M&M From Share Khan

Tata Motor Ltd from Share Khan

Beta value for last one year (DAILY RETURNS)

Date
Tata Motor Close
Date
NIFTY Close
6-Feb-13
286.2
6-Feb-13
5959.2
5-Feb-13
287.2
5-Feb-13
5956.9
4-Feb-13
292
4-Feb-13
5987.25
1-Feb-13
281.65
1-Feb-13
5998.9
31-Jan-13
298 31-Jan-13
6034.75
30-Jan-13
299.2 30-Jan-13
6055.75
29-Jan-13
304.25 29-Jan-13
6049.9
28-Jan-13
308.55 28-Jan-13
6074.8
25-Jan-13
301 25-Jan-13
6074.65
24-Jan-13
293.45 24-Jan-13
6019.35
23-Jan-13
313.05 23-Jan-13
6054.3
22-Jan-13
318.55 22-Jan-13
6048.5
21-Jan-13
323.25 21-Jan-13
6082.3
18-Jan-13
328.55 18-Jan-13
6064.4
17-Jan-13
328.95 17-Jan-13
6039.2
16-Jan-13
320.05 16-Jan-13
6001.85
15-Jan-13
331.55 15-Jan-13
6056.6
14-Jan-13
327.7 14-Jan-13
6024.05
11-Jan-13
330.4 11-Jan-13
5951.3
10-Jan-13
333.7 10-Jan-13
5968.65
9-Jan-13
327.35
9-Jan-13
5971.5
8-Jan-13
314.15
8-Jan-13
6001.7
7-Jan-13
313.25
7-Jan-13
5988.4
4-Jan-13
315.4
4-Jan-13
6016.15
3-Jan-13
318.1
3-Jan-13
6009.5
2-Jan-13
318
2-Jan-13
5993.25
1-Jan-13
316.75
1-Jan-13
5950.85
31-Dec-12
312.65 31-Dec-12
5905.1
28-Dec-12
310.05 28-Dec-12
5908.35
27-Dec-12
309.2 27-Dec-12
5870.1
26-Dec-12
306.1 26-Dec-12
5905.6
24-Dec-12
306.95 24-Dec-12
5855.75
21-Dec-12
299.4 21-Dec-12
5847.7
20-Dec-12
304.9 20-Dec-12
5916.4
19-Dec-12
307.75 19-Dec-12
5929.6
18-Dec-12
298.35 18-Dec-12
5896.8
17-Dec-12
294.05 17-Dec-12
5857.9
14-Dec-12
292.1 14-Dec-12
5879.6
13-Dec-12
287.9 13-Dec-12
5851.5
12-Dec-12
276.5 12-Dec-12
5888
11-Dec-12
278.1 11-Dec-12
5898.8
10-Dec-12
279.95 10-Dec-12
5908.9
7-Dec-12
281.9
7-Dec-12
5907.4
6-Dec-12
280.85
6-Dec-12
5930.9
5-Dec-12
274.95
5-Dec-12
5900.5
4-Dec-12
271.55
4-Dec-12
5889.25
3-Dec-12
272.1
3-Dec-12
5870.95
30-Nov-12
273.45 30-Nov-12
5879.85
29-Nov-12
278.45 29-Nov-12
5825

HMV(Returns) Nifty(Returns)
-0.35
0.04
-1.64
-0.51
3.67
-0.19
-5.49
-0.59
-0.40
-0.35
-1.66
0.10
-1.39
-0.41
2.51
0.00
2.57
0.92
-6.26
-0.58
-1.73
0.10
-1.45
-0.56
-1.61
0.30
-0.12
0.42
2.78
0.62
-3.47
-0.90
1.17
0.54
-0.82
1.22
-0.99
-0.29
1.94
-0.05
4.20
-0.50
0.29
0.22
-0.68
-0.46
-0.85
0.11
0.03
0.27
0.39
0.71
1.31
0.77
0.84
-0.06
0.27
0.65
1.01
-0.60
-0.28
0.85
2.52
0.14
-1.80
-1.16
-0.93
-0.22
3.15
0.56
1.46
0.66
0.67
-0.37
1.46
0.48
4.12
-0.62
-0.58
-0.18
-0.66
-0.17
-0.69
0.03
0.37
-0.40
2.15
0.52
1.25
0.19
-0.20
0.31
-0.49
-0.15
-1.80
0.94
4.43
1.70

27-Nov-12
26-Nov-12
23-Nov-12
22-Nov-12
21-Nov-12
20-Nov-12
19-Nov-12
16-Nov-12
15-Nov-12
13-Nov-12
12-Nov-12
9-Nov-12
8-Nov-12
7-Nov-12
6-Nov-12
5-Nov-12
2-Nov-12
1-Nov-12
31-Oct-12
30-Oct-12
29-Oct-12
26-Oct-12
25-Oct-12
23-Oct-12
22-Oct-12
19-Oct-12
18-Oct-12
17-Oct-12
16-Oct-12
15-Oct-12
12-Oct-12
11-Oct-12
10-Oct-12
9-Oct-12
8-Oct-12
5-Oct-12
4-Oct-12
3-Oct-12
1-Oct-12
28-Sep-12
27-Sep-12
26-Sep-12
25-Sep-12
24-Sep-12
21-Sep-12
20-Sep-12
18-Sep-12
17-Sep-12
14-Sep-12
13-Sep-12
12-Sep-12

266.65
263.2
260.5
258.75
265.5
266.1
264.1
265
272.25
277.55
280.75
280.6
283.95
269.35
266.95
269.8
270.05
267.45
254.75
247.65
256.75
261.5
261.25
264.6
267.05
269
270.25
264.9
262.3
269.4
271.25
273.8
267.45
269.7
272.45
280.55
274.3
273.5
274.7
267.55
259.8
263.1
268.9
273.7
275.45
271.6
273.5
277.85
270.3
259.4
263.25

27-Nov-12
26-Nov-12
23-Nov-12
22-Nov-12
21-Nov-12
20-Nov-12
19-Nov-12
16-Nov-12
15-Nov-12
13-Nov-12
12-Nov-12
9-Nov-12
8-Nov-12
7-Nov-12
6-Nov-12
5-Nov-12
2-Nov-12
1-Nov-12
31-Oct-12
30-Oct-12
29-Oct-12
26-Oct-12
25-Oct-12
23-Oct-12
22-Oct-12
19-Oct-12
18-Oct-12
17-Oct-12
16-Oct-12
15-Oct-12
12-Oct-12
11-Oct-12
10-Oct-12
9-Oct-12
8-Oct-12
5-Oct-12
4-Oct-12
3-Oct-12
1-Oct-12
28-Sep-12
27-Sep-12
26-Sep-12
25-Sep-12
24-Sep-12
21-Sep-12
20-Sep-12
18-Sep-12
17-Sep-12
14-Sep-12
13-Sep-12
12-Sep-12

