921.40
4,920.40
4,985.65
4,990.10
4,950.75
4,924.25
4,841.60
4,848.15
4,863.30
4,997.10
5,049.65
5,068.35
5,054.10
5,115.90
5,121.45
5,054.75
5,139.05
5,064.25
5,103.85
5,120.55
5,165.00
5,146.05
5,114.65
5,120.80
5,141.90
5,149.15
5,278.90

0.1009081736
1.4112903226
-1.6235917826
-1.4482990906
-2.6999316473
2.2479803302
-0.4465819306
1.1042097999
-0.2389078498
-1.5053027711
1.0767627648
-0.0343642612
-1.5812994156
3.8421236465
-2.9599730912
-0.8318890815
-1.992310381
-1.5691868759
2.8260869565
1.1980267794
0.9401114206
0.8623663332
3.0779753762
0.2322495023
-1.8536908309
1.2141652614
-2.6324558481
4.4147843943
-1.0160603081
0.0331125828
-0.3310162198
5.1477914314
3.3164876816
-0.0917150718
2.6927784578
-1.0429082241
2.8304727492
2.7525622255
-2.1943573668
-2.6515151515
0.3891050584
1.6398330352
-0.205338809
1.7048794827
0.549132948

2-Jul-12
3-Jul-12
4-Jul-12
5-Jul-12
6-Jul-12
9-Jul-12
10-Jul-12
11-Jul-12
12-Jul-12
13-Jul-12
16-Jul-12
17-Jul-12
18-Jul-12
19-Jul-12
20-Jul-12
23-Jul-12
24-Jul-12
25-Jul-12
26-Jul-12
27-Jul-12
30-Jul-12
31-Jul-12
1-Aug-12
2-Aug-12
3-Aug-12
6-Aug-12
7-Aug-12
8-Aug-12
9-Aug-12
10-Aug-12
13-Aug-12
14-Aug-12
16-Aug-12
17-Aug-12
21-Aug-12
22-Aug-12
23-Aug-12
24-Aug-12
27-Aug-12
28-Aug-12
29-Aug-12
30-Aug-12
31-Aug-12
3-Sep-12
4-Sep-12

175.75
175.6
174.9
174.95
172.9
167.95
170.3
170.4
169.1
167.95
168.45
168.9
170.05
169.95
168.85
166.9
168.1
174
179.3
180.5
179.55
180.25
185.3
183.55
182.55
184.5
190.5
192.55
193.3
194.2
196.55
194.9
191.85
189.15
194
193.4
190.8
190.3
188.3
186.7
187.15
188.75
185.45
181.9
181.55

5,278.60
5,287.95
5,302.55
5,327.30
5,316.95
5,275.15
5,345.35
5,306.30
5,235.25
5,227.25
5,197.25
5,192.85
5,216.30
5,242.70
5,205.10
5,117.95
5,128.20
5,109.60
5,043.00
5,099.85
5,199.80
5,229.00
5,240.50
5,227.75
5,215.70
5,282.55
5,336.70
5,338.00
5,322.95
5,320.40
5,347.90
5,380.35
5,362.95
5,366.30
5,421.00
5,412.85
5,415.35
5,386.70
5,350.25
5,334.60
5,287.80
5,315.05
5,258.50
5,253.75
5,274.00

1.0347801092
-0.0853485064
-0.3986332574
0.0285877644
-1.171763361
-2.8629265471
1.3992259601
0.058719906
-0.7629107981
-0.6800709639
0.2977076511
0.267141585
0.6808762581
-0.0588062335
-0.6472491909
-1.1548711874
0.7189934092
3.509815586
3.0459770115
0.6692693809
-0.5263157895
0.3898635478
2.8016643551
-0.944414463
-0.5448106783
1.068200493
3.2520325203
1.0761154856
0.3895092184
0.4655975168
1.210092688
-0.8394810481
-1.5649050795
-1.4073494918
2.5641025641
-0.3092783505
-1.3443640124
-0.2620545073
-1.0509721492
-0.8497079129
0.2410283878
0.8549292012
-1.7483443709
-1.9142626045
-0.192413414

5-Sep-12
6-Sep-12
7-Sep-12
8-Sep-12
10-Sep-12
11-Sep-12
12-Sep-12
13-Sep-12
14-Sep-12
17-Sep-12
18-Sep-12
20-Sep-12
21-Sep-12
24-Sep-12
25-Sep-12
26-Sep-12
27-Sep-12
28-Sep-12
1-Oct-12
3-Oct-12
4-Oct-12
5-Oct-12
8-Oct-12
9-Oct-12
10-Oct-12
11-Oct-12
12-Oct-12
15-Oct-12
16-Oct-12
17-Oct-12
18-Oct-12
19-Oct-12
22-Oct-12
23-Oct-12
25-Oct-12
26-Oct-12
29-Oct-12
30-Oct-12
31-Oct-12
1-Nov-12
2-Nov-12
5-Nov-12
6-Nov-12
7-Nov-12
8-Nov-12

180.4
188.6
189.5
189.8
189.6
190.75
191.25
190.95
197.05
193
192.15
191.5
195.2
193.7
194.8
202.4
201.4
201.95
209.15
214.2
217.35
216
209.4
210.45
209.65
209.2
214.95
214.6
209.4
203.2
203.6
206.45
203.7
203
205.85
208.2
209.7
203.25
202.7
204
207.5
209.85
214.9
217.9
217.25

5,225.70
5,238.40
5,342.10
5,358.70
5,363.45
5,390.00
5,431.00
5,435.35
5,577.65
5,610.00
5,600.05
5,554.25
5,691.15
5,669.60
5,673.90
5,663.45
5,649.50
5,703.30
5,718.80
5,731.25
5,787.60
5,746.95
5,676.00
5,704.60
5,652.15
5,708.05
5,676.05
5,687.25
5,648.00
5,660.25
5,718.70
5,684.25
5,717.15
5,691.40
5,705.30
5,664.30
5,665.60
5,597.90
5,619.70
5,645.05
5,697.70
5,704.20
5,724.40
5,760.10
5,738.75

-0.6334343156
4.5454545455
0.4772004242
0.1583113456
-0.105374078
0.6065400844
0.2621231979
-0.1568627451
3.194553548
-2.0553159097
-0.4404145078
-0.3382773875
1.9321148825
-0.768442623
0.5678884874
3.9014373717
-0.4940711462
0.2730883813
3.5652389205
2.4145350227
1.4705882353
-0.6211180124
-3.0555555556
0.5014326648
-0.3801378
-0.2146434534
2.7485659656
-0.1628285648
-2.4231127679
-2.9608404967
0.1968503937
1.3998035363
-1.3320416566
-0.3436426117
1.4039408867
1.141607967
0.7204610951
-3.0758226037
-0.270602706
0.6413418846
1.7156862745
1.1325301205
2.4064808196
1.3959981387
-0.2983019734

9-Nov-12
12-Nov-12
13-Nov-12
15-Nov-12
16-Nov-12
19-Nov-12
20-Nov-12
21-Nov-12
22-Nov-12
23-Nov-12
26-Nov-12
27-Nov-12
29-Nov-12
30-Nov-12
3-Dec-12
4-Dec-12
5-Dec-12
6-Dec-12
7-Dec-12
10-Dec-12
11-Dec-12
12-Dec-12
13-Dec-12
14-Dec-12
17-Dec-12
18-Dec-12
19-Dec-12
20-Dec-12
21-Dec-12
24-Dec-12
26-Dec-12
27-Dec-12
28-Dec-12
31-Dec-12

214.05
211.4
210.1
207.05
202.9
199.4
195.7
199.5
201.9
202.8
200.65
205.5
207.5
207.7
209.65
205.75
207.15
206.65
206.25
206.55
211.55
210.7
206.15
206.7
204.35
206.05
211.1
205.2
199.65
200.3
201.2
199.65
200.95
200.95

5,686.25
5,683.70
5,666.95
5,631.00
5,574.05
5,571.40
5,571.55
5,614.80
5,627.75
5,626.60
5,635.90
5,727.45
5,825.00
5,879.85
5,870.95
5,889.25
5,900.50
5,930.90
5,907.40
5,908.90
5,898.80
5,888.00
5,851.50
5,879.60
5,857.90
5,896.80
5,929.60
5,916.40
5,847.70
5,855.75
5,905.60
5,870.10
5,908.35
5,905.10

-1.4729574223
-1.238028498
-0.6149479659
-1.4516896716
-2.0043467761
-1.7249876787
-1.8555667001
1.9417475728
1.2030075188
0.4457652303
-1.0601577909
2.4171442811
0.9732360097
0.0963855422
0.9388541165
-1.8602432626
0.6804374241
-0.2413709872
-0.1935639971
0.1454545455
2.420721375
-0.4017962657
-2.1594684385
0.2667960223
-1.1369134011
0.8319060436
2.4508614414
-2.7948839413
-2.7046783626
0.3255697471
0.449326011
-0.7703777336
0.6511394941
0

ments Ltd (2012 - 2013)

ement - Major - North India

Daily return Nifty

2.7724160242
-0.3284158395
0.0063162549
0.0873693407
-0.1514482236
-0.0863721587
2.2507801299
0.2350733573
-0.6109916786
0.7192755498
0.162351007
1.9163298385
-0.2315141022
1.2631663909
0.6017854296
-0.0465475577
1.6071340104
0.6036256546
0.8995211601
-2.2556535439
2.2005779097
0.7010626533
0.653207785
1.0616899751
0.672193171
-0.494250837
0.61853931
0.8233749057
-0.5681450756
0.1598037758
0.4795740418
2.1399359312
-0.1807680836
0.7669392153
0.7700878817
-1.8155390885

