Trent Industries (Bloomberg terminal)

Date
Last Price Volume
SMAVG (15)
10/31/2015 1395.05
196765
316047
9/30/2015
1303.4
440090
334926
8/31/2015 1236.35
294714
369472
7/31/2015 1224.05
358464
389235
6/30/2015
1126.9
146436
392573
5/31/2015
1191.3
262420
492144
4/30/2015
1138.7
231591
482072
3/31/2015
1469.8
289478
491738
2/28/2015 1466.25
231003
569773
1/31/2015
1458.8
316974
576751
12/31/2014
1490.2
290688
572427
11/30/2014
1458.8
495989
570186
10/31/2014
1327.5
252882
545287
9/30/2014
1377.4
540438
537856
8/31/2014 1140.05
392772
518149
7/31/2014 1215.05
479955
500292
6/30/2014
1253.9
958278
524000
5/31/2014
1042.5
591150
471815
4/30/2014
985.7
408540
438028
3/31/2014 1028.25 1640000
426954
2/28/2014
997.4
111349
352421
1/31/2014
1085.7
376574
363848
12/31/2013
1264.7 1460000
352925
11/30/2013 1042.95
335670
288229
10/31/2013
924.75
252123
273128
9/30/2013
928.8
257073
283182
8/31/2013
945
122494
272716
7/31/2013 1006.85
141429
280477
6/30/2013
993.75
244829
317356
5/31/2013
1076.4
124910
335148
4/30/2013
1074.8
835581
359182
3/31/2013
997.2
175510
330353
2/28/2013 1111.15
84340
329676
1/31/2013
1147.5
242422
352172
12/31/2012
1307.9
522011
343747
11/30/2012 1218.65
282758
334823
10/31/2012 1113.15
212720
337526
9/30/2012 1172.95
489566
370462
8/31/2012 1052.25
109160
375630
7/31/2012 1030.05
402931
382343
6/30/2012
981.2
100076
372842
5/31/2012
918.75
238916
410873
4/30/2012
919.25
694606
412316
3/31/2012
951.95
511711
376206
2/29/2012
947.15
485417
400817
1/31/2012
876
403151
389597

Torrent Pharma(Bloomberg Termina

Date
Last Price
10/31/2015
194.3
9/30/2015
178.15
8/31/2015
154.55
7/31/2015
146.2
6/30/2015
140
5/31/2015
162.4
4/30/2015
165.1
3/31/2015
163.55
2/28/2015
169.25
1/31/2015
171.75
12/31/2014
158.7
11/30/2014
157.3
10/31/2014
164.65
9/30/2014
136.1
8/31/2014
134.05
7/31/2014
140
6/30/2014
159.85
5/31/2014
157.1
4/30/2014
104.3
3/31/2014
94
2/28/2014
83.35
1/31/2014
94.9
12/31/2013
119.95
11/30/2013
124.9
10/31/2013
84.2
9/30/2013
70.55
8/31/2013
75.05
7/31/2013
74.35
6/30/2013
108.85
5/31/2013
126.7
4/30/2013
141.4
3/31/2013
138.15
2/28/2013
163.55
1/31/2013
168.3
12/31/2012
193.5
11/30/2012
160.6
10/31/2012
153.7
9/30/2012
175.85
8/31/2012
148.3
7/31/2012
159.1
6/30/2012
182
5/31/2012
198.9
4/30/2012
203.85
3/31/2012
201.75
2/29/2012
220.75
1/31/2012
206.9

12/31/2011
11/30/2011
10/31/2011
9/30/2011
8/31/2011
7/31/2011
6/30/2011
5/31/2011
4/30/2011
3/31/2011
2/28/2011
1/31/2011
12/31/2010
11/30/2010
10/31/2010
9/30/2010
8/31/2010
7/31/2010
6/30/2010
5/31/2010
4/30/2010
3/31/2010
2/28/2010
1/31/2010
12/31/2009
11/30/2009
10/31/2009
9/30/2009
8/31/2009

850.6
999.45
1088.55
1099.7
1114.65
1210.9
1145.6
1021.75
1001.7
982.65
829.05
845.5
963.75
900.1
1014.9
1051.7
1025.35
914.8
909.05
806.8
813.8
803.65
800.15
797.7
904.3
821.05
663.5
633.95
562.6