5727.45
5635.9
5626.6
5627.75
5614.8
5571.55
5571.4
5574.05
5631
5666.95
5683.7
5686.25
5738.75
5760.1
5724.4
5704.2
5697.7
5645.05
5619.7
5597.9
5665.6
5664.3
5705.3
5691.4
5717.15
5684.25
5718.7
5660.25
5648
5687.25
5676.05
5708.05
5652.15
5704.6
5676
5746.95
5787.6
5731.25
5718.8
5703.3
5649.5
5663.45
5673.9
5669.6
5691.15
5554.25
5600.05
5610
5577.65
5435.35
5431

1.31
1.04
0.68
-2.54
-0.23
0.76
-0.34
-2.66
-1.91
-1.14
0.05
-1.18
5.42
0.90
-1.06
-0.09
0.97
4.99
2.87
-3.54
-1.82
0.10
-1.27
-0.92
-0.72
-0.46
2.02
0.99
-2.64
-0.68
-0.93
2.37
-0.83
-1.01
-2.89
2.28
0.29
-0.44
2.67
2.98
-1.25
-2.16
-1.75
-0.64
1.42
-0.69
-1.57
2.79
4.20
-1.46
5.38

1.62
0.17
-0.02
0.23
0.78
0.00
-0.05
-1.01
-0.63
-0.29
-0.04
-0.91
-0.37
0.62
0.35
0.11
0.93
0.45
0.39
-1.19
0.02
-0.72
0.24
-0.45
0.58
-0.60
1.03
0.22
-0.69
0.20
-0.56
0.99
-0.92
0.50
-1.23
-0.70
0.98
0.22
0.27
0.95
-0.25
-0.18
0.08
-0.38
2.46
-0.82
-0.18
0.58
2.62
0.08
0.76

11-Sep-12
10-Sep-12
8-Sep-12
7-Sep-12
6-Sep-12
5-Sep-12
4-Sep-12
3-Sep-12
31-Aug-12
30-Aug-12
29-Aug-12
28-Aug-12
27-Aug-12
24-Aug-12
23-Aug-12
22-Aug-12
21-Aug-12
17-Aug-12
16-Aug-12
14-Aug-12
13-Aug-12
10-Aug-12
9-Aug-12
8-Aug-12
7-Aug-12
6-Aug-12
3-Aug-12
2-Aug-12
1-Aug-12
31-Jul-12
30-Jul-12
27-Jul-12
26-Jul-12
25-Jul-12
24-Jul-12
23-Jul-12
20-Jul-12
19-Jul-12
18-Jul-12
17-Jul-12
16-Jul-12
13-Jul-12
12-Jul-12
11-Jul-12
10-Jul-12
9-Jul-12
6-Jul-12
5-Jul-12
4-Jul-12
3-Jul-12
2-Jul-12

249.8
248.9
245.7
243.3
233.05
228.7
234.85
230.9
234.3
236.75
233.4
237.3
241.05
246.05
245.3
248.1
246.2
240.2
235.45
235
228.25
231.95
239.3
241.5
238.8
229.05
220.95
222.7
227.35
226.25
221.7
212.85
205.1
213
215.85
216.05
223.4
224.8
221.6
225.9
229.25
235.95
236.8
241.45
246.5
240.85
240.65
240
236.2
237.55
237.95

11-Sep-12
10-Sep-12
8-Sep-12
7-Sep-12
6-Sep-12
5-Sep-12
4-Sep-12
3-Sep-12
31-Aug-12
30-Aug-12
29-Aug-12
28-Aug-12
27-Aug-12
24-Aug-12
23-Aug-12
22-Aug-12
21-Aug-12
17-Aug-12
16-Aug-12
14-Aug-12
13-Aug-12
10-Aug-12
9-Aug-12
8-Aug-12
7-Aug-12
6-Aug-12
3-Aug-12
2-Aug-12
1-Aug-12
31-Jul-12
30-Jul-12
27-Jul-12
26-Jul-12
25-Jul-12
24-Jul-12
23-Jul-12
20-Jul-12
19-Jul-12
18-Jul-12
17-Jul-12
16-Jul-12
13-Jul-12
12-Jul-12
11-Jul-12
10-Jul-12
9-Jul-12
6-Jul-12
5-Jul-12
4-Jul-12
3-Jul-12
2-Jul-12

5390
5363.45
5358.7
5342.1
5238.4
5225.7
5274
5253.75
5258.5
5315.05
5287.8
5334.6
5350.25
5386.7
5415.35
5412.85
5421
5366.3
5362.95
5380.35
5347.9
5320.4
5322.95
5338
5336.7
5282.55
5215.7
5227.75
5240.5
5229
5199.8
5099.85
5043
5109.6
5128.2
5117.95
5205.1
5242.7
5216.3
5192.85
5197.25
5227.25
5235.25
5306.3
5345.35
5275.15
5316.95
5327.3
5302.55
5287.95
5278.6

0.36
1.30
0.99
4.40
1.90
-2.62
1.71
-1.45
-1.03
1.44
-1.64
-1.56
-2.03
0.31
-1.13
0.77
2.50
2.02
0.19
2.96
-1.60
-3.07
-0.91
1.13
4.26
3.67
-0.79
-2.05
0.49
2.05
4.16
3.78
-3.71
-1.32
-0.09
-3.29
-0.62
1.44
-1.90
-1.46
-2.84
-0.36
-1.93
-2.05
2.35
0.08
0.27
1.61
-0.57
-0.17
-1.86

0.50
0.09
0.31
1.98
0.24
-0.92
0.39
-0.09
-1.06
0.52
-0.88
-0.29
-0.68
-0.53
0.05
-0.15
1.02
0.06
-0.32
0.61
0.52
-0.05
-0.28
0.02
1.03
1.28
-0.23
-0.24
0.22
0.56
1.96
1.13
-1.30
-0.36
0.20
-1.67
-0.72
0.51
0.45
-0.08
-0.57
-0.15
-1.34
-0.73
1.33
-0.79
-0.19
0.47
0.28
0.18
-0.01

29-Jun-12
28-Jun-12
27-Jun-12
26-Jun-12
25-Jun-12
22-Jun-12
21-Jun-12
20-Jun-12
19-Jun-12
18-Jun-12
15-Jun-12
14-Jun-12
13-Jun-12
12-Jun-12
11-Jun-12
8-Jun-12
7-Jun-12
6-Jun-12
5-Jun-12
4-Jun-12
1-Jun-12
31-May-12
30-May-12
29-May-12
28-May-12
25-May-12
24-May-12
23-May-12
22-May-12
21-May-12
18-May-12
17-May-12
16-May-12
15-May-12
14-May-12
11-May-12
10-May-12
9-May-12
8-May-12
7-May-12
4-May-12
3-May-12
2-May-12
30-Apr-12
28-Apr-12
27-Apr-12
26-Apr-12
25-Apr-12
24-Apr-12
23-Apr-12
20-Apr-12

