Professional Documents
Culture Documents
FM SLP Company Undertaken Group No. ROLL NO. 140
FM SLP Company Undertaken Group No. ROLL NO. 140
FM SLP Company Undertaken Group No. ROLL NO. 140
Company undertaken
GROUP NO.
ROLL NO. 140
141
153
125
4
BAJAJ AUTO LTD
11
SAKSHI AGRAWAL
Akshay Peshwe
Sanjeeda Siddique
Hina Khera
COST OF DEBT
Credit Rating for BAJAJ AUTO LTD is AAA for bank loans as obtained from the Website of crisil.
Risk free rate by Indian Government for 5 year
Bonds Yeild is taken from the trading Economics
webiste as shown in the screen shot is 8.05%
Rf
8.05
0.53
8.58
0.3
Cost of Debt
6.006
ebsite of crisil.
CALCULATING Beta by taking data of last 1 year, from NSE India for both NIFTY and BAJAJ AUTO
Beta is a measure of the volatility of a stock's returns relative to the equity returns of the overall market.
Date
NIFTY Closing
30-Dec-13
6291.1
31-Dec-13
6304
1-Jan-14
6301.65
2-Jan-14
6221.15
3-Jan-14
6211.15
6-Jan-14
6191.45
7-Jan-14
6162.25
8-Jan-14
6174.6
9-Jan-14
6168.35
10-Jan-14
6171.45
13-Jan-14
6272.75
14-Jan-14
6241.85
15-Jan-14
6320.9
16-Jan-14
6318.9
17-Jan-14
6261.65
20-Jan-14
6303.95
21-Jan-14
6313.8
22-Jan-14
6338.95
23-Jan-14
6345.65
24-Jan-14
6266.75
27-Jan-14
6135.85
28-Jan-14
6126.25
29-Jan-14
6120.25
30-Jan-14
6073.7
31-Jan-14
6089.5
3-Feb-14
6001.8
4-Feb-14
6000.9
5-Feb-14
6022.4
6-Feb-14
6036.3
7-Feb-14
6063.2
10-Feb-14
6053.45
11-Feb-14
6062.7
12-Feb-14
6084
Daily Returns(%)
0.205
-0.037
-1.277
-0.161
-0.317
-0.472
0.200
-0.101
0.050
1.641
-0.493
1.266
-0.032
-0.906
0.676
0.156
0.398
0.106
-1.243
-2.089
-0.156
-0.098
-0.761
0.260
-1.440
-0.015
0.358
0.231
0.446
-0.161
0.153
0.351
Date
30-Dec-13
1900.7
31-Dec-13
1910.85
1-Jan-14
1917.4
2-Jan-14
1900.05
3-Jan-14
1895.55
6-Jan-14
1888.3
7-Jan-14
1889.95
8-Jan-14
1918.3
9-Jan-14
1909.45
10-Jan-14
1900.3
13-Jan-14
1895.8
14-Jan-14
1870.55
15-Jan-14
1894
16-Jan-14
1907.75
17-Jan-14
1933.45
20-Jan-14
1931.5
21-Jan-14
1942.4
22-Jan-14
1949.7
23-Jan-14
1939.05
24-Jan-14
1931.7
27-Jan-14
1912.8
28-Jan-14
1944.7
29-Jan-14
1912.95
30-Jan-14
1920.85
31-Jan-14
1901.5
3-Feb-14
1830.8
4-Feb-14
1868.25
5-Feb-14
1894.7
6-Feb-14
1896.95
7-Feb-14
1935.35
10-Feb-14
1935.35
11-Feb-14
1936.5
12-Feb-14
1927.5
13-Feb-14
6001.1
14-Feb-14
6048.35
17-Feb-14
6073.3
18-Feb-14
6127.1
19-Feb-14
6152.75
20-Feb-14
6091.45
21-Feb-14
6155.45
24-Feb-14
6186.1
25-Feb-14
6200.05
26-Feb-14
6238.8
28-Feb-14
6276.95
3-Mar-14
6221.45
4-Mar-14
6297.95
5-Mar-14
6328.65
6-Mar-14
6401.15
7-Mar-14
6526.65
10-Mar-14
6537.25
11-Mar-14
6511.9
12-Mar-14
6516.9
13-Mar-14
6493.1
14-Mar-14
