Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) Beta: N/A (As of Jul. 13, 2026)


NSE:SHKSIL Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
31 GF Score
Price ₹35.00
! 7 Warning Signs
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What is Shri Hare-Krishna Sponge Iron Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-13), Shri Hare-Krishna Sponge Iron's Beta is Not available.

Shri Hare-Krishna Sponge Iron  (NSE:SHKSIL) 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)

Shri Hare-Krishna Sponge Iron Beta Related Terms

Shri Hare-Krishna Sponge Iron Beta Historical Data

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The historical data trend for Shri Hare-Krishna Sponge Iron'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.

Shri Hare-Krishna Sponge Iron Beta Chart

Shri Hare-Krishna Sponge Iron Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beta
0.00 0.00 0.00 0.00 0.00

Shri Hare-Krishna Sponge Iron Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
NSE:SHKSIL
31GF Score
Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Hare-Krishna Sponge Iron 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.

Shri Hare-Krishna Sponge Iron Business Description

Address Phase-II, Plot No.106, Industrial Growth Centre, Siltara, Raipur, CT, IND, 493111
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
31GF Score

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

₹35.00
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