242.45
240.35
239.2
246.7
246.2
247.1
248.2
245.95
238.15
237.95
240.3
226.7
237.4
242.95
235.5
239.2
236.45
234.4
221.65
228.85
224.55
233
243.05
275.75
276.6
269.05
267
261.45
265.1
261.85
259.9
271.15
269
290.35
290.6
297.5
289.2
292.85
296.4
308.4
301.8
300.95
304.5
316.55
313.1
312.65
312.1
313.95
311.85
309.75
316.65

29-Jun-12
28-Jun-12
27-Jun-12
26-Jun-12
25-Jun-12
22-Jun-12
21-Jun-12
20-Jun-12
19-Jun-12
18-Jun-12
15-Jun-12
14-Jun-12
13-Jun-12
12-Jun-12
11-Jun-12
8-Jun-12
7-Jun-12
6-Jun-12
5-Jun-12
4-Jun-12
1-Jun-12
31-May-12
30-May-12
29-May-12
28-May-12
25-May-12
24-May-12
23-May-12
22-May-12
21-May-12
18-May-12
17-May-12
16-May-12
15-May-12
14-May-12
11-May-12
10-May-12
9-May-12
8-May-12
7-May-12
4-May-12
3-May-12
2-May-12
30-Apr-12
28-Apr-12
27-Apr-12
26-Apr-12
25-Apr-12
24-Apr-12
23-Apr-12
20-Apr-12

5278.9
5149.15
5141.9
5120.8
5114.65
5146.05
5165
5120.55
5103.85
5064.25
5139.05
5054.75
5121.45
5115.9
5054.1
5068.35
5049.65
4997.1
4863.3
4848.15
4841.6
4924.25
4950.75
4990.1
4985.65
4920.4
4921.4
4835.65
4860.5
4906.05
4891.45
4870.2
4858.25
4942.8
4907.8
4928.9
4965.7
4974.8
4999.95
5114.15
5086.85
5188.4
5239.15
5248.15
5209
5190.6
5189
5202
5222.65
5200.6
5290.85

0.87
0.48
-3.04
0.20
-0.36
-0.44
0.91
3.28
0.08
-0.98
6.00
-4.51
-2.28
3.16
-1.55
1.16
0.87
5.75
-3.15
1.91
-3.63
-4.13
-11.86
-0.31
2.81
0.77
2.12
-1.38
1.24
0.75
-4.15
0.80
-7.35
-0.09
-2.32
2.87
-1.25
-1.20
-3.89
2.19
0.28
-1.17
-3.81
1.10
0.14
0.18
-0.59
0.67
0.68
-2.18
-0.81

2.52
0.14
0.41
0.12
-0.61
-0.37
0.87
0.33
0.78
-1.46
1.67
-1.30
0.11
1.22
-0.28
0.37
1.05
2.75
0.31
0.14
-1.68
-0.54
-0.79
0.09
1.33
-0.02
1.77
-0.51
-0.93
0.30
0.44
0.25
-1.71
0.71
-0.43
-0.74
-0.18
-0.50
-2.23
0.54
-1.96
-0.97
-0.17
0.75
0.35
0.03
-0.25
-0.40
0.42
-1.71
-0.78

19-Apr-12
18-Apr-12
17-Apr-12
16-Apr-12
13-Apr-12
12-Apr-12
11-Apr-12
10-Apr-12
9-Apr-12
4-Apr-12
3-Apr-12
2-Apr-12
30-Mar-12
29-Mar-12
28-Mar-12
27-Mar-12
26-Mar-12
23-Mar-12
22-Mar-12
21-Mar-12
20-Mar-12
19-Mar-12
16-Mar-12
15-Mar-12
14-Mar-12
13-Mar-12
12-Mar-12
9-Mar-12
7-Mar-12
6-Mar-12
5-Mar-12
3-Mar-12
2-Mar-12
1-Mar-12
29-Feb-12
28-Feb-12
27-Feb-12
24-Feb-12
23-Feb-12
22-Feb-12
21-Feb-12
17-Feb-12
16-Feb-12
15-Feb-12
14-Feb-12
13-Feb-12
10-Feb-12
9-Feb-12
8-Feb-12
7-Feb-12

319.25
309.75
301.35
300.7
289.3
286.2
283.05
283.75
275.6
278.55
281.25
276.8
275.25
271.95
271.15
272.8
268.4
272.7
270.1
276.1
271.4
283.45
286.7
290.45
290
283
284.2
280.65
267.95
267
274.15
267.95
267.65
267.2
270.95
273.35
259.95
265.45
268.45
268.45
271.3
273.95
275.9
287.85
267.95
258.3
257.35
257.3
250.6
250.35

19-Apr-12
18-Apr-12
17-Apr-12
16-Apr-12
13-Apr-12
12-Apr-12
11-Apr-12
10-Apr-12
9-Apr-12
4-Apr-12
3-Apr-12
2-Apr-12
30-Mar-12
29-Mar-12
28-Mar-12
27-Mar-12
26-Mar-12
23-Mar-12
22-Mar-12
21-Mar-12
20-Mar-12
19-Mar-12
16-Mar-12
15-Mar-12
14-Mar-12
13-Mar-12
12-Mar-12
9-Mar-12
7-Mar-12
6-Mar-12
5-Mar-12
3-Mar-12
2-Mar-12
1-Mar-12
29-Feb-12
28-Feb-12
27-Feb-12
24-Feb-12
23-Feb-12
22-Feb-12
21-Feb-12
17-Feb-12
16-Feb-12
15-Feb-12
14-Feb-12
13-Feb-12
10-Feb-12
9-Feb-12
8-Feb-12
7-Feb-12

5332.4
5300
5289.7
5226.2
5207.45
5276.85
5226.85
5243.6
5234.4
5322.9
5358.5
5317.9
5295.55
5178.85
5194.75
5243.15
5184.25
5278.2
5228.45
5364.95
5274.85
5257.05
5317.9
5380.5
5463.9
5429.5
5359.55
5333.55
5220.45
5222.4
5280.35
5359.4
5359.35
5339.75
5385.2
5375.5
5281.2
5429.3
5483.3
5505.35
5607.15
5564.3
5521.95
5531.95
5416.05
5390.2
5381.6
5412.35
5368.15
5335.15

3.07
2.79
0.22
3.94
1.08
1.11
-0.25
2.96
-1.06
-0.96
1.61
0.56
1.21
0.30
-0.60
1.64
-1.58
0.96
-2.17
1.73
-4.25
-1.13
-1.29
0.16
2.47
-0.42
1.26
4.74
0.36
-2.61
2.31
0.11
0.17
-1.38
-0.88
5.15
-2.07
-1.12
0.00
-1.05
-0.97
-0.71
-4.15
7.43
3.74
0.37
0.02
2.67
0.10

