Zenith Drugs (NSE:ZENITHDRUG) Beta: N/A (As of Jul. 01, 2026)


NSE:ZENITHDRUG Zenith Drugs Ltd NSE:ZENITHDRUG
14 GF Score
Price ₹46.10
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What is Zenith Drugs Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-01), Zenith Drugs's Beta is Not available.

Zenith Drugs  (NSE:ZENITHDRUG) 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)

Zenith Drugs Beta Related Terms

Zenith Drugs Beta Historical Data

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The historical data trend for Zenith Drugs'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.

Zenith Drugs Beta Chart

Zenith Drugs Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Beta
0.00 0.00 0.00 0.00 0.00

Zenith Drugs Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
NSE:ZENITHDRUG
14GF Score
Zenith Drugs Ltd NSE:ZENITHDRUG
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Drugs 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.

Zenith Drugs Business Description

Address K. No. 72/5, Village Muradpura, Depalpur, Indore, MP, IND, 453001
Zenith Drugs Ltd is a pharmaceutical manufacturing and trading company. It offers a wide range of formulations in various forms such as ORS Powder, Liquid Orals, Ointments, Liquid Externals, Creams, Gels, Capsules, and Tablets. It is also into Generic Medicines.
14GF 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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