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Techera Engineering (India) (NSE:TECHERA) Beta : N/A (As of Mar. 04, 2025)


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What is Techera Engineering (India) Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-04), Techera Engineering (India)'s Beta is Not available.


Techera Engineering (India) Beta Historical Data

The historical data trend for Techera Engineering (India)'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.

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Techera Engineering (India) Beta Chart

Techera Engineering (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Beta
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Techera Engineering (India) Semi-Annual Data
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Competitive Comparison of Techera Engineering (India)'s Beta

For the Aerospace & Defense subindustry, Techera Engineering (India)'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.


Techera Engineering (India)'s Beta Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Techera Engineering (India)'s Beta distribution charts can be found below:

* The bar in red indicates where Techera Engineering (India)'s Beta falls into.



Techera Engineering (India) 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.


Techera Engineering (India)  (NSE:TECHERA) 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)


Techera Engineering (India) Beta Related Terms

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Techera Engineering (India) Business Description

Traded in Other Exchanges
N/A
Address
Gat No. 565, Behind Namo Marble & Timbers At Post Velu, Taluka Bho, Pune, MH, IND, 412205
Techera Engineering (India) Ltd is engages in the design, manufacture, and supply of precision tooling, components for the aerospace and defense industries, and automation system solutions. Its product portfolio includes assembly toolings, jigs, fixtures, maintenance, repair, and overhaul (MRO) toolings, ground support equipment, and precision machined components.

Techera Engineering (India) Headlines

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