0.61
0.19
1.22
0.36
-1.32
0.96
-0.32
0.18
-1.66
-0.66
0.76
0.42
2.25
-0.31
-0.92
1.14
-1.78
0.95
-2.54
1.71
0.34
-1.14
-1.16
-1.53
0.63
1.31
0.49
2.17
-0.04
-1.10
-1.47
0.00
0.37
-0.84
0.18
1.79
-2.73
-0.98
-0.40
-1.82
0.77
0.77
-0.18
2.14
0.48
0.16
-0.57
0.82
0.62

covar
var

1.22
0.81

Beta

1.51

Beta value for last one year (DAILY RETURNS)

Date
M&M
Date
NIFTY Close
6-Feb-13
885.15
6-Feb-13
5959.2
5-Feb-13
887.1
5-Feb-13
5956.9
4-Feb-13
883.9
4-Feb-13
5987.25
1-Feb-13
886.1
1-Feb-13
5998.9
31-Jan-13
889.25 31-Jan-13
6034.75
30-Jan-13
894.5 30-Jan-13
6055.75
29-Jan-13
898.6 29-Jan-13
6049.9
28-Jan-13
904.9 28-Jan-13
6074.8
25-Jan-13
901.5 25-Jan-13
6074.65
24-Jan-13
877.3 24-Jan-13
6019.35
23-Jan-13
881.95 23-Jan-13
6054.3
22-Jan-13
883.65 22-Jan-13
6048.5
21-Jan-13
882.1 21-Jan-13
6082.3
18-Jan-13
886 18-Jan-13
6064.4
17-Jan-13
900.95 17-Jan-13
6039.2
16-Jan-13
900.7 16-Jan-13
6001.85
15-Jan-13
929.3 15-Jan-13
6056.6
14-Jan-13
935 14-Jan-13
6024.05
11-Jan-13
937.9 11-Jan-13
5951.3
10-Jan-13
961.3 10-Jan-13
5968.65
9-Jan-13
964.45
9-Jan-13
5971.5
8-Jan-13
958.3
8-Jan-13
6001.7
7-Jan-13
954.15
7-Jan-13
5988.4
4-Jan-13
941.25
4-Jan-13
6016.15
3-Jan-13
936.4
3-Jan-13
6009.5
2-Jan-13
938.6
2-Jan-13
5993.25
1-Jan-13
941.8
1-Jan-13
5950.85
31-Dec-12
931.65 31-Dec-12
5905.1
28-Dec-12
924.6 28-Dec-12
5908.35
27-Dec-12
930.35 27-Dec-12
5870.1
26-Dec-12
944.65 26-Dec-12
5905.6
24-Dec-12
937.65 24-Dec-12
5855.75
21-Dec-12
937.55 21-Dec-12
5847.7
20-Dec-12
953.15 20-Dec-12
5916.4
19-Dec-12
968 19-Dec-12
5929.6
18-Dec-12
967.2 18-Dec-12
5896.8
17-Dec-12
960.25 17-Dec-12
5857.9
14-Dec-12
952.1 14-Dec-12
5879.6
13-Dec-12
942.35 13-Dec-12
5851.5
12-Dec-12
949.5 12-Dec-12
5888
11-Dec-12
929.75 11-Dec-12
5898.8
10-Dec-12
929.3 10-Dec-12
5908.9
7-Dec-12
939.2
7-Dec-12
5907.4
6-Dec-12
928.85
6-Dec-12
5930.9

HMV(Returns) Nifty(Returns)
-0.22
0.04
0.36
-0.51
-0.25
-0.19
-0.35
-0.59
-0.59
-0.35
-0.46
0.10
-0.70
-0.41
0.38
0.00
2.76
0.92
-0.53
-0.58
-0.19
0.10
0.18
-0.56
-0.44
0.30
-1.66
0.42
0.03
0.62
-3.08
-0.90
-0.61
0.54
-0.31
1.22
-2.43
-0.29
-0.33
-0.05
0.64
-0.50
0.43
0.22
1.37
-0.46
0.52
0.11
-0.23
0.27
-0.34
0.71
1.09
0.77
0.76
-0.06
-0.62
0.65
-1.51
-0.60
0.75
0.85
0.01
0.14
-1.64
-1.16
-1.53
-0.22
0.08
0.56
0.72
0.66
0.86
-0.37
1.03
0.48
-0.75
-0.62
2.12
-0.18
0.05
-0.17
-1.05
0.03
1.11
-0.40
-0.13
0.52

5-Dec-12
4-Dec-12
3-Dec-12
30-Nov-12
29-Nov-12
27-Nov-12
26-Nov-12
23-Nov-12
22-Nov-12
21-Nov-12
20-Nov-12
19-Nov-12
16-Nov-12
15-Nov-12
13-Nov-12
12-Nov-12
9-Nov-12
8-Nov-12
7-Nov-12
6-Nov-12
5-Nov-12
2-Nov-12
1-Nov-12
31-Oct-12
30-Oct-12
29-Oct-12
26-Oct-12
25-Oct-12
23-Oct-12
22-Oct-12
19-Oct-12
18-Oct-12
17-Oct-12
16-Oct-12
15-Oct-12
12-Oct-12
11-Oct-12
10-Oct-12
9-Oct-12
8-Oct-12
5-Oct-12
4-Oct-12
3-Oct-12
1-Oct-12
28-Sep-12
27-Sep-12

930.1
938.7
957.65
947
933.9
928.35
922.05
954.05
955.35
944.05
938.5
908.8
894.45
901.65
906.75
905.6
909.4
914.1
919.6
914.95
910.5
917.45
899.8
884.45
873.65
888.85
880.9
857.9
828.6
834.6
823.75
837.1
826.65
825.45
858
854.2
850.35
851.75
869.2
865.7
869
858.45
869.9
863.65
864.7
852.2

5-Dec-12
4-Dec-12
3-Dec-12
30-Nov-12
29-Nov-12
27-Nov-12
26-Nov-12
23-Nov-12
22-Nov-12
21-Nov-12
20-Nov-12
19-Nov-12
16-Nov-12
15-Nov-12
13-Nov-12
12-Nov-12
9-Nov-12
8-Nov-12
7-Nov-12
6-Nov-12
5-Nov-12
2-Nov-12
1-Nov-12
31-Oct-12
30-Oct-12
29-Oct-12
26-Oct-12
25-Oct-12
23-Oct-12
22-Oct-12
19-Oct-12
18-Oct-12
17-Oct-12
16-Oct-12
15-Oct-12
12-Oct-12
11-Oct-12
10-Oct-12
9-Oct-12
8-Oct-12
5-Oct-12
4-Oct-12
3-Oct-12
1-Oct-12
28-Sep-12
27-Sep-12

