Beta measures a stock’s volatility in relation to the stock market as a whole. A beta of 1 indicates that the stock’s price moves in line with the market. A beta less than 1 suggests the stock is less volatile than the market, while a beta greater than 1 indicates the stock is more volatile.
Overall, investing in low-beta stocks can be a strategic move for investors who want to minimize their exposure to market volatility, protect their portfolios against downturns, and potentially achieve long-term outperformance.
1. SJVN Limited
SJVN Limited generates electricity through hydro, wind, and solar power projects across India. The company operates renewable energy facilities, including the 47.6MW Khirvire Wind Project and multiple solar installations. SJVN diversifies its operations through power transmission services, consultancy, and energy trading activities.
With a market capitalization of Rs. 42,186.35 crore, the share price of SJVN Limited closed at Rs. 107.35 per share on Friday, down by 3.94 percent from its previous close.
Coming onto the company’s important financial ratios, the return on equity (RoE) stood at 5.90 percent and the return on capital employed stood at 4.99 percent during FY23-24. The stock has a beta of 0.62 SJVN Limited’s revenue has decreased from Rs. 2,938 crore in FY23 to Rs. 2,579 crore in FY24, which has down by 12.22 percent. The net profit of the company has decreased by 32.97 percent, from Rs. 1,359 crore in FY23 to Rs. 911 crore in FY24.
2. Alkem Laboratories Limited
Alkem Laboratories develops and manufactures pharmaceutical products across diverse therapeutic areas through 21 facilities in India and USA. The company markets 800 brands including Clavam, Pan, and Taxim in 40 countries worldwide. Alkem serves healthcare needs through prescription medicines, generic drugs, and over-the-counter products.
With a market capitalization of Rs. 42,186.35 crore, the share price of Alkem Laboratories Limited closed at Rs. 5948.9 per share on Friday, down by 0.11 percent from its previous close.
Coming onto the company’s important financial ratios, the return on equity (RoE) stood at 19.6 percent and the return on capital employed stood at 19.7 percent during FY23-24. The stock has a beta of 0.60 Alkem Laboratories Limited’s revenue has increased from Rs. 11,599 crore in FY23 to Rs. 12,668 crore in FY24, which is grown by 9.22 percent. The company’s net profit has increased by 79.84 percent, from Rs. 1,007 crore in FY23 to Rs. 1,811 crore in FY24.
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3. Marico Limited
Marico produces beauty and wellness products through seven manufacturing facilities across India, serving 50 countries worldwide. The company markets popular brands like Parachute, Saffola, and Beardo in multiple consumer categories. Marico dominates personal care segments with hair oils, male grooming products, and healthy foods through its subsidiaries.
With a market capitalization of Rs. 82,798.80 crores, the share price of Marico Limited closed at Rs. 639.50 per share on Friday, a rise of 0.84 percent from its previous close.
Coming onto the company’s important financial ratios, the return on equity (RoE) stood at 38.5 percent and the return on capital employed stood at 43.1 percent during FY23-24. The stock has a beta of 0.3 Marico Limited’s revenue has decreased from Rs. 9,764 crore in FY23 to Rs. 9,653 crore in FY24, which is down by 1.14 percent. The company’s net profit has increased by 13.62 percent, from Rs. 1,322 crore in FY23 to Rs. 1,502 crore in FY24.
4. Escorts Kubota Limited
Escorts Kubota manufactures agricultural machinery, construction equipment, and railway components through specialized business segments in India. The company produces tractors, farming implements, material handling solutions, and essential railway parts. Escorts Kubota strengthens agricultural mechanization by offering comprehensive equipment solutions and support services.
With a market capitalization of Rs. 39,392.16 crores, the share price of Escorts Kubota Limited closed at Rs. 3521 per share on Friday, a rise of 0.76 percent from its previous close.
Coming onto the company’s important financial ratios, the return on equity (RoE) stood at 12 percent and the return on capital employed stood at 16.1 percent during FY23-24. The stock has a beta of 0.56 Escorts Kubota Limited’s revenue has increased from Rs. 8,429 crore in FY23 to Rs. 8,850 crore in FY24, which has grown by 4.99 percent. The company’s net profit has increased by 64.68 percent, from Rs. 637 crore in FY23 to Rs. 1,049 crore in FY24.
Written By – NIkhil Naik
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