165361
421772
116044
388155
323300
706762
567089
209852
260420
670533
260564
152963
880877
317112
774359
1850000
3980000
1240000
164705
169787
170729
656592
38884
357321
187305
413328
163099
234465
156614

414344
526653
763869
838799
823902
813668
777933
783900
772502
778962
746747
756931
757607
714512
703813

12/31/2011
11/30/2011
10/31/2011
9/30/2011
8/31/2011
7/31/2011
6/30/2011
5/31/2011
4/30/2011
3/31/2011
2/28/2011
1/31/2011
12/31/2010
11/30/2010
10/31/2010
9/30/2010
8/31/2010
7/31/2010
6/30/2010
5/31/2010
4/30/2010
3/31/2010
2/28/2010
1/31/2010
12/31/2009
11/30/2009
10/31/2009
9/30/2009
8/31/2009

197.05
200.1
235.05
223.75
224.35
240.5
239.5
248.45
247.2
250.8
230.25
225.15
276.4
284.5
291.3
324.1
339.1
344.4
332.45
323.5
303.65
288.85
294.35
290.25
322.7
321.3
284.6
318.55
227.55

rma(Bloomberg Terminal)
Volume
SMAVG (15)
15640000 11520667
6430000 11512667
14580000 12226000
5470000 15276667
4320000 16661333
5730000 18196000
5200000 18048000
9440000 18137334
6670000 18624000
16720000 20464666
18660000 19955334
9880000 19182666
13530000 18956666
25660000 18137334
14880000 16551333
15520000 15748000
17130000 14810000
60340000 13810667
26240000 9918000
27340000 8772000
3510000 7376667
6540000 7236667
16740000 6968667
34280000 6640667
9080000 4432667
7070000 3986667
6490000 3566797
1240000 3242130
1870000 3201426
2830000 3150092
1450000 3348759
2140000 3376759
1950000 3268354
9050000 3192092
6410000 2690759
1410000 2358759
2520000 2380759
11820000 2287426
1160000 1559333
2390000 1527792
771954 1418432
1620000 1500968
629427 1472302
1100000 1553006
5810000 1596340
1870000 1394340

NSE(Bloomberg Terminal)
Date
Last Price Volume
SMAVG (15)
10/31/2015
8065.8 3.5E+009 3.3E+009
9/30/2015
7948.9 3.5E+009 3.3E+009
8/31/2015
7971.3 4.1E+009 3.3E+009
7/31/2015 8532.85 3.2E+009 3.3E+009
6/30/2015
8368.5 3.2E+009 3.3E+009
5/31/2015 8433.65 3.5E+009 3.3E+009
4/30/2015
8181.5 3.4E+009 3.3E+009
3/31/2015
8491 3.8E+009 3.3E+009
2/28/2015 8901.85 3.8E+009 3.2E+009
1/31/2015
8808.9 3.5E+009 3.2E+009
12/31/2014
8282.7 3.2E+009 3.2E+009
11/30/2014 8588.25 2.7E+009 3.3E+009
10/31/2014
8322.2 2.7E+009 3.5E+009
9/30/2014
7964.8 2.9E+009 3.5E+009
8/31/2014 7954.35 2.5E+009 3.5E+009
7/31/2014
7721.3 3.3E+009 3.6E+009
6/30/2014 7611.35 3.6E+009 3.5E+009
5/31/2014 7229.95 4.3E+009 3.5E+009
4/30/2014
6696.4 2.6E+009 3.4E+009
3/31/2014
6704.2 3.8E+009 3.4E+009
2/28/2014 6276.95 2.8E+009 3.3E+009
1/31/2014
6089.5 3.4E+009 3.3E+009
12/31/2013
6304 3.6E+009 3.3E+009
11/30/2013
6176.1 3.0E+009 3.2E+009
10/31/2013 6299.15 3.9E+009 3.2E+009
9/30/2013
5735.3 4.5E+009 3.1E+009
8/31/2013
5471.8 5.0E+009 3.0E+009
7/31/2013
5742 3.5E+009 2.9E+009
6/30/2013
5842.2 3.0E+009 2.9E+009
5/31/2013 5985.95 3.1E+009 3.0E+009
4/30/2013
5930.2 2.7E+009 3.1E+009
3/31/2013 5682.55 2.9E+009 3.2E+009
2/28/2013 5693.05 3.1E+009 3.2E+009
1/31/2013 6034.75 3.1E+009 3.2E+009
12/31/2012
5905.1 2.4E+009 3.2E+009
11/30/2012 5879.85 2.3E+009 3.3E+009
10/31/2012
5619.7 2.8E+009 3.3E+009
9/30/2012
5703.3 3.4E+009 3.3E+009
8/31/2012
5258.5 2.8E+009 3.2E+009
7/31/2012
5229 2.7E+009 3.2E+009
6/30/2012
5278.9 3.0E+009 3.2E+009
5/31/2012 4924.25 3.2E+009 3.2E+009
4/30/2012 5248.15 2.8E+009 3.2E+009
3/31/2012 5295.55 4.2E+009 3.2E+009
2/29/2012
5385.2 5.0E+009 3.2E+009
1/31/2012 5199.25 4.0E+009 3.1E+009

