Shri Kanha Stainless (NSE:SHRIKANHA) Beta: N/A (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SHRIKANHA Shri Kanha Stainless Ltd NSE:SHRIKANHA
13 GF Score
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What is Shri Kanha Stainless Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-14), Shri Kanha Stainless's Beta is Not available.

Shri Kanha Stainless  (NSE:SHRIKANHA) 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 Kanha Stainless Beta Related Terms

Shri Kanha Stainless Beta Historical Data

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The historical data trend for Shri Kanha Stainless'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 Kanha Stainless Beta Chart

Shri Kanha Stainless Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Beta
0.00 0.00 0.00 0.00

Shri Kanha Stainless Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Beta 0.00 0.00 0.00 0.00 0.00
NSE:SHRIKANHA
13GF Score
Shri Kanha Stainless Ltd NSE:SHRIKANHA
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Kanha Stainless 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 Kanha Stainless Business Description

Address Nirwaroo Road, Plot No. 70-B, Unit No. 401-402, 4th Floor, Trimurty Prime Tower, Jhotwara, Jaipur, RJ, IND, 302 012
Shri Kanha Stainless Ltd is a manufacturer of precision stainless steel cold-rolled strips, offering a wide range of thin and ultra-thin variants designed to meet diverse industrial requirements. The company's products are widely used across various sectors, including the textile, automotive, and chemical industries, as well as in flexible tubes, capillary tubes, clocks, watches, and electrical equipment. Its key product offerings include Cold Rolling of Stainless-Steel Precision Strips (HR/CR SS Coil/Slitted), Stainless Steel Circle, and Stainless Steel Sheet. The company derives revenue from the sale of its products, mainly from the sale of HR/CR SS Coil/Slitted products.
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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