Swastik Pipe (NSE:SWASTIK) Beta: 1.6884 (As of Jun. 25, 2026)


NSE:SWASTIK Swastik Pipe Ltd NSE:SWASTIK
62 GF Score
Price ₹17.90
GF Value ₹81.58
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Swastik Pipe Beta?

Swastik Pipe NSE:SWASTIK 62 Beta is 1.6884 as of Jun. 25, 2026. GuruFocus rates NSE:SWASTIK with a GF Score™ of 62/100 and a GF Value™ of ₹81.58 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Swastik Pipe's Beta is 1.6884.

Swastik Pipe  (NSE:SWASTIK) 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)

Swastik Pipe Beta Related Terms

Swastik Pipe Beta Historical Data

* Premium members only.

The historical data trend for Swastik Pipe'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.

Swastik Pipe Beta Chart

Swastik Pipe Annual Data
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Swastik Pipe Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Mar25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

NSE:SWASTIK vs NUE, STLD, RS: Beta Comparison

For the Steel subindustry, Swastik Pipe's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Swastik Pipe Beta vs Steel Industry

For the Steel industry and Basic Materials sector, Swastik Pipe's Beta distribution charts can be found below:

* The bar in red indicates where Swastik Pipe's Beta falls into.


NSE:SWASTIK
62GF Score
Swastik Pipe Ltd NSE:SWASTIK
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Swastik Pipe 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 1.6884 mean?
Swastik Pipe (NSE:SWASTIK) has a Beta of 1.6884 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Swastik Pipe and its competitors.
Is Swastik Pipe's Beta too high?
Swastik Pipe's current Beta is 1.6884. Overall, Swastik Pipe has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swastik Pipe's Beta compare to NUE and STLD?
Swastik Pipe's Beta of 1.6884 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Steel company?
A good Beta depends on the Steel industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Swastik Pipe and its competitors. Swastik Pipe's current Beta is 1.6884. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swastik Pipe stock overvalued right now?
Based on GuruFocus' analysis, Swastik Pipe (NSE:SWASTIK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹81.58, compared to a current price of ₹17.90 — trading 78.1% below its estimated fair value. The current Beta is 1.6884. Swastik Pipe's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Swastik Pipe (NSE:SWASTIK), the current Beta is 1.6884 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Swastik Pipe (NSE:SWASTIK) Overvalued in 2026?

Based on GuruFocus' analysis, Swastik Pipe stock appears to be undervalued. The current stock price of ₹17.90 is trading 78.1% below its estimated GF Value™ of ₹81.58. GuruFocus considers Swastik Pipe to be Significantly Undervalued.

Key valuation signals for NSE:SWASTIK:

  • Beta: 1.6884
  • GF Value™: ₹81.58 vs. price of ₹17.90 (78.1% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the NSE:SWASTIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Swastik Pipe Business Description

Address Asaf Ali Road, 1/23 B, First Floor, Daryaganj, Delhi, IND, 110002
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score

Get the complete analysis for NSE:SWASTIK

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

₹17.90
Price
₹81.58
GF Value