6504.2
18-Mar-14
6516.65
19-Mar-14
6524.05
20-Mar-14
6483.1
21-Mar-14
6493.2
22-Mar-14
6494.9
24-Mar-14
6583.5
25-Mar-14
6589.75
26-Mar-14
6601.4
27-Mar-14
6641.75
28-Mar-14
6695.9
31-Mar-14
6704.2
1-Apr-14
6721.05
2-Apr-14
6752.55
3-Apr-14
6736.1
4-Apr-14
6694.35
7-Apr-14
6695.05
-1.363
0.787
0.413
0.886
0.419
-0.996
1.051
0.498
0.226
0.625
0.611
-0.884
1.230
0.487
1.146
1.961
0.162
-0.388
0.077
-0.365
0.171
0.191
0.114
-0.628
0.156
0.026
1.364
0.095
0.177
0.611
0.815
0.124
0.251
0.469
-0.244
-0.620
0.010
13-Feb-14
1902.85
14-Feb-14
1839.6
17-Feb-14
1845.35
18-Feb-14
1844.65
19-Feb-14
1820.9
20-Feb-14
1842.4
21-Feb-14
1862.7
24-Feb-14
1861.8
25-Feb-14
1902.25
26-Feb-14
1920.9
28-Feb-14
1946.35
3-Mar-14
1917.05
4-Mar-14
1921.95
5-Mar-14
1920.65
6-Mar-14
1957.9
7-Mar-14
1954.7
10-Mar-14
2005
11-Mar-14
1986.55
12-Mar-14
1959
13-Mar-14
1966.7
14-Mar-14
1974.3
18-Mar-14
1994.9
19-Mar-14
2008.7
20-Mar-14
1972.9
21-Mar-14
1977.85
22-Mar-14
1981.1
24-Mar-14
2021.45
25-Mar-14
2014.05
26-Mar-14
2039.6
27-Mar-14
2072.35
28-Mar-14
2058
31-Mar-14
2083.6
1-Apr-14
2065.2
2-Apr-14
2053.6
3-Apr-14
2053.35
4-Apr-14
2028.9
7-Apr-14
2022.6
9-Apr-14
6796.2
10-Apr-14
6796.4
11-Apr-14
6776.3
15-Apr-14
6733.1
16-Apr-14
6675.3
17-Apr-14
6779.4
21-Apr-14
6817.65
22-Apr-14
6815.35
23-Apr-14
6840.8
25-Apr-14
6782.75
28-Apr-14
6761.25
29-Apr-14
6715.25
30-Apr-14
6696.4
2-May-14
6694.8
5-May-14
6699.35
6-May-14
6715.3
7-May-14
6652.55
8-May-14
6659.85
9-May-14
6858.8
12-May-14
7014.25
13-May-14
7108.75
14-May-14
7108.75
15-May-14
7123.15
16-May-14
7203
19-May-14
7263.55
20-May-14
7275.5
21-May-14
7252.9
22-May-14
7276.4
23-May-14
7367.1
26-May-14
7359.05
27-May-14
7318
28-May-14
7329.65
29-May-14
7235.65
30-May-14
7229.95
2-Jun-14
7362.5
3-Jun-14
7415.85
4-Jun-14
7402.25
1.511
0.003
-0.296
-0.638
-0.858
1.559
0.564
-0.034
0.373
-0.849
-0.317
-0.680
-0.281
-0.024
0.068
0.238
-0.934
0.110
2.987
2.266
1.347
0.000
0.203
1.121
0.841
0.165
-0.311
0.324
1.246
-0.109
-0.558
0.159
-1.282
-0.079
1.833
0.725
-0.183
9-Apr-14
2031.3
10-Apr-14
2022.15
11-Apr-14
2007.55
15-Apr-14
2004.4
16-Apr-14
2000.55
17-Apr-14
2016.05
21-Apr-14
2014.15
22-Apr-14
2003.35
23-Apr-14
2004.65
25-Apr-14
1996.05
28-Apr-14
1985
29-Apr-14
1939.5
30-Apr-14
1912.15
2-May-14
1906.7
5-May-14
1918.85
6-May-14
1900.35
7-May-14
1868.15
8-May-14
1879.25
9-May-14
1919.95
12-May-14
1948.15
13-May-14
1977.3
14-May-14
2041.75
15-May-14
1950.5
16-May-14
1931.7
19-May-14
1878.35
20-May-14
1866.4
21-May-14
1961.15
22-May-14
1986.75
23-May-14
1976.25
26-May-14
1961.2
27-May-14
1972
28-May-14
1948.4