-0.4005194947
-0.9848084183
-2.7277917964
1.7855790351
0.1804483304
-0.8439797965
0.3670583829
0.000932949
-1.4749785424
-1.0974651302
-0.0373391544
2.1664799012
0.4874801961
1.3051468873
0.6335758357
-1.5263822544
-1.1634606449
-1.1442486696
0.3385929371
1.7081054438
-2.5442921183
0.9515248305
-1.7799628661
1.1361334812
-0.9231091996
-0.3060782521
2.2533960242
0.422052478
0.7634592602
-0.6643650275
-1.6626275151
0.1757603546
-0.319437028
0.9565990989
-1.315178563
0.3600610664
1.2150319544
0.1947180369
0.6113207547
-0.7791988598
-1.7057750645
0.4239895397
-0.3953931433
-0.2499038831
0.0308344575

0.3544869572
0.7515837973
-0.1714890009
-0.9686685817
-1.9572507902
0.5366779048
-2.23302015
-0.5030050301
-0.1829219265
-0.7410838351
-0.4280874029
0.7131504951
-1.7105689083
0.2459733443
0.4363270502
0.2984800008
-0.9284454908
-0.5112642732
1.7732879758
-0.0203194213
1.3261116982
0.0892561652
-0.7885613515
-0.5352724335
-1.678428187
0.1352858559
0.3124903314
2.7512183086
1.0516099338
0.3703226956
-0.2811565894
1.2227696326
0.1084853105
-1.302365541
1.667738266
-1.455521935
0.7819519179
0.3272039735
0.8680708127
-0.366892546
-0.6101767375
0.1202428319
0.412044993
0.1409984636
2.5198333706

-0.0056830021
0.1771302997
0.2760994336
0.4667565605
-0.1942822818
-0.7861650006
1.3307678455
-0.7305414987
-1.3389744266
-0.1528102765
-0.5739155388
-0.0846601568
0.4515824644
0.5061058605
-0.7171877086
-1.6743194175
0.2002755009
-0.3627003627
-1.3034288398
1.1273051755
1.9598615646
0.56156006
0.2199273284
-0.2432973953
-0.2305006934
1.2817071534
1.0250731181
0.024359623
-0.2819408018
-0.0479057665
0.5168784302
0.6067802315
-0.3233990354
0.0624656206
1.0193243017
-0.1503412654
0.0461863898
-0.5290516772
-0.6766666048
-0.2925096958
-0.8772916432
0.5153371913
-1.0639598875
-0.090329942
0.3854389722

-0.9158134243
0.243029642
1.9796120953
0.3107392224
0.0886409017
0.4950171998
0.7606679035
0.0800957466
2.6180466759
0.5799933664
-0.1773618538
-0.8178498406
2.4647792231
-0.3786580919
0.075843093
-0.1841766686
-0.2463162913
0.9522966634
0.2717724826
0.2177030146
0.9832061069
-0.7023636741
-1.2345679012
0.503875969
-0.9194334397
0.9890041842
-0.5606117676
0.1973203196
-0.6901402259
0.2168909348
1.0326399011
-0.6024096386
0.5787922769
-0.4503992374
0.2442281337
-0.7186300457
0.0229507618
-1.1949308105
0.3894317512
0.4510916953
0.9326755299
0.1140811205
0.3541250307
0.6236461463
-0.3706532873

-0.9148333696
-0.0448450209
-0.2947023946
-0.6343800457
-1.0113656544
-0.0475417336
0.0026923215
0.7762651327
0.2306404502
-0.0204344543
0.1652863186
1.6244078142
1.7032012501
0.9416309013
-0.1513644056
0.3117042387
0.191026022
0.5152105754
-0.3962299145
0.0253918814
-0.1709285992
-0.1830880857
-0.6199048913
0.4802187473
-0.369072726
0.6640604995
0.5562338896
-0.2226119806
-1.1611790954
0.1376609607
0.8513000043
-0.6011243565
0.651607298
-0.055006897

Beta for Year 2012

Beta using
Regression

0.846611

Covarience
Varience

0.773665
0.917508

Beta using
Covariance

0.843224

Rm
Rf
Cost of Equity

36.98536
7.72
32.49636

Ambuja Cements Ltd (2013 - 2014)

Industry : Cement - Major - North India

Date

Ambuja Closing Share Price

Nifty

Daily return Ambuja

1-Jan-13
2-Jan-13

201.65 5,950.85
204.25 5,993.25

1.2893627573

3-Jan-13
4-Jan-13

206.05 6,009.50
205.9 6,016.15

0.8812729498
-0.0727978646

7-Jan-13
8-Jan-13

203.3 5,988.40
202.05 6,001.70

-1.2627489072
-0.6148548942

9-Jan-13
10-Jan-13
11-Jan-13
14-Jan-13
15-Jan-13
16-Jan-13
17-Jan-13
18-Jan-13
21-Jan-13
22-Jan-13
23-Jan-13
24-Jan-13
25-Jan-13
28-Jan-13
29-Jan-13
30-Jan-13
31-Jan-13
1-Feb-13
4-Feb-13
5-Feb-13
6-Feb-13
7-Feb-13
8-Feb-13
11-Feb-13
12-Feb-13
13-Feb-13
14-Feb-13
15-Feb-13
18-Feb-13
19-Feb-13
20-Feb-13

197.1
192.1
186.45
190.55
197.85
197.5
199.6
198.05
199.6
198
197
196.75
198.75
197
196.75
200.2
202.3
199.15
196.7
201.55
205.55
200.05
189.85
188.55
188.95
189.95
190.5
192
190.7
193.65
199.25

-2.4498886414
-2.5367833587
-2.9411764706
2.19898096
3.8310154815
-0.1769016932
1.0632911392
-0.7765531062
0.7826306488
-0.8016032064
-0.5050505051
-0.1269035533
1.0165184244
-0.8805031447
-0.1269035533
1.7534942821
1.048951049
-1.5570934256
-1.230228471
2.4656837824
1.9846192012
-2.6757479932
-5.0987253187
-0.6847511193
0.2121453195
0.5292405398
0.2895498815
0.7874015748
-0.6770833333
1.5469323545
2.8918151304

5,971.50
5,968.65
5,951.30
6,024.05
6,056.60
6,001.85
6,039.20
6,064.40
6,082.30
6,048.50
6,054.30
6,019.35
6,074.65
6,074.80
6,049.90
6,055.75
6,034.75
5,998.90
5,987.25
5,956.90
5,959.20
5,938.80
5,903.50
5,897.85
5,922.50
5,932.95
5,896.95
5,887.40
5,898.20
5,939.70
5,943.05

21-Feb-13
22-Feb-13
25-Feb-13
26-Feb-13
27-Feb-13
28-Feb-13
1-Mar-13
4-Mar-13
5-Mar-13
6-Mar-13
7-Mar-13
8-Mar-13
11-Mar-13
12-Mar-13
13-Mar-13
14-Mar-13
15-Mar-13
18-Mar-13
19-Mar-13
20-Mar-13
21-Mar-13
22-Mar-13
25-Mar-13
26-Mar-13
28-Mar-13
1-Apr-13
2-Apr-13
3-Apr-13
4-Apr-13
5-Apr-13
8-Apr-13
9-Apr-13
10-Apr-13
11-Apr-13
12-Apr-13
15-Apr-13
16-Apr-13
17-Apr-13
18-Apr-13
22-Apr-13
23-Apr-13
25-Apr-13
26-Apr-13
29-Apr-13
30-Apr-13

196.8
197.85
199.8
197.25
197.3
191.85
192.25
186.7
194.65
192.3
190.25
187.6
187.4
189.95
187.75
190.4
187.95
181.75
178.9
175.6
168.8
175.7
173.2
168.65
173.45
174.4
177
171.25
167.55
164.3
168.2
169
169.95
170.8
175.45
175.15
180.05
187.25
188.75
187.9
186
190.55
187.7
185.65
186.45

5,852.25
5,850.30
5,854.75
5,761.35
5,796.90
5,693.05
5,719.70
5,698.50
5,784.25
5,818.60
5,863.30
5,945.70
5,942.35
5,914.10
5,851.20
5,908.95
5,872.60
5,835.25
5,745.95
5,694.40
5,658.75
5,651.35
5,633.85
5,641.60
5,682.55
5,704.40
5,748.10
5,672.90
5,574.75
5,553.25
5,542.95
5,495.10
5,558.70
5,594.00
5,528.55
5,568.40
5,688.95
5,688.70
5,783.10
5,834.40
5,836.90
5,916.30
5,871.45
5,904.10
5,930.20

-1.2296110414
0.5335365854
0.9855951478
-1.2762762763
0.0253485425
-2.7622909275
0.208496221
-2.8868660598
4.2581681843
-1.2072951451
-1.0660426417
-1.3929040736
-0.1066098081
1.3607257204
-1.1581995262
1.4114513981
-1.2867647059
-3.2987496675
-1.568088033
-1.8446059251
-3.8724373576
4.0876777251
-1.4228799089
-2.6270207852
2.8461310406
0.5477082733
1.4908256881
-3.2485875706
-2.1605839416
-1.9397194867
2.3737066342
0.4756242568
0.5621301775
0.5001471021
2.7224824356
-0.1709888857
2.7976020554
3.9988891974
0.8010680908
-0.4503311258
-1.0111761575
2.4462365591
-1.4956704277
-1.0921683538
0.4309183948