5900.5
5889.25
5870.95
5879.85
5825
5727.45
5635.9
5626.6
5627.75
5614.8
5571.55
5571.4
5574.05
5631
5666.95
5683.7
5686.25
5738.75
5760.1
5724.4
5704.2
5697.7
5645.05
5619.7
5597.9
5665.6
5664.3
5705.3
5691.4
5717.15
5684.25
5718.7
5660.25
5648
5687.25
5676.05
5708.05
5652.15
5704.6
5676
5746.95
5787.6
5731.25
5718.8
5703.3
5649.5

-0.92
-1.98
1.12
1.40
0.60
0.68
-3.35
-0.14
1.20
0.59
3.27
1.60
-0.80
-0.56
0.13
-0.42
-0.51
-0.60
0.51
0.49
-0.76
1.96
1.74
1.24
-1.71
0.90
2.68
3.54
-0.72
1.32
-1.59
1.26
0.15
-3.79
0.44
0.45
-0.16
-2.01
0.40
-0.38
1.23
-1.32
0.72
-0.12
1.47
0.28

0.19
0.31
-0.15
0.94
1.70
1.62
0.17
-0.02
0.23
0.78
0.00
-0.05
-1.01
-0.63
-0.29
-0.04
-0.91
-0.37
0.62
0.35
0.11
0.93
0.45
0.39
-1.19
0.02
-0.72
0.24
-0.45
0.58
-0.60
1.03
0.22
-0.69
0.20
-0.56
0.99
-0.92
0.50
-1.23
-0.70
0.98
0.22
0.27
0.95
-0.25

26-Sep-12
25-Sep-12
24-Sep-12
21-Sep-12
20-Sep-12
18-Sep-12
17-Sep-12
14-Sep-12
13-Sep-12
12-Sep-12
11-Sep-12
10-Sep-12
8-Sep-12
7-Sep-12
6-Sep-12
5-Sep-12
4-Sep-12
3-Sep-12
31-Aug-12
30-Aug-12
29-Aug-12
28-Aug-12
27-Aug-12
24-Aug-12
23-Aug-12
22-Aug-12
21-Aug-12
17-Aug-12
16-Aug-12
14-Aug-12
13-Aug-12
10-Aug-12
9-Aug-12
8-Aug-12
7-Aug-12
6-Aug-12
3-Aug-12
2-Aug-12
1-Aug-12
31-Jul-12
30-Jul-12
27-Jul-12
26-Jul-12
25-Jul-12
24-Jul-12
23-Jul-12

849.8
846.05
839.1
808.9
784.6
798.25
792
777.2
755.75
762.95
762.4
766.45
765.25
763.8
759.1
755.15
761.65
757.25
763.15
772
771.8
771.05
773.5
761.95
771.05
786
785.55
769.35
765.3
748.5
739.8
739.55
743.05
722.7
697.05
695.1
684.8
695.6
698.95
700.85
706.55
687.45
682
681.6
686
692.05

26-Sep-12
25-Sep-12
24-Sep-12
21-Sep-12
20-Sep-12
18-Sep-12
17-Sep-12
14-Sep-12
13-Sep-12
12-Sep-12
11-Sep-12
10-Sep-12
8-Sep-12
7-Sep-12
6-Sep-12
5-Sep-12
4-Sep-12
3-Sep-12
31-Aug-12
30-Aug-12
29-Aug-12
28-Aug-12
27-Aug-12
24-Aug-12
23-Aug-12
22-Aug-12
21-Aug-12
17-Aug-12
16-Aug-12
14-Aug-12
13-Aug-12
10-Aug-12
9-Aug-12
8-Aug-12
7-Aug-12
6-Aug-12
3-Aug-12
2-Aug-12
1-Aug-12
31-Jul-12
30-Jul-12
27-Jul-12
26-Jul-12
25-Jul-12
24-Jul-12
23-Jul-12

5663.45
5673.9
5669.6
5691.15
5554.25
5600.05
5610
5577.65
5435.35
5431
5390
5363.45
5358.7
5342.1
5238.4
5225.7
5274
5253.75
5258.5
5315.05
5287.8
5334.6
5350.25
5386.7
5415.35
5412.85
5421
5366.3
5362.95
5380.35
5347.9
5320.4
5322.95
5338
5336.7
5282.55
5215.7
5227.75
5240.5
5229
5199.8
5099.85
5043
5109.6
5128.2
5117.95

0.44
0.83
3.73
3.10
-1.71
0.79
1.90
2.84
-0.94
0.07
-0.53
0.16
0.19
0.62
0.52
-0.85
0.58
-0.77
-1.15
0.03
0.10
-0.32
1.52
-1.18
-1.90
0.06
2.11
0.53
2.24
1.18
0.03
-0.47
2.82
3.68
0.28
1.50
-1.55
-0.48
-0.27
-0.81
2.78
0.80
0.06
-0.64
-0.87
-1.58

-0.18
0.08
-0.38
2.46
-0.82
-0.18
0.58
2.62
0.08
0.76
0.50
0.09
0.31
1.98
0.24
-0.92
0.39
-0.09
-1.06
0.52
-0.88
-0.29
-0.68
-0.53
0.05
-0.15
1.02
0.06
-0.32
0.61
0.52
-0.05
-0.28
0.02
1.03
1.28
-0.23
-0.24
0.22
0.56
1.96
1.13
-1.30
-0.36
0.20
-1.67

20-Jul-12
19-Jul-12
18-Jul-12
17-Jul-12
16-Jul-12
13-Jul-12
12-Jul-12
11-Jul-12
10-Jul-12
9-Jul-12
6-Jul-12
5-Jul-12
4-Jul-12
3-Jul-12
2-Jul-12
29-Jun-12
28-Jun-12
27-Jun-12
26-Jun-12
25-Jun-12
22-Jun-12
21-Jun-12
20-Jun-12
19-Jun-12
18-Jun-12
15-Jun-12
14-Jun-12
13-Jun-12
12-Jun-12
11-Jun-12
8-Jun-12
7-Jun-12
6-Jun-12
5-Jun-12
4-Jun-12
1-Jun-12
31-May-12
30-May-12
29-May-12
28-May-12
25-May-12
24-May-12
23-May-12
22-May-12
21-May-12
18-May-12

703.15
710.15
708.7
708.1
717.7
719.85
718.55
730.55
733.5
729.95
731.55
722.05
718.55
717.9
714.9
707.25
691.6
692.6
692.9
689.05
697.8
694.9
694.15
695.6
693.15
698.45
680.4
683.4
695.55
679.5
688.7
688.55
674.55
654.75
649.85
645.15
652.6
657.5
655.35
653.9
638.3
652.7
644.65
638.45
647.3
641.45