29-May-14
1941.2
30-May-14
1943.95
2-Jun-14
1974.4
3-Jun-14
1970.15
4-Jun-14
2002.5
5-Jun-14
7474.1
6-Jun-14
7583.4
9-Jun-14
7654.6
10-Jun-14
7656.4
11-Jun-14
7626.85
12-Jun-14
7649.9
13-Jun-14
7542.1
16-Jun-14
7533.55
17-Jun-14
7631.7
18-Jun-14
7558.2
19-Jun-14
7540.7
20-Jun-14
7511.45
23-Jun-14
7493.35
24-Jun-14
7580.2
25-Jun-14
7569.25
26-Jun-14
7493.2
27-Jun-14
7508.8
30-Jun-14
7611.35
1-Jul-14
7634.7
2-Jul-14
7725.15
3-Jul-14
7714.8
4-Jul-14
7751.6
7-Jul-14
7787.15
8-Jul-14
7623.2
9-Jul-14
7585
10-Jul-14
7567.75
11-Jul-14
7459.6
14-Jul-14
7454.15
15-Jul-14
7526.65
16-Jul-14
7624.4
17-Jul-14
7640.45
18-Jul-14
7663.9
21-Jul-14
7684.2
22-Jul-14
7767.85
23-Jul-14
7795.75
24-Jul-14
7830.6
25-Jul-14
7790.45
0.971
1.462
0.939
0.024
-0.386
0.302
-1.409
-0.113
1.303
-0.963
-0.232
-0.388
-0.241
1.159
-0.144
-1.005
0.208
1.366
0.307
1.185
-0.134
0.477
0.459
-2.105
-0.501
-0.227
-1.429
-0.073
0.973
1.299
0.211
0.307
0.265
1.089
0.359
0.447
-0.513
5-Jun-14
2000.9
6-Jun-14
2048.4
9-Jun-14
2161.75
10-Jun-14
2152.5
11-Jun-14
2180.85
12-Jun-14
2185.6
13-Jun-14
2170.7
16-Jun-14
2169.75
17-Jun-14
2160.35
18-Jun-14
2150.6
19-Jun-14
2160.25
20-Jun-14
2179.8
23-Jun-14
2191.1
24-Jun-14
2221.15
25-Jun-14
2275.85
26-Jun-14
2289
27-Jun-14
2309.1
30-Jun-14
2316.2
1-Jul-14
2334.7
2-Jul-14
2349.8
3-Jul-14
2300.1
4-Jul-14
2299.2
7-Jul-14
2302.7
8-Jul-14
2226.3
9-Jul-14
2169.65
10-Jul-14
2152.2
11-Jul-14
2133.95
14-Jul-14
2127.55
15-Jul-14
2155.75
16-Jul-14
2137.1
17-Jul-14
2087.65
18-Jul-14
2081.25
21-Jul-14
2070.7
22-Jul-14
2070.15
23-Jul-14
2105.3
24-Jul-14
2108.7
25-Jul-14
2100.75
28-Jul-14
7748.7
30-Jul-14
7791.4
31-Jul-14
7721.3
1-Aug-14
7602.6
4-Aug-14
7683.65
5-Aug-14
7746.55
6-Aug-14
7672.05
7-Aug-14
7649.25
8-Aug-14
7568.55
11-Aug-14
7625.95
12-Aug-14
7727.05
13-Aug-14
7739.55
14-Aug-14
7791.7
18-Aug-14
7874.25
19-Aug-14
7897.5
20-Aug-14
7875.3
21-Aug-14
7891.1
22-Aug-14
7913.2
25-Aug-14
7906.3
26-Aug-14
7904.75
27-Aug-14
7936.05
28-Aug-14
7954.35
1-Sep-14
8027.7
2-Sep-14
8083.05
3-Sep-14
8114.6
4-Sep-14
8095.95
5-Sep-14
8086.85
8-Sep-14
8173.9
9-Sep-14
8152.95
10-Sep-14
8094.1
11-Sep-14
8085.7
12-Sep-14
8105.5
15-Sep-14
8042
16-Sep-14
7932.9
17-Sep-14
7975.5
18-Sep-14
8114.75
19-Sep-14
8121.45
-0.536
0.551
-0.900
-1.537
1.066
0.819
-0.962
-0.297
-1.055
0.758
1.326
0.162
0.674
1.059
0.295
-0.281
0.201
0.280
-0.087
-0.020
0.396
0.231
0.922
0.689
0.390
-0.230
-0.112
1.076
-0.256
-0.722
-0.104
0.245
-0.783
-1.357
0.537
1.746
0.083
28-Jul-14
2084.05
30-Jul-14
2079.4
31-Jul-14
2075.9
1-Aug-14
2057.9
4-Aug-14
2088.1
5-Aug-14
2155.6
6-Aug-14