2-May-13
3-May-13
6-May-13
7-May-13
8-May-13
9-May-13
10-May-13
11-May-13
13-May-13
14-May-13
15-May-13
16-May-13
17-May-13
20-May-13
21-May-13
22-May-13
23-May-13
24-May-13
27-May-13
28-May-13
29-May-13
30-May-13
31-May-13
3-Jun-13
4-Jun-13
5-Jun-13
6-Jun-13
7-Jun-13
10-Jun-13
11-Jun-13
12-Jun-13
13-Jun-13
14-Jun-13
17-Jun-13
18-Jun-13
19-Jun-13
20-Jun-13
21-Jun-13
24-Jun-13
25-Jun-13
26-Jun-13
27-Jun-13
28-Jun-13
1-Jul-13
2-Jul-13

190
188.2
186.4
186
183.9
186.7
189.05
189.5
186.1
186.1
186.4
186.6
190.45
188.2
185.7
186.35
185
185.55
185.6
185
183.85
182.35
183.25
178.8
174.9
171.5
174.95
171.95
173
175.65
174.15
175
178
179.3
178.95
183.65
184
186.3
180.55
183.45
177.6
181.3
186.7
189.15
187.65

5,999.35
5,944.00
5,971.05
6,043.55
6,069.30
6,050.15
6,094.75
6,107.25
5,980.45
5,995.40
6,146.75
6,169.90
6,187.30
6,156.90
6,114.10
6,094.50
5,967.05
5,983.55
6,083.15
6,111.25
6,104.30
6,124.05
5,985.95
5,939.30
5,919.45
5,923.85
5,921.40
5,881.00
5,878.00
5,788.80
5,760.20
5,699.10
5,808.40
5,850.05
5,813.60
5,822.25
5,655.90
5,667.65
5,590.25
5,609.10
5,588.70
5,682.35
5,842.20
5,898.85
5,857.55

1.9039957093
-0.9473684211
-0.9564293305
-0.2145922747
-1.1290322581
1.5225666123
1.2587038029
0.2380322666
-1.7941952507
0
0.1612036539
0.1072961373
2.0632368703
-1.1814124442
-1.3283740701
0.3500269251
-0.7244432519
0.2972972973
0.0269469146
-0.3232758621
-0.6216216216
-0.8158825129
0.4935563477
-2.4283765348
-2.1812080537
-1.9439679817
2.0116618076
-1.7147756502
0.6106426287
1.5317919075
-0.853970965
0.4880849842
1.7142857143
0.7303370787
-0.1952035694
2.6264319642
0.1905799074
1.25
-3.0864197531
1.6062032678
-3.1888798038
2.0833333333
2.9784886928
1.3122656668
-0.7930214116

3-Jul-13
4-Jul-13
5-Jul-13
8-Jul-13
9-Jul-13
10-Jul-13
11-Jul-13
12-Jul-13
15-Jul-13
16-Jul-13
17-Jul-13
18-Jul-13
19-Jul-13
22-Jul-13
23-Jul-13
24-Jul-13
25-Jul-13
26-Jul-13
29-Jul-13
30-Jul-13
31-Jul-13
1-Aug-13
2-Aug-13
5-Aug-13
6-Aug-13
7-Aug-13
8-Aug-13
12-Aug-13
13-Aug-13
14-Aug-13
16-Aug-13
19-Aug-13
20-Aug-13
21-Aug-13
22-Aug-13
23-Aug-13
26-Aug-13
27-Aug-13
28-Aug-13
29-Aug-13
30-Aug-13
2-Sep-13
3-Sep-13
4-Sep-13
5-Sep-13

188.3
187.85
189.9
192.75
194.5
193.8
196.95
196.7
197.25
200.35
205.5
210.9
207.55
198.65
196.85
191.1
171
178.85
171.45
167.7
167.3
167.4
171.15
177.55
178.55
177.25
178.55
178.6
174.25
176.75
173.35
164.6
162.45
155.45
157.9
159.45
163.5
159.35
159.35
164
170.8
170.2
168.2
169.75
170.3

5,770.90
5,836.95
5,867.90
5,811.55
5,859.00
5,816.70
5,935.10
6,009.00
6,030.80
5,955.25
5,973.30
6,038.05
6,029.20
6,031.80
6,077.80
5,990.50
5,907.50
5,886.20
5,831.65
5,755.05
5,742.00
5,727.85
5,677.90
5,685.40
5,542.25
5,519.10
5,565.65
5,612.40
5,699.30
5,742.30
5,507.85
5,414.75
5,401.45
5,302.55
5,408.45
5,471.75
5,476.50
5,287.45
5,285.00
5,409.05
5,471.80
5,550.75
5,341.45
5,448.10
5,592.95

0.346389555
-0.2389803505
1.091296247
1.5007898894
0.9079118029
-0.3598971722
1.6253869969
-0.1269357705
0.2796136248
1.5716096324
2.5705016222
2.6277372263
-1.5884305358
-4.2881233438
-0.9061162849
-2.921005842
-10.5180533752
4.5906432749
-4.1375454291
-2.1872265967
-0.2385211688
0.0597728631
2.2401433692
3.7394098744
0.5632216277
-0.7280873705
0.7334273625
0.0280033604
-2.4356103024
1.4347202296
-1.9236209335
-5.0475915777
-1.3061968408
-4.3090181594
1.5760694757
0.9816339455
2.5399811853
-2.5382262997
0
2.9181048008
4.1463414634
-0.3512880562
-1.1750881316
0.9215219976
0.324005891

6-Sep-13
10-Sep-13
11-Sep-13
12-Sep-13
13-Sep-13
16-Sep-13
17-Sep-13
18-Sep-13
19-Sep-13
20-Sep-13
23-Sep-13
24-Sep-13
25-Sep-13
26-Sep-13
27-Sep-13
30-Sep-13
1-Oct-13
3-Oct-13
4-Oct-13
7-Oct-13
8-Oct-13
9-Oct-13
10-Oct-13
11-Oct-13
14-Oct-13
15-Oct-13
17-Oct-13
18-Oct-13
21-Oct-13
22-Oct-13
23-Oct-13
24-Oct-13
25-Oct-13
28-Oct-13
29-Oct-13
30-Oct-13
31-Oct-13
1-Nov-13
3-Nov-13
5-Nov-13
6-Nov-13
7-Nov-13
8-Nov-13
11-Nov-13
12-Nov-13

172.25
185.8
185.6
180.6
180.3
178.7
178.85
179.5
187.65
192.9
190.05
189.55
188.85
184.7
184.4
183.15
180.2
190.45
189.5
192.35
194.15
195.9
196.45
194.5
199.55
197.85
196.2
197.95
198.15
196.15
196.65
193.95
191.75
190.1
195
192.7
188.45
188.05
188.85
186.55
180.6
180.25
176.95
173.5
172.8

5,680.40
5,896.75
5,913.15
5,850.70
5,850.60
5,840.55
5,850.20
5,899.45
6,115.55
6,012.10
5,889.75
5,892.45
5,873.85
5,882.25
5,833.20
5,735.30
5,780.05
5,909.70
5,907.30
5,906.15
5,928.40
6,007.45
6,020.95
6,096.20
6,112.70
6,089.05
6,045.85
6,189.35
6,204.95
6,202.80
6,178.35
6,164.35
6,144.90
6,101.10
6,220.90
6,251.70
6,299.15
6,307.20
6,317.35
6,253.15
6,215.15
6,187.25
6,140.75
6,078.80
6,018.05

1.1450381679
7.8664731495
-0.1076426265
-2.6939655172
-0.1661129568
-0.8874098724
0.0839395635
0.3634330445
4.5403899721
2.7977617906
-1.4774494557
-0.2630886609
-0.3692957003
-2.1975112523
-0.162425555
-0.6778741866
-1.6107016107
5.6881243063
-0.4988185876
1.5039577836
0.9357941253
0.901364924
0.2807554875
-0.992618987
2.5964010283
-0.8519168128
-0.8339651251
0.8919469929
0.1010356151
-1.0093363613
0.254906959
-1.3729977117
-1.1343129673
-0.8604954368
2.5775907417
-1.1794871795
-2.2055007784
-0.2122578933
0.4254187716
-1.2178978025
-3.1894934334
-0.1937984496
-1.8307905687
-1.949703306
-0.4034582133

13-Nov-13
14-Nov-13
18-Nov-13
19-Nov-13
20-Nov-13
21-Nov-13
22-Nov-13
25-Nov-13
26-Nov-13
27-Nov-13
28-Nov-13
29-Nov-13
2-Dec-13
3-Dec-13
4-Dec-13
5-Dec-13
6-Dec-13
9-Dec-13
10-Dec-13
11-Dec-13
12-Dec-13
13-Dec-13
16-Dec-13
17-Dec-13
18-Dec-13
19-Dec-13
20-Dec-13
23-Dec-13
24-Dec-13
26-Dec-13
27-Dec-13
30-Dec-13
31-Dec-13

175.6
176.35
179.2
178.7
177.2
171.45
174.45
179.35
177.95
178.85
182.55
185.35
184.55
186.3
183.8
185.9
185.2
193.3
189.65
188.1
182.3
179
175.35
175.9
179.8
175.95
179.75
179.5
181.3
183.65
184.65
181.45
182.75

