Newjaisa Technologies (NSE:NEWJAISA) Beta: N/A (As of Jun. 27, 2026)


NSE:NEWJAISA Newjaisa Technologies Ltd NSE:NEWJAISA
18 GF Score
Price ₹17.35
! 5 Warning Signs
View Full Analysis

What is Newjaisa Technologies Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Newjaisa Technologies's Beta is Not available.

Newjaisa Technologies  (NSE:NEWJAISA) 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)

Newjaisa Technologies Beta Related Terms

Newjaisa Technologies Beta Historical Data

* Premium members only.

The historical data trend for Newjaisa Technologies'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.

Newjaisa Technologies Beta Chart

Newjaisa Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Beta
0.00 0.00 0.00 0.00 0.00

Newjaisa Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
NSE:NEWJAISA
18GF Score
Newjaisa Technologies Ltd NSE:NEWJAISA
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newjaisa Technologies 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.

Newjaisa Technologies Business Description

Address Bannerghatta Road, Sy No. 38/1B, 39/1, 39/2 and 39/3, Arekere Village, Begur Hobli, Bengaluru South Taluk, Bangalore, KA, IND, 560076
Newjaisa Technologies Ltd is a technology-driven direct-to-consumer refurbished IT electronics company providing quality refurbished electronics at discounts compared to new products. Its goal is to provide refurbished electronics at affordable prices. The company is engaged in direct sales of IT Products, i.e., Laptops/ Chromebooks, Desktops/Chromeboxes/ Monitors, and Accessories (Keyboard, Mouse, WiFi, Speakers). Its business model encompasses an end-to-end reverse supply chain for IT assets. It involves procuring used IT assets (laptops, desktops, and peripherals), refurbishing them to as close to new computer conditions, and selling them directly to end-use customers, businesses, or retail.
18GF Score

Get the complete analysis for NSE:NEWJAISA

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

₹17.35
Price