2143.75
7-Aug-14
2139.25
8-Aug-14
2121.65
11-Aug-14
2129.3
12-Aug-14
2135.55
13-Aug-14
2147.95
14-Aug-14
2135
18-Aug-14
2134.5
19-Aug-14
2198.2
20-Aug-14
2198.8
21-Aug-14
2268.05
22-Aug-14
2266.35
25-Aug-14
2251.6
26-Aug-14
2260
27-Aug-14
2280.3
28-Aug-14
2258.7
1-Sep-14
2260.55
2-Sep-14
2258.6
3-Sep-14
2225.85
4-Sep-14
2301.9
5-Sep-14
2339.65
8-Sep-14
2359.3
9-Sep-14
2321.15
10-Sep-14
2354.7
11-Sep-14
2336.55
12-Sep-14
2348.45
15-Sep-14
2332.55
16-Sep-14
2302.65
17-Sep-14
2320.25
18-Sep-14
2393.45
19-Sep-14
2412.35
22-Sep-14
8146.3
23-Sep-14
8017.55
24-Sep-14
8002.4
25-Sep-14
7911.85
26-Sep-14
7968.85
29-Sep-14
7958.9
30-Sep-14
7964.8
1-Oct-14
7945.55
7-Oct-14
7852.4
8-Oct-14
7842.7
9-Oct-14
7960.55
10-Oct-14
7859.95
13-Oct-14
7884.25
14-Oct-14
7864
16-Oct-14
7748.2
17-Oct-14
7779.7
20-Oct-14
7879.4
21-Oct-14
7927.75
22-Oct-14
7995.9
23-Oct-14
8014.55
27-Oct-14
7991.7
28-Oct-14
8027.6
29-Oct-14
8090.45
30-Oct-14
8169.2
31-Oct-14
8322.2
3-Nov-14
8324.15
5-Nov-14
8338.3
7-Nov-14
8337
10-Nov-14
8344.25
11-Nov-14
8362.65
12-Nov-14
8383.3
13-Nov-14
8357.85
14-Nov-14
8389.9
17-Nov-14
8430.75
18-Nov-14
8425.9
19-Nov-14
8382.3
20-Nov-14
8401.9
0.306
-1.580
-0.189
-1.132
0.720
-0.125
0.074
-0.242
-1.172
-0.124
1.503
-1.264
0.309
-0.257
-1.473
0.407
1.282
0.614
0.860
0.233
-0.285
0.449
0.783
0.973
1.873
0.023
0.170
-0.016
0.087
0.221
0.247
-0.304
0.383
0.487
-0.058
-0.517
0.234
22-Sep-14
2412.55
23-Sep-14
2393.6
24-Sep-14
2364.95
25-Sep-14
2350.85
26-Sep-14
2340.8
29-Sep-14
2305.05
30-Sep-14
2351.6
1-Oct-14
2336.1
7-Oct-14
2336.35
8-Oct-14
2348.5
9-Oct-14
2376.1
10-Oct-14
2353.65
13-Oct-14
2348.8
14-Oct-14
2412
16-Oct-14
2363.55
17-Oct-14
2373.2
20-Oct-14
2412.6
21-Oct-14
2412.05
22-Oct-14
2494.9
23-Oct-14
2529.7
27-Oct-14
2517.45
28-Oct-14
2499.25
29-Oct-14
2551.25
30-Oct-14
2577.5
31-Oct-14
2611.05
3-Nov-14
2574.25
5-Nov-14
2570.7
7-Nov-14
2539.7
10-Nov-14
2543.4
11-Nov-14
2549.55
12-Nov-14
2599.55
13-Nov-14
2609.8
14-Nov-14
2652.85
17-Nov-14
2657.65
18-Nov-14
2643.95
19-Nov-14
2674.95
20-Nov-14
2655.3
21-Nov-14
8477.35
24-Nov-14
8530.15
25-Nov-14
8463.1
26-Nov-14
8475.75
27-Nov-14
8494.2
28-Nov-14
8588.25
1-Dec-14
8555.9
2-Dec-14
8524.7
3-Dec-14
8537.65
4-Dec-14
8564.4
5-Dec-14
8538.3
8-Dec-14
8438.25
9-Dec-14
8340.7
10-Dec-14
8355.65
11-Dec-14
8292.9
12-Dec-14
8224.1
15-Dec-14
8219.6
16-Dec-14
8067.6
17-Dec-14
8029.8
18-Dec-14
8159.3
19-Dec-14
8225.2
22-Dec-14
8324
23-Dec-14
8267
24-Dec-14
8174.1
26-Dec-14
8200.7
0.898
0.623
-0.786
0.149
0.218
1.107
-0.377
-0.365
0.152
0.313
-0.305
-1.172
-1.156
0.179
-0.751
-0.830
-0.055