20-Jul-12
19-Jul-12
18-Jul-12
17-Jul-12
16-Jul-12
13-Jul-12
12-Jul-12
11-Jul-12
10-Jul-12
9-Jul-12
6-Jul-12
5-Jul-12
4-Jul-12
3-Jul-12
2-Jul-12
29-Jun-12
28-Jun-12
27-Jun-12
26-Jun-12
25-Jun-12
22-Jun-12
21-Jun-12
20-Jun-12
19-Jun-12
18-Jun-12
15-Jun-12
14-Jun-12
13-Jun-12
12-Jun-12
11-Jun-12
8-Jun-12
7-Jun-12
6-Jun-12
5-Jun-12
4-Jun-12
1-Jun-12
31-May-12
30-May-12
29-May-12
28-May-12
25-May-12
24-May-12
23-May-12
22-May-12
21-May-12
18-May-12

5205.1
5242.7
5216.3
5192.85
5197.25
5227.25
5235.25
5306.3
5345.35
5275.15
5316.95
5327.3
5302.55
5287.95
5278.6
5278.9
5149.15
5141.9
5120.8
5114.65
5146.05
5165
5120.55
5103.85
5064.25
5139.05
5054.75
5121.45
5115.9
5054.1
5068.35
5049.65
4997.1
4863.3
4848.15
4841.6
4924.25
4950.75
4990.1
4985.65
4920.4
4921.4
4835.65
4860.5
4906.05
4891.45

-0.99
0.20
0.08
-1.34
-0.30
0.18
-1.64
-0.40
0.49
-0.22
1.32
0.49
0.09
0.42
1.08
2.26
-0.14
-0.04
0.56
-1.25
0.42
0.11
-0.21
0.35
-0.76
2.65
-0.44
-1.75
2.36
-1.34
0.02
2.08
3.02
0.75
0.73
-1.14
-0.75
0.33
0.22
2.44
-2.21
1.25
0.97
-1.37
0.91
0.75

-0.72
0.51
0.45
-0.08
-0.57
-0.15
-1.34
-0.73
1.33
-0.79
-0.19
0.47
0.28
0.18
-0.01
2.52
0.14
0.41
0.12
-0.61
-0.37
0.87
0.33
0.78
-1.46
1.67
-1.30
0.11
1.22
-0.28
0.37
1.05
2.75
0.31
0.14
-1.68
-0.54
-0.79
0.09
1.33
-0.02
1.77
-0.51
-0.93
0.30
0.44

17-May-12
16-May-12
15-May-12
14-May-12
11-May-12
10-May-12
9-May-12
8-May-12
7-May-12
4-May-12
3-May-12
2-May-12
30-Apr-12
28-Apr-12
27-Apr-12
26-Apr-12
25-Apr-12
24-Apr-12
23-Apr-12
20-Apr-12
19-Apr-12
18-Apr-12
17-Apr-12
16-Apr-12
13-Apr-12
12-Apr-12
11-Apr-12
10-Apr-12
9-Apr-12
4-Apr-12
3-Apr-12
2-Apr-12
30-Mar-12
29-Mar-12
28-Mar-12
27-Mar-12
26-Mar-12
23-Mar-12
22-Mar-12
21-Mar-12
20-Mar-12
19-Mar-12
16-Mar-12
15-Mar-12
14-Mar-12
13-Mar-12

636.65
656.45
654.9
656.9
655.05
660.75
655.3
676.65
690
687.05
705.65
715.5
710.05
714.6
712.65
703.85
703.3
716.75
714.6
726.45
706.55
692.2
684.4
686.05
691.85
695.35
694.45
694.3
683.6
697.8
706.6
710.65
700.2
679.45
681.25
684.9
681.45
687.75
686
699.6
686.7
691
677.95
657.55
668.95
657.1

17-May-12
16-May-12
15-May-12
14-May-12
11-May-12
10-May-12
9-May-12
8-May-12
7-May-12
4-May-12
3-May-12
2-May-12
30-Apr-12
28-Apr-12
27-Apr-12
26-Apr-12
25-Apr-12
24-Apr-12
23-Apr-12
20-Apr-12
19-Apr-12
18-Apr-12
17-Apr-12
16-Apr-12
13-Apr-12
12-Apr-12
11-Apr-12
10-Apr-12
9-Apr-12
4-Apr-12
3-Apr-12
2-Apr-12
30-Mar-12
29-Mar-12
28-Mar-12
27-Mar-12
26-Mar-12
23-Mar-12
22-Mar-12
21-Mar-12
20-Mar-12
19-Mar-12
16-Mar-12
15-Mar-12
14-Mar-12
13-Mar-12

4870.2
4858.25
4942.8
4907.8
4928.9
4965.7
4974.8
4999.95
5114.15
5086.85
5188.4
5239.15
5248.15
5209
5190.6
5189
5202
5222.65
5200.6
5290.85
5332.4
5300
5289.7
5226.2
5207.45
5276.85
5226.85
5243.6
5234.4
5322.9
5358.5
5317.9
5295.55
5178.85
5194.75
5243.15
5184.25
5278.2
5228.45
5364.95
5274.85
5257.05
5317.9
5380.5
5463.9
5429.5

-3.02
0.24
-0.30
0.28
-0.86
0.83
-3.16
-1.93
0.43
-2.64
-1.38
0.77
-0.64
0.27
1.25
0.08
-1.88
0.30
-1.63
2.82
2.07
1.14
-0.24
-0.84
-0.50
0.13
0.02
1.57
-2.03
-1.25
-0.57
1.49
3.05
-0.26
-0.53
0.51
-0.92
0.26
-1.94
1.88
-0.62
1.92
3.10
-1.70
1.80
-1.01

0.25
-1.71
0.71
-0.43
-0.74
-0.18
-0.50
-2.23
0.54
-1.96
-0.97
-0.17
0.75
0.35
0.03
-0.25
-0.40
0.42
-1.71
-0.78
0.61
0.19
1.22
0.36
-1.32
0.96
-0.32
0.18
-1.66
-0.66
0.76
0.42
2.25
-0.31
-0.92
1.14
-1.78
0.95
-2.54
1.71
0.34
-1.14
-1.16
-1.53
0.63
1.31

12-Mar-12
9-Mar-12
7-Mar-12
6-Mar-12
5-Mar-12
3-Mar-12
2-Mar-12
1-Mar-12
29-Feb-12
28-Feb-12
27-Feb-12
24-Feb-12
23-Feb-12
22-Feb-12
21-Feb-12
17-Feb-12
16-Feb-12
15-Feb-12
14-Feb-12
13-Feb-12
10-Feb-12
9-Feb-12
8-Feb-12
7-Feb-12

663.8 12-Mar-12
676.95 9-Mar-12
674.9 7-Mar-12
681.15 6-Mar-12
675.3 5-Mar-12
678.3 3-Mar-12
679.95 2-Mar-12
681.75 1-Mar-12
709.85 29-Feb-12
704.1 28-Feb-12
696.65 27-Feb-12
729.95 24-Feb-12
723.5 23-Feb-12
742.8 22-Feb-12
762.6 21-Feb-12
748.6 17-Feb-12
724.25 16-Feb-12
734.55 15-Feb-12
717.3 14-Feb-12
705.2 13-Feb-12
691.55 10-Feb-12
702.05
9-Feb-12
686.95
8-Feb-12
689.65
7-Feb-12

