IC Electricals Co (NSE:ICELCO) Beta: N/A (As of Sep. 10, 2026)

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Charlie Tian
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NSE:ICELCO IC Electricals Co Ltd NSE:ICELCO
17 GF Score
Price ₹120.55
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What is IC Electricals Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-10), IC Electricals Co's Beta is Not available.

IC Electricals Co  (NSE:ICELCO) 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)

IC Electricals Co Beta Related Terms

IC Electricals Co Beta Historical Data

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The historical data trend for IC Electricals Co'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.

IC Electricals Co Beta Chart

IC Electricals Co Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Beta
0.00 0.00 0.00 0.00

IC Electricals Co Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Beta 0.00 0.00 0.00 0.00
NSE:ICELCO
17GF Score
IC Electricals Co Ltd NSE:ICELCO
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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IC Electricals Co 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.

IC Electricals Co Business Description

Address 1002-1003, 10th Floor, DLF Tower-A, Jasola, New Delhi, IND, 110025
IC Electricals Co Ltd is engaged in the business of manufacturing of electronic equipment for Railways Application. Its offerings include various electronic products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, compliant with the latest technical standards. Additionally, the company also manufactures railway components, including alternators, traction motors, and permanent magnet alternators with controllers. The majority of its revenue is derived from the sale of electronic products to government departments and ministries such as Ministry of Railways.
17GF Score

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

₹120.55
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