-1.849
-0.469
1.613
0.808
1.201
-0.685
-1.124
0.325
21-Nov-14
2673.45
24-Nov-14
2675.1
25-Nov-14
2644
26-Nov-14
2614.45
27-Nov-14
2649.6
28-Nov-14
2640.8
1-Dec-14
2636.3
2-Dec-14
2602.35
3-Dec-14
2609.9
4-Dec-14
2625.1
5-Dec-14
2619.9
8-Dec-14
2614.65
9-Dec-14
2608.85
10-Dec-14
2569.5
11-Dec-14
2563.2
12-Dec-14
2521.35
15-Dec-14
2517.9
16-Dec-14
2494.75
17-Dec-14
2463.05
18-Dec-14
2503.15
19-Dec-14
2473.55
22-Dec-14
2477.3
23-Dec-14
2519.25
24-Dec-14
2477.7
26-Dec-14
2480.7
The daily returns of both are correlated and have been verfied
with the actual beta(0.60) on the website of livemint.com as
shown in the snapshot given in the Cost Of Equity tab.
he overall market.
Using Regression
Beta
0.624
Covariance(market,stock)
0.399
Variance(market)
0.642
Beta
0.622
-1.279
-3.324
0.313
-0.038
-1.288
1.181
1.102
-0.048
2.173
0.980
1.325
-1.505
0.256
-0.068
1.939
-0.163
2.573
-0.920
-1.387
0.393
0.386
1.043
0.692
-1.782
0.251
0.164
2.037
-0.366
1.269
1.606
-0.692
1.244
-0.883
-0.562
-0.012
-1.191
-0.311
0.430
-0.450
-0.722
-0.157
-0.192
0.775
-0.094
-0.536
0.065
-0.429
-0.554
-2.292
-1.410
-0.285
0.637
-0.964
-1.694
0.594
2.166
1.469
1.496
3.259
-4.469
-0.964
-2.762
-0.636
5.077
1.305
-0.529
-0.762
0.551
-1.197
-0.370
0.142
1.566
-0.215
1.642
-0.080
2.374
5.534
-0.428
1.317
0.218
-0.682
-0.044
-0.433
-0.451
0.449
0.905
0.518
1.371
2.463
0.578
0.878
0.307
0.799
0.647
-2.115
-0.039
0.152
-3.318
-2.545
-0.804
-0.848
-0.300
1.325
-0.865
-2.314
-0.307
-0.507
-0.027
1.698
0.161
-0.377
-0.795
-0.223
-0.168
-0.867
1.468
3.233
-0.550
-0.210
-0.823
0.361
0.294
0.581
-0.603
-0.023
2.984
0.027
3.149
-0.075
-0.651
0.373
0.898
-0.947
0.082
-0.086
-1.450
3.417
1.640
0.840
-1.617
1.445
-0.771
0.509
-0.677
-1.282
0.764
3.155
0.790
0.008
-0.785
-1.197
-0.596
-0.428
-1.527
2.019
-0.659
0.011
0.520
1.175
-0.945
-0.206
2.691
-2.009
0.408
1.660
-0.023
3.435
1.395
-0.484
-0.723
2.081
1.029
1.302
-1.409
-0.138
-1.206
0.146
0.242
1.961
0.394
1.650
0.181
-0.515
1.172
-0.735
0.684
0.062
-1.163
-1.118
1.344
-0.332
-0.170
-1.288
0.290
0.582
-0.198
-0.200
-0.222
-1.508
-0.245
-1.633
-0.137
-0.919
-1.271
1.628
-1.183
0.152
1.693
-1.649
0.121
urn/market's return
is calculated
8.000
6.000
4.000
2.000
Series1
Linear (Series1)
-3.000
-2.000
-1.000
0.000
0.000
1.000
2.000
3.000
-2.000
y = 0.6241x + 0.0487
R = 0.1372
-4.000
-6.000
4.000
COST OF EQUITY
MRP for India
8.3
For Market Risk Premium, we took the Mraket Risk Premium for India which is
taken from the excel sheet containing Risk Premiums of various countries, already
calculated by Mr. Aswath Damodaran.