5359.55
5333.55
5220.45
5222.4
5280.35
5359.4
5359.35
5339.75
5385.2
5375.5
5281.2
5429.3
5483.3
5505.35
5607.15
5564.3
5521.95
5531.95
5416.05
5390.2
5381.6
5412.35
5368.15
5335.15

-1.94
0.30
-0.92
0.87
-0.44
-0.24
-0.26
-3.96
0.82
1.07
-4.56
0.89
-2.60
-2.60
1.87
3.36
-1.40
2.40
1.72
1.97
-1.50
2.20
-0.39

0.49
2.17
-0.04
-1.10
-1.47
0.00
0.37
-0.84
0.18
1.79
-2.73
-0.98
-0.40
-1.82
0.77
0.77
-0.18
2.14
0.48
0.16
-0.57
0.82
0.62

covar
var

0.65
0.81

Beta

0.81

Tata Motor Ltd

Weighted Average Cost of Capital

Risk Free Return
Beta
Expected Market return
Market Risk Premium
Cost of Equity
Cost of Debt After Tax
Debt/Equity Ratio
E/(D+E)
D/(D+E)

8.24
1.61
18.77
10.53
25.19
6.51
0.29
0.78
0.22

WACC

23.24

Particulars

Cost of Debt
Rs Crore or %

Market Price
297.5
No of Equity Shares
317.35
Market value of Equities 94411.625
Outstanding Debt
11,011.63
Wd
0.10445162
We
0.89554838
Interest Rate on Debt
9.3028
Cost of Debt After Tax
6.51196

Cost of Debt
Particulars

Rs Crore or %

Rs Crore or %

Secured Debentures
Unsecured Term loan (Average 2011-2012)
US LIBOR
Margin Over US Libor
Avg Yearly Libor rate
Secured Non convertible Debentures Rate
Cost of Debt before Tax
Corporate Tax (30%)

Cost of Debt After Tax

400.00
1527.00
0.50
0.50
4.06
11.95
5.70
0.30
3.99

M&M
Cost of Debt
Particulars

Weighted Average Cost of Capital

Risk Free Return
Beta
Market Return
Market Risk Premium
Cost of Equity
Cost of Debt After Tax
Debt/Equity Ratio
E/(D+E)
D/(D+E)

WACC

8.24
0.81
18.77
10.53
16.7693
3.99
0.29
0.7751938
0.2248062

13.896135

Interest Received
Interest Paid
Risk free return
Long term debt 2011
Long term debt 2012
Avg Long term debt
Interest Rate on Debt

Cost of Debt After Tax

Cost of Debt
Rs Crore or %Particulars
108
153
8.24
2312
3174
2743
5.577834488
3.904484141

Cost of Debt

Secured Debentures
Unsecured Term loan (Average 2011-2012)
US LIBOR
Margin Over US Libor
Avg Yearly Libor rate
Secured Non convertible Debentures Rate
Cost of Debt before Tax
Corporate Tax (30%)

Cost of Debt After Tax

Rs Crore or %
400.00
1527.00
0.50
0.50
4.06
11.95
5.70
0.30
3.99

Market Return Calculation

Dates
Closing
Annualized returns
1-Feb-13
5938.8
10.28
1-Feb-12
5385.2
0.97
1-Feb-11
5333.25
8.35
1-Feb-10
4922.3
78.11
1-Feb-09
2763.65
-47.09
1-Feb-08
5223.5
39.47
1-Feb-07
3745.3
21.81
1-Feb-06
3074.7
46.19
1-Feb-05
2103.25
16.83
1-Feb-04
1800.3
69.30
1-Feb-03
1063.4

(1+r)
1.10 average mean
24.4210297
1.01 geometric mean
18.77
1.08
1.78
0.53
1.39
1.22
1.46
1.17
1.69

Particular

Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

2
31735.47
3.91
200.00
1280.70
4.04
181.54
60.95

10
6346.14
28.55
200.00
1274.23
20.08
192.80
314.93

10
5705.58
39.26
150.00
859.05
15.06
132.89
259.03

10
5140.08
19.48
60.00
311.61
6.06
34.09
240.64

10
3855.04
52.63
150.00
578.43
15.00
81.25
202.70

5890.30
48.88
250.00
767.48
13.03
101.13
205.32

5872.47
45.33
230.00
706.08
12.02
96.56
174.85

5659.08
36.89
190.00
549.52
9.71
74.23
138.02

2726.16
30.69
100.00
278.83
10.23
33.23
191.91

2390.73
46.15
115.00
282.61
11.82
38.48
181.43

2889.10
56.60
150.00
216.70
7.50
35.10
525.68

2889.10
79.21
150.00
216.70
7.50
35.10
479.99

2889.10
86.45
120.00
173.30
6.00
28.80
409.65

2889.10
42.18
70.00
101.10
3.50
17.20
323.45

2889.10
59.91
100.00
144.50
5.00
24.80
291.28

131.76
625.62
100.00
13.18
10.00
2.14
867.69

131.76
44.49
50.00
6.59
5.00
1.07
253.70

131.76
45.86
30.00
3.95
3.00
0.67
215.02

131.76
94.54
0.00
0.00
0.00
0.00
172.67

131.76
-63.49
0.00
0.00
0.00
0.00
78.14

Tata Motors
Fac Value of Share
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Equity Dividend
Dividend per Share
Corporate Dividend Tax
Book Value (Rs)

M&M
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Equity Dividend
Dividend per Share
Corporate Dividend Tax
Book Value (Rs)

Maruti Suzuki India

Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Equity Dividend
Dividend per Share
Corporate Dividend Tax
Book Value (Rs)

Force Motors
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Equity Dividend
Dividend per Share
Corporate Dividend Tax
Book Value (Rs)

Particular

Mar '12

Mar '11

Mar '10

Mar '09

5
5890.30
48.88
250.00
767.48
13.03
101.13
205.32

5
5872.47
45.33
230.00
706.08
12.02
96.56
174.85

5
5659.08
36.89
190.00
549.52
9.71
74.23
138.02

10
2726.16
30.69
100.00
278.83
10.23
33.23
191.91

M&M
Fac Value of Share
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Equity Dividend
Dividend per Share
Corporate Dividend Tax
Book Value (Rs)

Mar '08

Particular

Mar '12

Mar '11

Mar '10

5
2889.10
56.60
150.00
216.70
7.50
35.10
525.68

5
2889.10
79.21
150.00
216.70
7.50
35.10
479.99

5
2889.10
86.45
120.00
173.30
6.00
28.80
409.65

Maruti Suzuki India

10
2390.73
46.15
115.00
282.61
11.82
38.48
181.43

Fac Value of Share

Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Equity Dividend
Dividend per Share
Corporate Dividend Tax
Book Value (Rs)

