Paramount Speciality Forgings (NSE:PSFL) Beta: N/A (As of Jun. 26, 2026)


NSE:PSFL Paramount Speciality Forgings Ltd NSE:PSFL
13 GF Score
Price ₹34.25
! 5 Warning Signs
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What is Paramount Speciality Forgings Beta?

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

Paramount Speciality Forgings  (NSE:PSFL) 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)

Paramount Speciality Forgings Beta Related Terms

Paramount Speciality Forgings Beta Historical Data

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The historical data trend for Paramount Speciality Forgings'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.

Paramount Speciality Forgings Beta Chart

Paramount Speciality Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Beta
0.00 0.00 0.00 0.00 0.00

Paramount Speciality Forgings Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Beta 0.00 0.00 0.00 0.00 0.00
NSE:PSFL
13GF Score
Paramount Speciality Forgings Ltd NSE:PSFL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Paramount Speciality Forgings 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.

Paramount Speciality Forgings Business Description

Address Dr. Mascarenhas Road, 3/1, Guru Himmat Building, Anjirwadi, Mazgaon, Mumbai, MH, IND, 400010
Paramount Speciality Forgings Ltd is engaged in manufacturing steel forgings in India. It manufactures and provides forged components ranging in weight from one kilogram to four metric tons in rough or finish-machined condition. Its products are used in industries such as Petrochemicals, Chemicals, Fertilizers, Oil and Gas, Nuclear Power, and other heavy engineering sectors. The company only operates in the sale of carbon steel and stainless steel flanges and fittings, and other engineering goods made from steel and stainless steel, or any other goods and merchandise.
13GF Score

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

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