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. Vinati Organics Limited
Vinati Organics Limited, established in 1989, specializes in manufacturing specialty chemicals and organic intermediates. The company operates from Maharashtra and serves over 35 countries worldwide. It focuses on innovation, producing high-quality, cost-effective chemicals. The firm has a strong market presence and a commitment to sustainability.
With a market capitalization of Rs. 19,028.35 crore, the share price of Vinati Organics Limited closed at Rs. 1,835.55 per share on Monday, down by 1.41 percent from its previous close.
Coming onto the company’s important financial ratios, the return on equity (RoE) stood at 13.8 percent and the return on capital employed stood at 18.5 percent during FY23-24. The stock has a beta of 0.61
Vinati Organics Limited’s revenue has decreased from Rs. 2,066 crore in FY23 to Rs. 1,900 crore in FY24, which has down by 8.03 percent. The net profit of the company has decreased by 25.3 percent, from Rs. 419 crore in FY23 to Rs. 323 crore in FY24.
2. Alembic Pharmaceuticals Limited
Alembic Pharmaceuticals Limited is a leading Indian pharmaceutical company headquartered in Vadodara, Gujarat. It specializes in manufacturing active pharmaceutical ingredients (APIs) and generic formulations. The company operates globally, focusing on quality healthcare solutions.
With a market capitalization of Rs. 20,242.07 crore, the share price of Alembic Pharmaceuticals Limited closed at Rs. 1,029.80 per share on Monday, up by 1.07 percent from its previous close.
Coming onto the company’s important financial ratios, the return on equity (RoE) stood at 13.3 percent and the return on capital employed stood at 13.1 percent during FY23-24. The stock has a beta of 0.68
Alembic Pharmaceuticals Limited’s revenue has increased from Rs. 5,653 crore in FY23 to Rs. 6,229 crore in FY24, which has grown by 11.43 percent. The net profit of the company has increased by 80.12 percent, from Rs. 342 crore in FY23 to Rs. 616 crore in FY24.
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3. Blue Dart Express Limited
Blue Dart Express Limited is South Asia’s leading integrated air express carrier and logistics provider. Established in 1991, it operates over 55,400 locations across India. The company offers secure delivery services, including air express and freight forwarding.
With a market capitalization of Rs. 18,112.96 crore, the share price of Blue Dart Express Limited closed at Rs. 7,633.60 per share on Monday, up by 2.03 percent from its previous close.
Coming onto the company’s important financial ratios, the return on equity (RoE) stood at 22.7 percent and the return on capital employed stood at 19.2 percent during FY23-24. The stock has a beta of 0.62
Blue Dart Express Limited’s revenue has increased from Rs. 5,172 crore in FY23 to Rs. 5,268 crore in FY24, which has grown by 1.86 percent. The net profit of the company has decreased by 18.87 percent, from Rs. 371 crore in FY23 to Rs. 301 crore in FY24.
4. Ramco Industries Limited
Ramco Industries Limited was founded in 1965 and is a prominent manufacturer of fiber cement sheets and calcium silicate boards. The company operates multiple plants across South Asia. The company emphasizes sustainable building materials and innovative construction solutions.
With a market capitalization of Rs. 2,456.26 crore, the share price of Ramco Industries Limited closed at Rs. 282.95 per share on Monday, up by 1.49 percent from its previous close.
Coming onto the company’s important financial ratios, the return on equity (RoE) stood at 2.67 percent and the return on capital employed stood at 3.15 percent during FY23-24. The stock has a beta of 0.81
Ramco Industries Limited’s revenue has increased from Rs. 1,458 crore in FY23 to Rs. 1,501 crore in FY24, which has grown by 2.95 percent. The net profit of the company has decreased by 14.52 percent, from Rs. 124 crore in FY23 to Rs. 106 crore in FY24.
Written By – NIkhil Naik
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