5,989.60
6,056.15
6,189.00
6,203.35
6,122.90
5,999.05
5,995.45
6,115.35
6,059.10
6,057.10
6,091.85
6,176.10
6,217.85
6,201.85
6,160.95
6,241.10
6,259.90
6,363.90
6,332.85
6,307.90
6,237.05
6,168.40
6,154.70
6,139.05
6,217.15
6,166.65
6,274.25
6,284.50
6,268.40
6,278.90
6,313.80
6,291.10
6,304.00

1.6203703704
0.4271070615
1.616104338
-0.2790178571
-0.8393956351
-3.2449209932
1.7497812773
2.8088277443
-0.7805965988
0.505760045
2.0687727146
1.5338263489
-0.4316158619
0.9482525061
-1.3419216318
1.1425462459
-0.3765465304
4.373650108
-1.888256596
-0.8172950171
-3.0834662414
-1.8102029622
-2.0391061453
0.3136583975
2.2171688459
-2.1412680756
2.1597044615
-0.1390820584
1.0027855153
1.2961941533
0.5445140212
-1.7330083943
0.7164508129

ments Ltd (2013 - 2014)

ement - Major - North India

Daily return Nifty

0.7125032558
0.271138364
0.1106581246
-0.461258446
0.2220960524
-0.5031907626
-0.0477267018
-0.2906854984
1.2224219918
0.5403341606
-0.9039725258
0.6223081217
0.4172738111
0.2951652266
-0.5557108331
0.0958915434
-0.5772756553
0.9187038468
0.0024692781
-0.4098900375
0.0966958132
-0.3467778558
-0.5940594059
-0.1942022704
-0.5069105182
0.0386106868
-0.3423278292
-0.5943961743
-0.0957059372
0.4179489136
0.1764457577
-0.6067807752
-0.1619481257
0.1834426062
0.7036044895
0.0564001549

-1.5278350342
-0.0333205177
0.0760644753
-1.595285879
0.6170428806
-1.7914747537
0.468114631
-0.3706488103
1.5047819602
0.5938540001
0.7682260338
1.4053519349
-0.0563432397
-0.475401146
-1.0635599669
0.9869770304
-0.6151685156
-0.6360044955
-1.5303543122
-0.8971536474
-0.6260536668
-0.13077093
-0.3096605236
0.1375613479
0.7258579126
0.3845104751
0.7660753103
-1.308258381
-1.7301556523
-0.3856675187
-0.1854769729
-0.8632587341
1.1573947699
0.635040567
-1.1700035753
0.7208038274
2.1648947633
-0.004394484
1.6594300983
0.8870674898
0.0428493076
1.3603111241
-0.7580751483
0.5560806956
0.4420656832

1.1660652255
-0.9225999483
0.4550807537
1.2141918088
0.426074079
-0.3155223831
0.7371718057
0.2050945486
-2.076220885
0.2499811887
2.5244354005
0.376621792
0.2820142952
-0.4913290127
-0.6951550293
-0.3205704846
-2.0912297974
0.2765185477
1.6645636788
0.4619317294
-0.1137246881
0.3235424209
-2.2550436394
-0.7793249192
-0.3342144697
0.0743312301
-0.0413582383
-0.6822710845
-0.0510117327
-1.517522967
-0.4940574903
-1.0607270581
1.9178466775
0.7170649404
-0.6230715977
0.1487890464
-2.8571428571
0.2077476617
-1.3656453733
0.3371942221
-0.3636947104
1.6757027573
2.8130966941
0.9696689603
-0.7001364673

-1.4792874154
1.1445355144
0.5302426781
-0.9603094804
0.8164775318
-0.7219662058
2.0355184211
1.2451348756
0.3627891496
-1.2527359554
0.3030939087
1.0839904241
-0.1465704988
0.0431234658
0.7626247555
-1.4363750041
-1.3855270846
-0.3605586119
-0.9267439095
-1.313521902
-0.2267573696
-0.2464298154
-0.8720549595
0.13209109
-2.5178527456
-0.4177003924
0.843434618
0.8399737677
1.548357209
0.7544786202
-4.0828587848
-1.6903147326
-0.2456253751
-1.8309898268
1.9971523135
1.1703907774
0.0868095216
-3.452022277
-0.0463361356
2.3472090823
1.1600928074
1.4428524434
-3.7706616223
1.99664885
2.6587250601

1.5635755728
3.8087106542
0.278119303
-1.0561206802
-0.0017091972
-0.1717772536
0.1652241655
0.8418515606
3.6630533355
-1.6915894727
-2.0350626237
0.0458423532
-0.3156581727
0.1430067162
-0.8338645926
-1.678324076
0.78025561
2.2430601811
-0.0406111985
-0.0194674386
0.3767259551
1.3334120505
0.2247209715
1.249802772
0.2706604114
-0.3868994062
-0.7094702786
2.3735289496
0.252045853
-0.0346497554
-0.3941768234
-0.2265977162
-0.3155239401
-0.712786213
1.963580338
0.4951052099
0.7589935538
0.12779502
0.1609271943
-1.0162489018
-0.6076937224
-0.4489030836
-0.751545517
-1.0088344258
-0.9993748766

-0.4727444936
1.1110925604
2.1936378722
0.2318629827
-1.2968799117
-2.0227343252
-0.0600095015
1.9998498862
-0.9198165273
-0.0330082025
0.5737068894
1.3829953134
0.6759929405
-0.257323673
-0.6594806388
1.3009357323
0.30122895
1.6613683925
-0.4879083581
-0.3939774351
-1.1231947241
-1.1006806102
-0.2220997341
-0.254277219
1.2721838069
-0.8122692874
1.7448695807
0.1633661394
-0.2561858541
0.1675068598
0.5558298428
-0.3595299186
0.2050515808

Beta for Year 2013

Beta using
Regression

0.918303

Covarience
Varience

1.186977
1.297789

Beta using
Covariance

0.914615

Rm
Rf
Cost of Equity

10.81146
7.72
10.5589

Ambuja Cements Ltd (2014 - 2015)

Industry : Cement - Major - North India

Date

Ambuja Closing Share Price

Nifty

Daily return Ambuja

1-Jan-14
2-Jan-14

183.7 6,301.65
179.45 6,221.15

-2.3135547088

3-Jan-14
6-Jan-14

177.7 6,211.15
176.45 6,191.45

-0.9752020061
-0.7034327518

7-Jan-14
8-Jan-14

175.15 6,162.25
174.9 6,174.60

-0.7367526211
-0.1427347987

9-Jan-14
10-Jan-14
13-Jan-14
14-Jan-14
15-Jan-14
16-Jan-14
17-Jan-14
20-Jan-14
21-Jan-14
22-Jan-14
23-Jan-14
24-Jan-14
27-Jan-14
28-Jan-14
29-Jan-14
30-Jan-14
31-Jan-14
3-Feb-14
4-Feb-14
5-Feb-14
6-Feb-14
7-Feb-14
10-Feb-14
11-Feb-14
12-Feb-14
13-Feb-14
14-Feb-14
17-Feb-14
18-Feb-14
19-Feb-14
20-Feb-14

171
167.85
170.15
168.1
170.1
169.45
169.85
172.05
171.15
171
171.15
163.55
157.7
158.5
158.75
157
159.3
155.5
155.95
155.05
155.8
162.8
162.25
160.9
158.5
154.25
151.4
151.3
152.9
154.6
152.6

-2.2298456261
-1.8421052632
1.3702710754
-1.2048192771
1.1897679952
-0.3821281599
0.2360578342
1.295260524
-0.5231037489
-0.0876424189
0.0877192982
-4.4405492258
-3.5768878019
0.5072923272
0.1577287066
-1.1023622047
1.4649681529
-2.3854362837
0.2893890675
-0.5771080475
0.4837149307
4.4929396662
-0.3378378378
-0.8320493066
-1.4916096955
-2.6813880126
-1.847649919
-0.0660501982
1.0575016523
1.1118378025
-1.2936610608

6,168.35
6,171.45
6,272.75
6,241.85
6,320.90
6,318.90
6,261.65
6,303.95
6,313.80
6,338.95
6,345.65
6,266.75
6,135.85
6,126.25
6,120.25
6,073.70
6,089.50
6,001.80
6,000.90
6,022.40
6,036.30
6,063.20
6,053.45
6,062.70
6,084.00
6,001.10
6,048.35
6,073.30
6,127.10
6,152.75
6,091.45

21-Feb-14
24-Feb-14
25-Feb-14
26-Feb-14
28-Feb-14
3-Mar-14
4-Mar-14
5-Mar-14
6-Mar-14
7-Mar-14
10-Mar-14
11-Mar-14
12-Mar-14
13-Mar-14
14-Mar-14
18-Mar-14
19-Mar-14
20-Mar-14
21-Mar-14
22-Mar-14
24-Mar-14
25-Mar-14
26-Mar-14
27-Mar-14
28-Mar-14
31-Mar-14
1-Apr-14
2-Apr-14
3-Apr-14
4-Apr-14
7-Apr-14
9-Apr-14
10-Apr-14
11-Apr-14
15-Apr-14
16-Apr-14
17-Apr-14
21-Apr-14
22-Apr-14
23-Apr-14
25-Apr-14
28-Apr-14
29-Apr-14
30-Apr-14
2-May-14