0.624
8.05
Cost of Equity
13.23
Here the cost of equity has been calculated using the CAPM method for BAJAJ AUTO
as we have the market data available for it. It becomes an easy way to calculate
the COE of BAJAJ using the beta obtained from regression analysis of stock of BAJAJ versus MARKET.
WACC
Cost of Debt (obtd from Calculations)
Cost of Equity (obtd from Calculations)
Long Term Borrowings(in crores)
Market Price of Shares
No. Of Outstanding Shares (from Balance sheet)
Common Equity(in crores)
Number of Preferred Stock
Total Equity( in crores)
Total Debt and Equity(in crores)
Proportion of Debt
Proportion of Common Equity
WACC
6.006
13.23
57.74
2452.15
289367020
70957.13
0
70957.13
71014.87
0.0008131
0.9991869
13.224
Here we have used market value of weights of debt and Equity because the market values reflect the
%
market's expectations of the size, the timing and the risk of future cash flows.
%
WACC is the weighted average cost of capital that BAJAJ uses as a whole of debt and Equity
It can be observed that BAJAJ is majorly financed by Equity as compared to debt, and the WACC tells
us that the interest that BAJAJ is paying on the overall financing it gets from debt and equity is 13.22%
So the overall required return for BAJAJ comes out to be 13.22%
Now for Bajaj Auto Ltd which is presently into manufacturing of 2 and 3 wheeler automobiles, we think of an unrelated proje
Here since we want to introduce a new project in the company we look at some companies like mahindra & mahindra, tata m
use pure play method for different project, so we use Accounting Beta method where we find out the beta by conducting reg
we just chose and the slope of that regression can give us the new accounting beta, which help us calculate new Cost of Equit
2013
Net income
Total Assets
3241.95
3043.57
14747.6
12478.62
ROA
0.2198
0.2439
(in crores)
(in millions)
Net income
Total Assets
Net income
Total Assets
Net income
Total Assets
TOTAL NI
TOTAL TA
2014
2013
27830
305357
3345.2
497344.2
37583.5
312886.5
68758.7
1115587.7
23921
266880
3018.1
521847.7
33528.2
274535.9
60467.3
1063263.6
0.0616
0.0569
AVERAGE ROA
y = 0.686x + 0.2791
R = 0.1275
0.5000
0.4000
0.3000
0.2000
0.1000
0.0000
0.0000 0.0500 0.1000 0.1500 0.2000 0.2500 0.3000
Years
2014
2013
2012
2011
2010
ROA of BAJAJ
Linear (ROA of BAJAJ)
2012
2011
2010
3004.05
3339.73
1703.6
11081.07
5265.08
4268.61
0.2711
0.6343
0.3991
2012
2011
2010
16352
223022
12422.3
545192.8
28788.9
239119.8
57563.2
1007334.6
22888
143412
18118.2
379352.1
26621
130730.7
67627.2
653494.8
17899
125809
22400.8
331000.2
20877.5
109507.1
149806.9
566316.3
0.0571
0.1035
0.2645
X-Axis
Y-Axis
Average ROA
0.0616
0.0569
0.0571
0.1035
0.2645
ROA of BAJAJ
0.2198
0.2439
0.2711
0.6343
0.3991
this project is the accounted beta for BAJAJ's four wheeler project
WACC(DISCOUNTING RATE)
8.3
8.05
0.686
13.7438
6.006
13.7438
57.74
2452.15
289367020
70957.13
0
70957.13
71014.87
0.0008131
0.9991869
13.738
BAJAJ AUTO
n be observed that
BAJAJ AUTO
, it can be observed
oject to be taken