HI-Green Carbon (NSE:HIGREEN) Beta: N/A (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HIGREEN HI-Green Carbon Ltd NSE:HIGREEN
58 GF Score
Price ₹137.50
GF Value ₹332.16
Valuation Possible Value Trap
! 5 Warning Signs
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What is HI-Green Carbon Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-26), HI-Green Carbon's Beta is Not available.

HI-Green Carbon  (NSE:HIGREEN) 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)

HI-Green Carbon Beta Related Terms

HI-Green Carbon Beta Historical Data

* Premium members only.

The historical data trend for HI-Green Carbon'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.

HI-Green Carbon Beta Chart

HI-Green Carbon Annual Data
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Beta
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HI-Green Carbon Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:HIGREEN
58GF Score
HI-Green Carbon Ltd NSE:HIGREEN
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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HI-Green Carbon 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.

Is HI-Green Carbon (NSE:HIGREEN) Overvalued in 2026?

Based on GuruFocus' analysis, HI-Green Carbon stock appears to be undervalued. The current stock price of ₹137.50 is trading 58.6% below its estimated GF Value™ of ₹332.16. GuruFocus considers HI-Green Carbon to be Possible Value Trap.

Key valuation signals for NSE:HIGREEN:

  • Beta: N/A
  • GF Value™: ₹332.16 vs. price of ₹137.50 (58.6% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the NSE:HIGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HI-Green Carbon Business Description

Address Kalawad Road, G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, P. O. Metoda, Taluka Lodhika, Rajkot, GJ, IND, 360021
Hi-Green Carbon Ltd is engaged in the business of recycling waste tires using a continuous pyrolysis process at its manufacturing plant in Rajasthan, India. The process produces energy components and raw materials such as Recovered Carbon Black (rCB), steel wires, fuel oil, and synthesis gas. The company operates an integrated, automated plant with a capacity to recycle tons of waste tires per day and adheres to various environmental, health, safety, and quality certifications. Hi-Green Carbon is expanding its production capacity with plans for new manufacturing units to enhance production and sustainability efforts. Revenue comes from the sale of these recycled products and by-products.
58GF Score

Get the complete analysis for NSE:HIGREEN

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

₹137.50
Price
₹332.16
GF Value