161.9
159.95
163.9
165.5
167.35
167.75
168.8
169.35
173.9
181.6
182.2
184
180.45
180.65
181.45
183.75
189.4
183.05
184.55
184.2
186.3
183.1
186.35
192.05
198.75
201.15
202.35
200.45
204.85
203.25
208.75
210.1
212.55
216.35
213.95
207.6
215.95
215.9
214.65
218.75
209
200.15
202.4
197.45
201.3

6,155.45
6,186.10
6,200.05
6,238.80
6,276.95
6,221.45
6,297.95
6,328.65
6,401.15
6,526.65
6,537.25
6,511.90
6,516.90
6,493.10
6,504.20
6,516.65
6,524.05
6,483.10
6,493.20
6,494.90
6,583.50
6,589.75
6,601.40
6,641.75
6,695.90
6,704.20
6,721.05
6,752.55
6,736.10
6,694.35
6,695.05
6,796.20
6,796.40
6,776.30
6,733.10
6,675.30
6,779.40
6,817.65
6,815.35
6,840.80
6,782.75
6,761.25
6,715.25
6,696.40
6,694.80

6.0943643512
-1.2044471896
2.4695217255
0.9762050031
1.1178247734
0.2390200179
0.6259314456
0.3258293839
2.6867434308
4.4278320874
0.3303964758
0.9879253568
-1.9293478261
0.110834026
0.4428452809
1.2675668228
3.074829932
-3.3526927138
0.8194482382
-0.1896505012
1.1400651466
-1.7176596887
1.7749863463
3.0587603971
3.4886748243
1.2075471698
0.5965697241
-0.9389671362
2.1950611125
-0.7810593117
2.7060270603
0.6467065868
1.1661113755
1.7878146319
-1.1093136122
-2.9679831736
4.0221579961
-0.0231535078
-0.5789717462
1.9100861868
-4.4571428571
-4.2344497608
1.1241568823
-2.4456521739
1.9498607242

5-May-14
6-May-14
7-May-14
8-May-14
9-May-14
12-May-14
13-May-14
14-May-14
15-May-14
16-May-14
19-May-14
20-May-14
21-May-14
22-May-14
23-May-14
26-May-14
27-May-14
28-May-14
29-May-14
30-May-14
2-Jun-14
3-Jun-14
4-Jun-14
5-Jun-14
6-Jun-14
9-Jun-14
10-Jun-14
11-Jun-14
12-Jun-14
13-Jun-14
16-Jun-14
17-Jun-14
18-Jun-14
19-Jun-14
20-Jun-14
23-Jun-14
24-Jun-14
25-Jun-14
26-Jun-14
27-Jun-14
30-Jun-14
1-Jul-14
2-Jul-14
3-Jul-14
4-Jul-14

202.25
199
194.75
193.05
207.05
211.3
221.55
223.55
219.2
224.65
219.6
217.3
214.4
214.55
213.5
209.8
208.2
219.35
214.35
217.3
223.25
231.15
229.6
229.85
230.25
237.8
230.55
227.8
225.5
222.8
222.5
225.1
221.65
219.35
218.1
222.7
222.55
220.95
219
216.25
220.7
223.8
225.45
224.6
223.7

6,699.35
6,715.30
6,652.55
6,659.85
6,858.80
7,014.25
7,108.75
7,108.75
7,123.15
7,203.00
7,263.55
7,275.50
7,252.90
7,276.40
7,367.10
7,359.05
7,318.00
7,329.65
7,235.65
7,229.95
7,362.50
7,415.85
7,402.25
7,474.10
7,583.40
7,654.60
7,656.40
7,626.85
7,649.90
7,542.10
7,533.55
7,631.70
7,558.20
7,540.70
7,511.45
7,493.35
7,580.20
7,569.25
7,493.20
7,508.80
7,611.35
7,634.70
7,725.15
7,714.80
7,751.60

0.4719324391
-1.6069221261
-2.135678392
-0.8729139923
7.252007252
2.0526442888
4.8509228585
0.9027307606
-1.9458734064
2.4863138686
-2.2479412419
-1.0473588342
-1.3345605154
0.0699626866
-0.4893964111
-1.7330210773
-0.7626310772
5.3554274736
-2.279462047
1.3762537905
2.738150023
3.5386338186
-0.6705602423
0.1088850174
0.174026539
3.2790445168
-3.0487804878
-1.1927998265
-1.0096575944
-1.1973392461
-0.1346499102
1.1685393258
-1.5326521546
-1.0376720054
-0.5698655117
2.1091242549
-0.0673551863
-0.7189395641
-0.8825526137
-1.2557077626
2.0578034682
1.4046216584
0.7372654155
-0.3770237303
-0.4007123776

7-Jul-14
8-Jul-14
9-Jul-14
10-Jul-14
11-Jul-14
14-Jul-14
15-Jul-14
16-Jul-14
17-Jul-14
18-Jul-14
21-Jul-14
22-Jul-14
23-Jul-14
24-Jul-14
25-Jul-14
28-Jul-14
30-Jul-14
31-Jul-14
1-Aug-14
4-Aug-14
5-Aug-14
6-Aug-14
7-Aug-14
8-Aug-14
11-Aug-14
12-Aug-14
13-Aug-14
14-Aug-14
18-Aug-14
19-Aug-14
20-Aug-14
21-Aug-14
22-Aug-14
25-Aug-14
26-Aug-14
27-Aug-14
28-Aug-14
1-Sep-14
2-Sep-14
3-Sep-14
4-Sep-14
5-Sep-14
8-Sep-14
9-Sep-14
10-Sep-14

223.75
218.25
217.9
219.4
214.8
215.15
219.4
221.8
224.55
220.3
220.8
222.65
216.3
218.3
212.25
205.95
209.3
206.45
203.9
204.3
212.8
208.25
210.45
203.65
205.2
208.75
205.75
210.9
214.1
216.6
215.45
213.65
211.3
212.3
208.85
206.75
206.3
208.5
215.8
214.35
211.95
212.7
219.45
219.1
216.95

7,787.15
7,623.20
7,585.00
7,567.75
7,459.60
7,454.15
7,526.65
7,624.40
7,640.45
7,663.90
7,684.20
7,767.85
7,795.75
7,830.60
7,790.45
7,748.70
7,791.40
7,721.30
7,602.60
7,683.65
7,746.55
7,672.05
7,649.25
7,568.55
7,625.95
7,727.05
7,739.55
7,791.70
7,874.25
7,897.50
7,875.30
7,891.10
7,913.20
7,906.30
7,904.75
7,936.05
7,954.35
8,027.70
8,083.05
8,114.60
8,095.95
8,086.85
8,173.90
8,152.95
8,094.10

0.0223513634
-2.4581005587
-0.1603665521
0.6883891693
-2.096627165
0.1629422719
1.9753660237
1.0938924339
1.2398557259
-1.8926742374
0.226963232
0.8378623188
-2.852009881
0.9246417013
-2.7714154833
-2.9681978799
1.6266084001
-1.3616817965
-1.2351658997
0.1961745954
4.1605482134
-2.1381578947
1.056422569
-3.2311712996
0.7611097471
1.7300194932
-1.4371257485
2.5030376671
1.5173067805
1.1676786548
-0.5309325946
-0.8354606637
-1.0999297917
0.4732607667
-1.6250588789
-1.0055063443
-0.2176541717
1.0664081435
3.5011990408
-0.671918443
-1.1196641008
0.3538570418
3.17348378
-0.1594896332
-0.9812870835

11-Sep-14
12-Sep-14
15-Sep-14
16-Sep-14
17-Sep-14
18-Sep-14
19-Sep-14
22-Sep-14
23-Sep-14
24-Sep-14
25-Sep-14
26-Sep-14
29-Sep-14
30-Sep-14
1-Oct-14
7-Oct-14
8-Oct-14
9-Oct-14
10-Oct-14
13-Oct-14
14-Oct-14
16-Oct-14
17-Oct-14
20-Oct-14
21-Oct-14
22-Oct-14
23-Oct-14
27-Oct-14
28-Oct-14
29-Oct-14
30-Oct-14
31-Oct-14
3-Nov-14
5-Nov-14
7-Nov-14
10-Nov-14
11-Nov-14
12-Nov-14
13-Nov-14
14-Nov-14
17-Nov-14
18-Nov-14
19-Nov-14
20-Nov-14
21-Nov-14

215.35
214.7
210.75
206.6
209.2
213.2
215
214.2
213.7
212.1
207.65
211.85
214.75
213.7
210.6
209.2
208.25
215.3
211.8
208.85
208.55
205.35
207.65
212.95
213.45
216.6
217.15
221.2
224.05
225.65
223.9
227.45
227.6
223
222.55
221.55
225.35
229.5
226.55
229.75
227.5
226.45
222.3
221.65
225.95

8,085.70
8,105.50
8,042.00
7,932.90
7,975.50
8,114.75
8,121.45
8,146.30
8,017.55
8,002.40
7,911.85
7,968.85
7,958.90
7,964.80
7,945.55
7,852.40
7,842.70
7,960.55
7,859.95
7,884.25
7,864.00
7,748.20
7,779.70
7,879.40
7,927.75
7,995.90
8,014.55
7,991.70
8,027.60
8,090.45
8,169.20
8,322.20
8,324.15
8,338.30
8,337.00
8,344.25
8,362.65
8,383.30
8,357.85
8,389.90
8,430.75
8,425.90
8,382.30
8,401.90
8,477.35

