Connplex Cinemas (NSE:CONNPLEX) Beta: N/A (As of Jun. 26, 2026)


NSE:CONNPLEX Connplex Cinemas Ltd NSE:CONNPLEX
19 GF Score
Price ₹204.75
! 4 Warning Signs
View Full Analysis

What is Connplex Cinemas Beta?

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

Connplex Cinemas  (NSE:CONNPLEX) 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)

Connplex Cinemas Beta Related Terms

Connplex Cinemas Beta Historical Data

* Premium members only.

The historical data trend for Connplex Cinemas'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.

Connplex Cinemas Beta Chart

Connplex Cinemas Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Beta
0.00 0.00 0.00 0.00

Connplex Cinemas Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25
Beta 0.00 0.00 0.00 0.00 0.00
NSE:CONNPLEX
19GF Score
Connplex Cinemas Ltd NSE:CONNPLEX
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Connplex Cinemas 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.

Connplex Cinemas Business Description

Address Block C-1001, Krish Cubical, Opposite Avalon Hotel, Near Govardhan Party Plot, Thaltej, Daskroi, Ahmedabad, GJ, IND, 380059
Connplex Cinemas Ltd is India's growing chain of Smart Luxury Cinemas, redefining movie experiences with cutting-edge technology, stylish comfort, and affordable pricing. It is engaged in the development of theaters, entering into the franchisee agreements for sharing revenue of screening of movies, Income from CAPEX, sale of food & beverages and Sharing of Revenue from sale of Food & Beverages at Various Franchised Cinema and other related business under the Brand name CONNPLEX. The company is principally engaged in the business of Financial Inclusion & Allied Services. Its three cinema models-Express, Signature, and Luxuriance-cater to diverse audiences and locations from metro cities to smaller towns.
19GF Score

Get the complete analysis for NSE:CONNPLEX

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

₹204.75
Price