Classic Electrodes (India) (NSE:CLASSICEIL) Beta: N/A (As of Jun. 26, 2026)


NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
15 GF Score
Price ₹44.70
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What is Classic Electrodes (India) Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Classic Electrodes (India)'s Beta is Not available.

Classic Electrodes (India)  (NSE:CLASSICEIL) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Classic Electrodes (India) Beta Related Terms

Classic Electrodes (India) Beta Historical Data

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The historical data trend for Classic Electrodes (India)'s Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Classic Electrodes (India) Beta Chart

Classic Electrodes (India) Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beta
0.00 0.00 0.00 0.00 0.00

Classic Electrodes (India) Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
NSE:CLASSICEIL
15GF Score
Classic Electrodes (India) Ltd NSE:CLASSICEIL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Classic Electrodes (India) Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Classic Electrodes (India) Business Description

Address Plot BG-12 AA-1 B, Unit 201, 2nd Floor, Bus terminus and commercial complex, New Town, North 24 Parganas, New Town, WB, IND, 700156
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
15GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹44.70
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