-0.7374971192
-0.3018342234
-1.8397764322
-1.9691577699
1.2584704743
1.9120458891
0.8442776735
-0.3720930233
-0.233426704
-0.7487131493
-2.0980669496
2.0226342403
1.3688930847
-0.4889406286
-1.4506317267
-0.6647673314
-0.4541108987
3.3853541417
-1.6256386438
-1.3928234183
-0.1436437635
-1.5344042196
1.1200389579
2.5523717794
0.2347969007
1.4757554462
0.2539242844
1.865070228
1.2884267631
0.7141263111
-0.7755373366
1.5855292541
0.0659485601
-2.0210896309
-0.201793722
-0.4493372276
1.715188445
1.8415797648
-1.2854030501
1.4124917237
-0.9793253536
-0.4615384615
-1.8326341356
-0.2923976608
1.9399954884

24-Nov-14
25-Nov-14
26-Nov-14
27-Nov-14
28-Nov-14
1-Dec-14
2-Dec-14
3-Dec-14
4-Dec-14
5-Dec-14
8-Dec-14
9-Dec-14
10-Dec-14
11-Dec-14
12-Dec-14
15-Dec-14
16-Dec-14
17-Dec-14
18-Dec-14
19-Dec-14
22-Dec-14
23-Dec-14
24-Dec-14
26-Dec-14
29-Dec-14
30-Dec-14
31-Dec-14

229.35
227.85
228.85
225.7
229.85
229.95
228.55
229.45
229.95
236.95
231.25
226.05
225.7
223.1
225.9
228.4
219.2
220.2
223.4
224.85
228.35
227.4
227.1
226
230.05
229.85
228.7

8,530.15
8,463.10
8,475.75
8,494.20
8,588.25
8,555.90
8,524.70
8,537.65
8,564.40
8,538.30
8,438.25
8,340.70
8,355.65
8,292.90
8,224.10
8,219.60
8,067.60
8,029.80
8,159.30
8,225.20
8,324.00
8,267.00
8,174.10
8,200.70
8,246.30
8,248.25
8,282.70

1.5047576898
-0.6540222368
0.4388852315
-1.3764474547
1.8387239699
0.0435066348
-0.6088280061
0.3937869175
0.2179123992
3.0441400304
-2.4055707955
-2.2486486486
-0.1548330015
-1.1519716438
1.2550425818
1.1066843736
-4.0280210158
0.4562043796
1.4532243415
0.6490599821
1.5565932844
-0.4160280272
-0.1319261214
-0.4843681198
1.7920353982
-0.0869376223
-0.5003262998

ments Ltd (2014 - 2015)

ement - Major - North India

Daily return Nifty

-1.2774432093
-0.160741985
-0.3171715383
-0.4716181185
0.2004138099
-0.1012211317
0.0502565516
1.6414294858
-0.4926069108
1.2664514527
-0.0316410638
-0.9060121224
0.675540792
0.1562512393
0.3983338085
0.1056957383
-1.2433714434
-2.0888020106
-0.1564575405
-0.0979391961
-0.7605898452
0.2601379719
-1.4401839231
-0.0149955013
0.3582795914
0.2308049947
0.4456372281
-0.160806175
0.152805425
0.351328616
-1.3625904011
0.7873556515
0.4125091967
0.8858445985
0.4186319792
-0.9963024664

1.0506529644
0.4979327263
0.2255055689
0.6249949597
0.6114958005
-0.884187384
1.22961689
0.4874602053
1.1455839713
1.9605852073
0.1624110378
-0.3877777353
0.0767825059
-0.3652043149
0.1709507015
0.1914147781
0.1135552776
-0.6276775929
0.1557896685
0.0261812358
1.364147254
0.0949343055
0.1767897113
0.6112339807
0.8152971732
0.123956451
0.251334984
0.4686767693
-0.2436116726
-0.6197948368
0.0104565791
1.5108176937
0.002942821
-0.2957448061
-0.6375160486
-0.8584455897
1.5594804728
0.5642092221
-0.0337359647
0.3734217612
-0.8485849608
-0.3169805757
-0.6803475689
-0.2807043669
-0.0238934353

0.0679631953
0.2380827991
-0.934433309
0.1097323583
2.9873045189
2.2664314457
1.3472573689
0
0.2025672587
1.1209928192
0.8406219631
0.1645201038
-0.3106315717
0.3240083277
1.2464955198
-0.1092695905
-0.557816566
0.1591965018
-1.2824623277
-0.078776613
1.8333460121
0.7246179966
-0.1833909801
0.9706508156
1.4623834308
0.9388928449
0.0235152719
-0.3859516222
0.302221756
-1.4091687473
-0.113363652
1.3028386352
-0.9630881717
-0.2315366092
-0.387895023
-0.2409654594
1.1590276712
-0.1444552914
-1.0047230571
0.2081887578
1.3657308758
0.3067786923
1.1847223859
-0.133977981
0.4770052367

0.4586149956
-2.1053915746
-0.5011018995
-0.2274225445
-1.4290905487
-0.0730602177
0.9726125715
1.2987185534
0.2105083679
0.3069190951
0.2648781952
1.0885973816
0.3591727441
0.4470384504
-0.5127321023
-0.5359125596
0.5510601778
-0.8997099366
-1.5373058941
1.0660826559
0.8186213583
-0.9617184424
-0.2971826305
-1.0550053927
0.7584015432
1.3257364656
0.1617693686
0.6738117849
1.0594607082
0.2952662158
-0.2811016144
0.2006272777
0.2800623487
-0.0871960774
-0.0196046191
0.3959644518
0.2305933052
0.9221369439
0.689487649
0.3903229598
-0.2298326473
-0.11240188
1.0764389101
-0.2563036005
-0.7218246156

-0.103779296
0.2448767577
-0.7834186663
-1.3566277046
0.5370041221
1.7459720394
0.0825656983
0.3059798435
-1.5804721162
-0.188960468
-1.1315355393
0.7204383298
-0.1248611782
0.0741308472
-0.2416884291
-1.1723543367
-0.1235291121
1.5026712739
-1.2637317773
0.309162272
-0.2568411707
-1.4725330621
0.4065460365
1.2815404193
0.6136254029
0.8596386112
0.2332445378
-0.2851064626
0.4492160617
0.7829239125
0.9733698373
1.8728884101
0.0234313042
0.169987326
-0.0155907079
0.0869617368
0.2205111304
0.2469312957
-0.3035797359
0.3834718259
0.486894957
-0.0575275035
-0.5174521416
0.2338260382
0.8980111641

0.6228361457
-0.7860354156
0.1494724155
0.2176798513
1.1072261072
-0.3766774372
-0.3646606435
0.1519115042
0.3133180676
-0.3047498949
-1.1717789255
-1.1560453886
0.1792415505
-0.7509888519
-0.8296253422
-0.0547172335
-1.8492384058
-0.46854083
1.6127425341
0.8076673244
1.2011865973
-0.684766939
-1.1237450103
0.3254180888
0.5560500933
0.0236469689
0.417664353

Beta for Year 2014

Beta using
Regression

1.474367

Covarience
Varience

0.939712
0.64

Beta using
Covariance

1.468299

Rm
Rf
Cost of Equity

42.24467
7.72
58.62203

Ambuja Cements Ltd (2015 - 2016)

Industry : Cement - Major - North India

Date

Ambuja Closing Share Price

Nifty

Daily return Ambuja

1-Jan-15
2-Jan-15

227.85 8,284.00
230.95 8,395.45

1.3605442177

5-Jan-15
6-Jan-15

230.75 8,378.40
221.95 8,127.35

-0.0865988309
-3.8136511376

7-Jan-15
8-Jan-15

219.9 8,102.10
226.25 8,234.60

-0.9236314485
2.8876762165

9-Jan-15
12-Jan-15
13-Jan-15
14-Jan-15
15-Jan-15
16-Jan-15
19-Jan-15
20-Jan-15
21-Jan-15
22-Jan-15
23-Jan-15
27-Jan-15
28-Jan-15
29-Jan-15
30-Jan-15
2-Feb-15
3-Feb-15
4-Feb-15
5-Feb-15
6-Feb-15
9-Feb-15
10-Feb-15
11-Feb-15
12-Feb-15
13-Feb-15
16-Feb-15
18-Feb-15
19-Feb-15
20-Feb-15
23-Feb-15
24-Feb-15

223.2
227.9
230.05
232.7
240.85
239.3
246.35
247.5
246.75
248.9
252
249.95
248.55
255.4
248.8
249.15
244.95
248.5
247.5
248.2
246.2
249.8
251
259.4
264.5
265.4
269.5
264.55
263.3
261.6
258.15

-1.3480662983
2.105734767
0.9433962264
1.1519234949
3.5023635582
-0.6435540793
2.9460927706
0.4668155064
-0.303030303
0.8713272543
1.2454801125
-0.8134920635
-0.5601120224
2.7559847113
-2.5841816758
0.1406752412
-1.6857314871
1.4492753623
-0.4024144869
0.2828282828
-0.8058017728
1.4622258327
0.4803843074
3.3466135458
1.966075559
0.3402646503
1.5448379804
-1.8367346939
-0.4725004725
-0.6456513483
-1.3188073394

8,284.50
8,323.00
8,299.40
8,277.55
8,494.15
8,513.80
8,550.70
8,695.60
8,729.50
8,761.40
8,835.60
8,910.50
8,914.30
8,952.35
8,808.90
8,797.40
8,756.55
8,723.70
8,711.70
8,661.05
8,526.35
8,565.55
8,627.40
8,711.55
8,805.50
8,809.35
8,869.10
8,895.30
8,833.60
8,754.95
8,762.10