Mar '09

Mar '08

5
2889.10
42.18
70.00
101.10
3.50
17.20
323.45

5
2889.10
59.91
100.00
144.50
5.00
24.80
291.28

Particular

Mar '12

Mar '11

10
131.76
625.62
100.00
13.18
10.00
2.14
867.69

10
131.76
44.49
50.00
6.59
5.00
1.07
253.70

Force Motors
Fac Value of Share
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Equity Dividend
Dividend per Share
Corporate Dividend Tax
Book Value (Rs)

Mar '10

Mar '09

Mar '08

10
131.76
45.86
30.00
3.95
3.00
0.67
215.02

10
131.76
94.54
0.00
0.00
0.00
0.00
172.67

10
131.76
-63.49
0.00
0.00
0.00
0.00
78.14

Particular
Current Assets (Rs Crore)
Current liabilities (Rs Crore)

Tata Motors
Mar-12
11,841.18
22,177.47

Mar-11
9,035.12
19,000.27

Mar-10
7,080.88
14,609.16

-10,336.29
0.53
0.32

-9,965.15
0.48
0.26

-7,528.28
0.48
0.28

11.80
20.45
4.30
30.93
17.85
48.77
84.93
-36.15

12.67
19.24
3.19
28.81
18.97
47.78
114.38
-66.60

12.13
19.79
2.54
30.08
18.45
48.53
143.91
-95.39

2.99
1.00

2.86
0.92

4.33
1.02

50,039.67
4,588.23
2,708.32
8,744.83
54,306.56
41,026.00
19,056.19
54,519.28

43,251.52
3,891.39
2,602.88
10,347.21
48,040.46
35,376.00
17,216.10
54,190.45

31,340.46
2,935.59
2,391.92
11824.69
35,593.05
25,611.00
16,436.04
50,441.24

Liquidity Ratio
Working Capital (Rs Crore)
Current Ratio
Quick Ratio (=(cash and eq+market sec+AR)/CL)

Management Efficiency Ratios

Inventory Turnover Ratio
Accounts Receivables Turnover Ratio
Accounts Payables Turnover Ratio
Days Inventory
Days Receivables
Operating Cycle
Days Payables
Cash Conversion Cycle

Asset Utlilization Ratio

Fixed Assets Turnover Ratio
Total Assets Turnover Ratio
COGS (Rs Crore)
Invetory
AR
AP
Net Sales (Rs Crore)
Purchase (Rs Crore)
Fixed Asset
Total Asset

Check crores or millions?

M&M

2,230.00
1205.52
8370.99

Mar-12
4,977.32
6,921.73

Mar-11
3,496.55
5,289.67

-1944.41
0.72
0.61

Maruti Suzuki India

Mar-10

Mar-12
10301
6,547.00

Mar-11
4,984.00
3,554.00

-1793.12
0.66
0.49

3754
1.57
1.24

1430
1.40
0.96

14.99
19.05
3.81
24.35
19.16
43.51
95.78
-52.27

15.64
17.97
3.37
23.34
20.31
43.65
108.38
-64.73

9.65
38.84
9.09
37.81
9.40
47.21
40.14
7.07

24.92
42.93
10.64
14.65
8.50
23.15
34.31
-11.16

4.32
2.19

4.08
1.86

4.71
1.94

6.10
2.69

28,065.41
2,358.39
1,988.36
4796
31,835.20
16668.23

20,036.33
1,694.21
1,354.72
3952
23,477.53
12380

15,499.53
1,796.50
937.6
3,349.90
35,558.20
27088.5
8,132.00
22,302.00

32,693.70
1,415.00
893.3
2608.3
36,561.50
27479
6,958.00
14,341.00

Mar-10

33,218.30
1,208.80
809.9
2557.2
29,317.70
5,024.00
12793

Force Motors
Mar-12

Mar-11

Mar-10

Debt
Equity

D/E

36.25%
63.75%

11,012
19,368

Debt Equity Ratio

Long Term Debt Equity Ratio
Interest Coverage Ratio
Financial Leverage (assetts to equity)

0.56855759
Total Assets
Networth

Capital Structure in Percentage

64%

Mar '12

Mar '11

Mar '10

Mar '09

Mar '08

0.57
0.41
3.7
1.57

0.8
0.52
2.64
1.79

1.12
0.8
2.61
2.12

1.06
0.49
2.43
2.06

0.8
0.5
6.28
1.80

30,379.29
19,367.66

35,912.05
20,013.30

31,429.69
14,803.78

25,559.83
12,394.27

14,120.02
7,839.50

l Structure in Percentage

Capital Structure in Absolute Terms

11,012

36%

Debt
Equity

19,368

e in Absolute Terms
11,012
Debt
Equity

Particular
Current Assets (Rs Crore)
Current liabilities (Rs Crore)
Liquidity Ratio
Working Capital (Rs Crore)
Current Ratio
Quick Ratio (=(cash and eq+market sec+AR)/CL)
Management Efficiency Ratios
Inventory Turnover Ratio
Accounts Receivables Turnover Ratio
Accounts Payables Turnover Ratio
Days Inventory
Days Receivables
Operating Cycle
Days Payables
Cash Conversion Cycle
Asset Utlilization Ratio
Fixed Assets Turnover Ratio
Total Assets Turnover Ratio

Tata Motors
Mar-12
Mar-11
11,841.18 9,035.12
22,177.47 19,000.27
-10,336.29 -9,965.15
0.53
0.48
0.32
0.26

M&M
Mar-12
Mar-11
4,977.32 3,496.55
6,921.73 5,289.67
-1944.41
0.72
0.61

-1793.12
0.66
0.49

11.80
20.45
4.30
30.93
17.85
48.77
84.93
-36.15

12.67
19.24
3.19
28.81
18.97
47.78
114.38
-66.60

14.99
19.05
3.81
24.35
19.16
43.51
95.78
-52.27

15.64
17.97
3.37
23.34
20.31
43.65
108.38
-64.73

2.99
1.00

2.86
0.92

4.32
2.19

4.08
1.86

Maruti Suzuki India

Mar-12
Mar-11
10301 4,984.00
6,547.00 3,554.00

Force Motors
Mar-12
Mar-11
981.33
487.44
405
543

3754
1.57
1.24

1430
1.40
0.96

576.61
2.42
1.53

-55.68
0.90
0.32

9.65
38.84
9.09
37.81
9.40
47.21
40.14
7.07

24.92
42.93
10.64
14.65
8.50
23.15
34.31
-11.16

5.83
13.12
5.40
62.63
27.82
90.45
67.57
22.88

5.64
10.04
3.76
64.73
36.34
101.07
97.13
3.94

4.71
1.94

6.10
2.69

1.8
1.81

1.46
2.84