Medistep Healthcare (NSE:MEDISTEP) Beta: N/A (As of Jun. 28, 2026)


NSE:MEDISTEP Medistep Healthcare Ltd NSE:MEDISTEP
19 GF Score
Price ₹19.90
! 2 Warning Signs
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What is Medistep Healthcare Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), Medistep Healthcare's Beta is Not available.

Medistep Healthcare  (NSE:MEDISTEP) 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)

Medistep Healthcare Beta Related Terms

Medistep Healthcare Beta Historical Data

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The historical data trend for Medistep Healthcare'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.

Medistep Healthcare Beta Chart

Medistep Healthcare Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Beta
0.00 0.00 0.00 0.00

Medistep Healthcare Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Beta 0.00 0.00 0.00 0.00
NSE:MEDISTEP
19GF Score
Medistep Healthcare Ltd NSE:MEDISTEP
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Medistep Healthcare 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.

Medistep Healthcare Business Description

Address National Highway 8, 05, S. No-245/B, Plot-19, T.P.S. 56, Free Way Trade Center, Near A-One Hotel, Narol Gam, Narol, Daskroi, Ahmadabad, GJ, IND, 382405
Medistep Healthcare Ltd operates in the pharmaceutical and healthcare product sectors. Its business includes manufacturing intimate care and hygiene products such as sanitary pads, as well as nutraceutical products like energy powders. The company also trades a variety of pharmaceutical, surgical, and medical equipment products. Medistep Healthcare's operations focus mainly on the western region of India, particularly in Gujarat. Its Core business activity is divided into the following categories: a) Trading of Pharmaceutical & Surgical products, b) Trading & Manufacturing of Nutraceuticals and Intimate care & hygiene products. The company generates the majority of its revenue from Trading and distribution.
19GF Score

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₹19.90
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