25-Feb-15
26-Feb-15
27-Feb-15
28-Feb-15
2-Mar-15
3-Mar-15
4-Mar-15
5-Mar-15
9-Mar-15
10-Mar-15
11-Mar-15
12-Mar-15
13-Mar-15
16-Mar-15
17-Mar-15
18-Mar-15
19-Mar-15
20-Mar-15
23-Mar-15
24-Mar-15
25-Mar-15
26-Mar-15
27-Mar-15
30-Mar-15
31-Mar-15
1-Apr-15
6-Apr-15
7-Apr-15
8-Apr-15
9-Apr-15
10-Apr-15
13-Apr-15
15-Apr-15
16-Apr-15
17-Apr-15
20-Apr-15
21-Apr-15
22-Apr-15
23-Apr-15
24-Apr-15
27-Apr-15
28-Apr-15
29-Apr-15
30-Apr-15
4-May-15

260.9
259.5
268.7
271.6
284.95
281.35
274.95
273.8
263.6
259.75
259.8
263.7
256.05
256.6
258.1
252.75
251.2
255.15
255.55
253.05
248.5
250
249.6
257
255.25
259.8
260.25
259.9
257.65
256.5
257.95
256.35
259.9
251.65
246.8
247.25
239.65
242.3
237.55
233.9
229.75
230.75
238.85
234.2
240.45

8,767.25
8,683.85
8,844.60
8,901.85
8,956.75
8,996.25
8,922.65
8,937.75
8,756.75
8,712.05
8,699.95
8,776.00
8,647.75
8,633.15
8,723.30
8,685.90
8,634.65
8,570.90
8,550.90
8,542.95
8,530.80
8,342.15
8,341.40
8,492.30
8,491.00
8,586.25
8,659.90
8,660.30
8,714.40
8,778.30
8,780.35
8,834.00
8,750.20
8,706.70
8,606.00
8,448.10
8,377.75
8,429.70
8,398.30
8,305.25
8,213.80
8,285.60
8,239.75
8,181.50
8,331.95

1.0652721286
-0.5366040629
3.5452793834
1.079270562
4.9153166421
-1.2633795403
-2.2747467567
-0.4182578651
-3.7253469686
-1.4605462822
0.0192492782
1.5011547344
-2.9010238908
0.2148017965
0.5845674201
-2.0728399845
-0.6132542038
1.5724522293
0.1567705271
-0.9782821366
-1.7980636238
0.6036217304
-0.16
2.9647435897
-0.6809338521
1.7825661117
0.1732101617
-0.1344860711
-0.8657175837
-0.4463419367
0.5653021442
-0.6202752471
1.384825434
-3.1742978068
-1.9272799523
0.1823338736
-3.0738119312
1.1057792614
-1.9603796946
-1.5365186277
-1.7742625053
0.4352557127
3.5102925244
-1.9468285535
2.6686592656

5-May-15
6-May-15
7-May-15
8-May-15
11-May-15
12-May-15
13-May-15
14-May-15
15-May-15
18-May-15
19-May-15
20-May-15
21-May-15
22-May-15
25-May-15
26-May-15
27-May-15
28-May-15
29-May-15
1-Jun-15
2-Jun-15
3-Jun-15
4-Jun-15
5-Jun-15
8-Jun-15
9-Jun-15
10-Jun-15
11-Jun-15
12-Jun-15
15-Jun-15
16-Jun-15
17-Jun-15
18-Jun-15
19-Jun-15
22-Jun-15
23-Jun-15
24-Jun-15
25-Jun-15
26-Jun-15
29-Jun-15
30-Jun-15
1-Jul-15
2-Jul-15
3-Jul-15
6-Jul-15

238.75
226.7
231.25
233
237.9
228.95
234.85
235.55
234.45
240.45
238.8
238.85
240.95
241.35
233.05
227.1
228.05
229
237
239.2
230.65
226.1
228.85
221.8
222.7
225.7
226
222.05
219.2
215.95
219.1
222.45
221.9
226.05
228.4
230.45
226.8
226.8
227.3
227.4
229.5
237.2
238.75
241.7
245.7

8,324.80
8,097.00
8,057.30
8,191.50
8,325.25
8,126.95
8,235.45
8,224.20
8,262.35
8,373.65
8,365.65
8,423.25
8,421.00
8,458.95
8,370.25
8,339.35
8,334.60
8,319.00
8,433.65
8,433.40
8,236.45
8,135.10
8,130.65
8,114.70
8,044.15
8,022.40
8,124.45
7,965.35
7,982.90
8,013.90
8,047.30
8,091.55
8,174.60
8,224.95
8,353.10
8,381.55
8,360.85
8,398.00
8,381.10
8,318.40
8,368.50
8,453.05
8,444.90
8,484.90
8,522.15

-0.7070076939
-5.0471204188
2.0070577856
0.7567567568
2.1030042918
-3.7620849096
2.5769818738
0.2980625931
-0.466992146
2.5591810621
-0.68621335
0.0209380235
0.8792128951
0.1660095455
-3.4389890201
-2.5531001931
0.4183179216
0.4165753124
3.4934497817
0.9282700422
-3.5744147157
-1.9726858877
1.2162759841
-3.0806204938
0.4057709648
1.347103727
0.1329198051
-1.7477876106
-1.2834947084
-1.4826642336
1.4586709887
1.5289821999
-0.2472465723
1.8702118071
1.0395930104
0.8975481611
-1.5838576698
0
0.2204585538
0.0439947206
0.9234828496
3.3551198257
0.6534569983
1.2356020942
1.6549441456

7-Jul-15
8-Jul-15
9-Jul-15
10-Jul-15
13-Jul-15
14-Jul-15
15-Jul-15
16-Jul-15
17-Jul-15
20-Jul-15
21-Jul-15
22-Jul-15
23-Jul-15
24-Jul-15
27-Jul-15
28-Jul-15
29-Jul-15
30-Jul-15
31-Jul-15
3-Aug-15
4-Aug-15
5-Aug-15
6-Aug-15
7-Aug-15
10-Aug-15
11-Aug-15
12-Aug-15
13-Aug-15
14-Aug-15
17-Aug-15
18-Aug-15
19-Aug-15
20-Aug-15
21-Aug-15
24-Aug-15
25-Aug-15
26-Aug-15
27-Aug-15
28-Aug-15
31-Aug-15
1-Sep-15
2-Sep-15
3-Sep-15
4-Sep-15
7-Sep-15

245.7
241.05
242.1
241.6
247.25
250.95
254.6
253.9
250.55
251.45
242.2
246.55
244.45
240.35
234.3
230.5
233.65
231.15
232.45
229.05
228.95
230.05
229.95
228.5
226.45
222.95
222.9
222.05
225.6
225.3
226.7
230.9
223.9
226.75
213.25
208.4
199
210.1
206.1
207.4
207.75
210.45
218.75
211.9
207

8,510.80
8,363.05
8,328.55
8,360.55
8,459.65
8,454.10
8,523.80
8,608.05
8,609.85
8,603.45
8,529.45
8,633.50
8,589.80
8,521.55
8,361.00
8,337.00
8,375.05
8,421.80
8,532.85
8,543.05
8,516.90
8,567.95
8,588.65
8,564.60
8,525.60
8,462.35
8,349.45
8,355.85
8,518.55
8,477.30
8,466.55
8,495.15
8,372.75
8,299.95
7,809.00
7,880.70
7,791.85
7,948.95
8,001.95
7,971.30
7,785.85
7,717.00
7,823.00
7,655.05
7,558.80

0
-1.8925518926
0.435594275
-0.2065262288
2.3385761589
1.4964610718
1.4544730026
-0.2749410841
-1.3194170933
0.3592097386
-3.6786637502
1.7960363336
-0.8517542081
-1.6772346083
-2.5171624714
-1.6218523261
1.3665943601
-1.0699764605
0.5624053645
-1.4626801463
-0.0436585898
0.4804542477
-0.0434688111
-0.6305718634
-0.8971553611
-1.5455950541
-0.022426553
-0.3813369224
1.5987390227
-0.1329787234
0.6213936973
1.8526687252
-3.0316154179
1.2728896829
-5.953693495
-2.2743259086
-4.5105566219
5.5778894472
-1.903855307
0.6307617661
0.168756027
1.2996389892
3.9439296745
-3.1314285714
-2.3124115149

8-Sep-15
9-Sep-15
10-Sep-15
11-Sep-15
14-Sep-15
15-Sep-15
16-Sep-15
18-Sep-15
21-Sep-15
22-Sep-15
23-Sep-15
24-Sep-15
28-Sep-15
29-Sep-15
30-Sep-15
1-Oct-15
5-Oct-15
6-Oct-15
7-Oct-15
8-Oct-15
9-Oct-15
12-Oct-15
13-Oct-15
14-Oct-15
15-Oct-15
16-Oct-15
19-Oct-15
20-Oct-15
21-Oct-15
23-Oct-15
26-Oct-15
27-Oct-15
28-Oct-15
29-Oct-15
30-Oct-15
2-Nov-15
3-Nov-15
4-Nov-15
5-Nov-15
6-Nov-15
9-Nov-15
10-Nov-15
11-Nov-15
13-Nov-15
16-Nov-15

