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
1. Solar Industries India Ltd
Solar Industries India Ltd. is a leading manufacturer of industrial explosives, explosives accessories, and defense-related products. The company provides solutions to the mining, construction, and defense industries and has a significant presence both in India and internationally.
The stock is trading at a 1-Year Beta of 0.54 with a market capitalization of Rs. 1,25,781.18 crores, the company’s revenue has risen by 33.4 percent from Rs. 1,628.36 crores to Rs. 2,173.1 crores in Q4FY24-25. Meanwhile, Net profit rose from Rs. 235.05 crore to Rs. 322.23 crore during the same period.
Solar Industries India has an impressive Return on Equity (RoE) of 27.57 percent and a Return on Capital Employed (RoCE) of 29.31 percent. Furthermore, the company’s debt-to-equity ratio is 0.22.
2. Dr Reddy’s Laboratories Ltd
Dr. Reddy’s Laboratories is a global pharmaceutical company based in India, specializing in manufacturing generic medications, active pharmaceutical ingredients (APIs), and biosimilars. The company operates in numerous countries and has a strong presence in key therapeutic areas such as oncology, cardiology, and dermatology.
The stock is trading at a 1-Year Beta of 0.40 with a market capitalization of Rs. 1,07,605.94 crores, the company’s revenue has risen by 12.42 percent from Rs. 7,883.3 crores to Rs. 8,862.4 crores in Q1FY25-26. Meanwhile, Net profit rose from Rs. 1,392.4 crore to Rs. 1,418.1 crore during the same period.
Dr Reddy’s Laboratories has an impressive Return on Equity (RoE) of 16.86 percent and a Return on Capital Employed (RoCE) of 20.7 percent. Furthermore, the company’s debt-to-equity ratio is 0.14.
3. Coforge Ltd
OFORGE Ltd (formerly NIIT Technologies) is a global IT services and consulting company specializing in digital transformation, technology solutions, and outsourcing services. The company offers a broad range of services across sectors like banking, insurance, travel, and healthcare.
The stock is trading at a 1-Year Beta of 0.74 with a market capitalization of Rs. 57,146.79 crores, the company’s revenue has risen by 52.8 percent from Rs. 2,426.2 crores to Rs. 3,707.23,441.3 crores in Q1FY25-26. Meanwhile, Net profit rose from Rs. 133.2 crore to Rs. 317.4 crore during the same period.
Coforge has an impressive Return on Equity (RoE) of 12.73 percent and a Return on Capital Employed (RoCE) of 16.84 percent. Furthermore, the company’s debt-to-equity ratio is 0.17.
4. Gillette India Ltd
Gillette India Ltd, a subsidiary of Procter & Gamble (P&G), is one of India’s leading brands in the personal care and grooming sector. Known for its premium shaving products, Gillette offers a wide range of razors, shaving creams, and aftershaves. The company focuses on providing cutting-edge grooming solutions, ensuring comfort and precision in every product.
The stock is trading at a 1-Year Beta of 0.32 with a market capitalization of Rs. 34,947.65 crores, the company’s revenue has risen by 13.5 percent from Rs. 686.43 crores to Rs. 779.21 crores in Q4FY24-25. Meanwhile, Net profit rose from Rs. 99.09 crore to Rs. 158.68 crore during the same period.
Gillette India has an impressive Return on Equity (RoE) of 52.16 percent and a Return on Capital Employed (RoCE) of 70.52 percent. Furthermore, the company’s debt-to-equity ratio is 0.41.
5. ITC Ltd
ITC Ltd is one of India’s leading diversified conglomerates, with business operations spanning across FMCG, hotels, paperboards, packaging, agri-business, and information technology. The company’s FMCG brands, such as Aashirvaad, Sunfeast, and Classmate, have a strong foothold in the Indian market.
The stock is trading at a 1-Year Beta of 0.78 with a market capitalization of Rs. 5,21,609.25 crores, the company’s revenue has risen by 4.2 percent from Rs. 18,606 crores to Rs. 19,405 crores in Q4FY24-25. Meanwhile, Net profit rose from Rs. 5,120.55 crore to Rs. 19,727 crore during the same period.
ITC Ltd has an impressive Return on Equity (RoE) of 28.17 percent and a Return on Capital Employed (RoCE) of 38.18 percent. Furthermore, the company’s debt-to-equity ratio is 0.
Written by Sridhar J
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