208.55
212.6
211.25
207.4
211.45
205.1
210.15
209.8
209.75
207.8
208.8
206.9
203
202.9
205.65
209.95
210.25
209.55
209.05
210.35
209.15
209.8
209.95
210
209.7
212.5
210.25
209.9
209.1
208.7
208.5
205.55
208.75
207.35
207.3
210.05
209.5
209.4
208.4
209.8
205.2
197.2
197.8
192.95
194.4

7,688.25
7,818.60
7,788.10
7,789.30
7,872.25
7,829.10
7,899.15
7,981.90
7,977.10
7,812.00
7,845.95
7,868.50
7,795.70
7,843.30
7,948.90
7,950.90
8,119.30
8,152.90
8,177.40
8,129.35
8,189.70
8,143.60
8,131.70
8,107.90
8,179.50
8,238.15
8,275.05
8,261.65
8,251.70
8,295.45
8,260.55
8,232.90
8,171.20
8,111.75
8,065.80
8,050.80
8,060.70
8,040.20
7,955.45
7,954.30
7,915.20
7,783.35
7,825.00
7,762.25
7,806.60

0.7487922705
1.9419803404
-0.6349952963
-1.8224852071
1.9527483124
-3.0030740128
2.4622135544
-0.166547704
-0.0238322212
-0.9296781883
0.4812319538
-0.9099616858
-1.8849685839
-0.0492610837
1.3553474618
2.0909311938
0.1428911646
-0.3329369798
-0.2386065378
0.6218607989
-0.5704777751
0.3107817356
0.0714966635
0.0238151941
-0.1428571429
1.3352408202
-1.0588235294
-0.1664684899
-0.3811338733
-0.1912960306
-0.0958313368
-1.4148681055
1.5567988324
-0.6706586826
-0.0241138172
1.326579836
-0.2618424185
-0.0477326969
-0.4775549188
0.6717850288
-2.192564347
-3.8986354776
0.3042596349
-2.4519716886
0.7514900233

17-Nov-15
18-Nov-15
19-Nov-15
20-Nov-15
23-Nov-15
24-Nov-15
26-Nov-15
27-Nov-15
30-Nov-15
1-Dec-15
2-Dec-15
3-Dec-15
4-Dec-15
7-Dec-15
8-Dec-15
9-Dec-15
10-Dec-15
11-Dec-15
14-Dec-15
15-Dec-15
16-Dec-15
17-Dec-15
18-Dec-15
21-Dec-15
22-Dec-15
23-Dec-15
24-Dec-15
28-Dec-15
29-Dec-15
30-Dec-15
31-Dec-15

199.05
197.4
197.95
200.9
201.25
202.35
203.05
201.9
198.85
200.7
200.45
198
195.05
195.9
194.45
189.5
189.75
188.75
192.9
193.25
194.2
197.9
199.9
200.7
200
201.4
203.35
202.2
205.45
204.55
203.3

7,837.55
7,731.80
7,842.75
7,856.55
7,849.25
7,831.60
7,883.80
7,942.70
7,935.25
7,954.90
7,931.35
7,864.15
7,781.90
7,765.40
7,701.70
7,612.50
7,683.30
7,610.45
7,650.05
7,700.90
7,750.90
7,844.35
7,761.95
7,834.45
7,786.10
7,865.95
7,861.05
7,925.15
7,928.95
7,896.25
7,946.35

2.3919753086
-0.8289374529
0.2786220871
1.4902753221
0.1742160279
0.5465838509
0.3459352607
-0.5663629648
-1.5106488361
0.9303495097
-0.1245640259
-1.2222499376
-1.4898989899
0.435785696
-0.7401735579
-2.5456415531
0.1319261214
-0.5270092227
2.1986754967
0.1814411612
0.4915912031
1.9052523172
1.0106114199
0.4002001001
-0.3487792725
0.7
0.9682224429
-0.5655274158
1.6073194857
-0.438062789
-0.6110975312

ments Ltd (2015 - 2016)

ement - Major - North India

Daily return Nifty

1.3453645582
-0.2030861955
-2.9963954932
-0.3106793727
1.6353784821
0.6059796469
0.4647232784
-0.283551604
-0.2632720438
2.6167162989
0.231335684
0.4334139867
1.6945981031
0.3898523391
0.3654275732
0.8468966147
0.8477070035
0.0426463161
0.4268422647
-1.6023725614
-0.1305497849
-0.4643417373
-0.3751477465
-0.1375563121
-0.5814020226
-1.5552386835
0.4597512417
0.7220785589
0.9753807636
1.0784533177
0.0437226733
0.6782566251
0.2954076513
-0.6936247232
-0.89035048
0.0816680849

0.0587758642
-0.9512675012
1.8511374563
0.6472876105
0.6167257368
0.4410081782
-0.8181186606
0.1692322348
-2.0251181785
-0.5104633568
-0.1388880918
0.8741429548
-1.4613719234
-0.1688300425
1.044230669
-0.4287368312
-0.5900367262
-0.7383043899
-0.2333477231
-0.0929726695
-0.1422225344
-2.2113986965
-0.0089904881
1.8090488407
-0.0153079849
1.1217759981
0.8577667783
0.004618991
0.6246896759
0.7332690719
0.023353041
0.6110234786
-0.9486076523
-0.4971314941
-1.1565805644
-1.834766442
-0.8327316201
0.6200948942
-0.3724924968
-1.1079623257
-1.1011107432
0.8741386447
-0.5533697017
-0.7069389241
1.8389048463

-0.0858142452
-2.7364020757
-0.4903050513
1.6655703524
1.6327900873
-2.3819104531
1.3350642
-0.1366045571
0.4638749058
1.3470743796
-0.0955377882
0.6885298811
-0.0267117799
0.4506590666
-1.0485935016
-0.3691646008
-0.0569588757
-0.1871715499
1.3781704532
-0.0029643156
-2.3353570328
-1.2305058611
-0.0547012329
-0.1961712778
-0.8694098365
-0.2703828248
1.272063223
-1.9582864071
0.2203293013
0.3883300555
0.416775852
0.5498738707
1.0263793711
0.615932278
1.5580641828
0.3405921155
-0.2469710256
0.4443328131
-0.2012383901
-0.748111823
0.6022792845
1.0103363805
-0.0964149035
0.4736586579
0.4390151917

-0.1331823542
-1.7360295154
-0.4125289219
0.3842205426
1.1853287164
-0.0656055511
0.824452041
0.9884089256
0.0209106592
-0.0743334669
-0.8601200681
1.2198910832
-0.5061678346
-0.7945470209
-1.8840469163
-0.2870470039
0.4563991844
0.5582056227
1.3186017241
0.1195380207
-0.3060967687
0.599396494
0.2415980485
-0.280020725
-0.4553627723
-0.7418832692
-1.3341447707
0.0766517555
1.9471388309
-0.4842373409
-0.1268092435
0.3377999303
-1.4408221161
-0.869487325
-5.9150958741
0.9181713408
-1.127437918
2.0162092443
0.6667547286
-0.383031636
-2.3264712155
-0.8842965123
1.3735907736
-2.1468746005
-1.2573399259

1.7125734244
1.6954443469
-0.3900954135
0.0154081226
1.0649223935
-0.5481279177
0.8947388589
1.0475810688
-0.0601360578
-2.0696744431
0.4345878136
0.2874094278
-0.9252081083
0.6105930192
1.3463720628
0.0251607141
2.1179992202
0.4138287783
0.3005065682
-0.5875950791
0.7423717763
-0.562902182
-0.14612702
-0.2926817271
0.8830893326
0.7170364937
0.4479160977
-0.1619325563
-0.1204359904
0.5301937783
-0.4207125593
-0.3347234748
-0.7494321563
-0.7275553162
-0.5664622307
-0.1859703935
0.1229691459
-0.2543203444
-1.0540782568
-0.0144554991
-0.4915580252
-1.6657822923
0.5351166272
-0.8019169329
0.5713549551

0.3964594061
-1.3492736888
1.4349827983
0.175958688
-0.0929161019
-0.224862248
0.6665304663
0.7471016515
-0.0937968197
0.2476292492
-0.2960439478
-0.8472706412
-1.0458854422
-0.212030481
-0.8203054575
-1.1581858551
0.9300492611
-0.9481602957
0.520337168
0.6647015379
0.6492747601
1.2056664387
-1.0504375761
0.9340436359
-0.6171460664
1.0255455234
-0.0622938107
0.8154126993
0.0479486193
-0.4124127407
0.6344783916

Beta for Year 2015

Beta using
Regression

1.106992

Covarience
Varience

1.15158
1.044508

Beta using
Covariance

1.10251

Rm
Rf
Cost of Equity

-4.236908
7.72
-5.516199

WACC
Year
Total debt
Interest Paid
Tax Rate
Cost of debt
Outstanding Shares
Share Price
Market cap
Cost of equity
Weight of equity
Weight of debt
WACC

2011
428000000.00
526300000.00
0.30
86.08

2012
346300000.00
756600000.00
0.30
152.94

1534369261

1542184436

139.93
177.37
214704290691.73 273537253413.32
-18.27
32.50
1.00
1.00
0.00
0.00
-18.06
32.65

2013
291500000.00
650800000.00
0.30
156.28
1545860286

184.97
285937777101.42
10.56
1.00
0.00
10.71

2014
190900000.00 Data
644800000.00 Data
0.30 Data
236.44 Data

2015
Not available
Not available
Not available
Not available
1327125437.00
1549745786
205.21
228.80
318023332745.06
303646299985.60
58.62
-5.52
1.00 Data Not available
0.00 Data Not available
58.73 Data Not available