513933
806071
1530000
1430000
1740000
1120000
898605
686890
749597
2010000
1190000
1840000
1750000
2780000
3640000
5240000
2900000
4590000
3070000
7550000
4380000
6520000
3250000
7480000
4920000
8240000
8410000
16720000
10070000

1512340
1827411
1967006
2171006
2280340
2667673
2885006
3259766
3430640
3879333
4073333
4543334
4981334
5979334
6465334

12/31/2011
11/30/2011
10/31/2011
9/30/2011
8/31/2011
7/31/2011
6/30/2011
5/31/2011
4/30/2011
3/31/2011
2/28/2011
1/31/2011
12/31/2010
11/30/2010
10/31/2010
9/30/2010
8/31/2010
7/31/2010
6/30/2010
5/31/2010
4/30/2010
3/31/2010
2/28/2010
1/31/2010
12/31/2009
11/30/2009
10/31/2009
9/30/2009
8/31/2009

4624.3
4832.05
5326.6
4943.25
5001
5482
5647.4
5560.15
5749.5
5833.75
5333.25
5505.9
6134.5
5862.7
6017.7
6029.95
5402.4
5367.6
5312.5
5086.3
5278
5249.1
4922.3
4882.05
5201.05
5032.7
4711.7
5083.95
4662.1

3.4E+009
3.3E+009
3.0E+009
3.5E+009
3.1E+009
2.3E+009
2.4E+009
2.4E+009
2.2E+009
3.2E+009
3.7E+009
3.1E+009
3.0E+009
3.3E+009
2.9E+009
3.6E+009
3.2E+009
3.3E+009
4.0E+009
3.9E+009
3.2E+009
3.4E+009
3.6E+009
3.9E+009
4.4E+009
5.2E+009
4.9E+009
4.7E+009
5.3E+009

3.0E+009
3.0E+009
3.0E+009
3.0E+009
3.0E+009
3.1E+009
3.2E+009
3.2E+009
3.3E+009
3.4E+009
3.5E+009
3.6E+009
3.7E+009
3.8E+009
4.0E+009

MAVG (15)

Stocks Data in NSE

Return for Trent
Trent Industries
Torrent Pharma
Industries(r1)
Date
Last Price
Last Price
10/31/2015
1395.05
194.3
7.0316%
9/30/2015
1303.4
178.15
5.4232%
8/31/2015
1236.35
154.55
1.0049%
7/31/2015
1224.05
146.2
8.6210%
6/30/2015
1126.9
140
-5.4059%
5/31/2015
1191.3
162.4
4.6193%
4/30/2015
1138.7
165.1
-22.5269%
3/31/2015
1469.8
163.55
0.2421%
2/28/2015
1466.25
169.25
0.5107%
1/31/2015
1458.8
171.75
-2.1071%
12/31/2014
1490.2
158.7
2.1525%
11/30/2014
1458.8
157.3
9.8908%
10/31/2014
1327.5
164.65
-3.6228%
9/30/2014
1377.4
136.1
20.8193%
8/31/2014
1140.05
134.05
-6.1726%
7/31/2014
1215.05
140
-3.0983%
6/30/2014
1253.9
159.85
20.2782%
5/31/2014
1042.5
157.1
5.7624%
4/30/2014
985.7
104.3
-4.1381%
3/31/2014
1028.25
94
3.0930%
2/28/2014
997.4
83.35
-8.1330%
1/31/2014
1085.7
94.9
-14.1536%
12/31/2013
1264.7
119.95
21.2618%
11/30/2013
1042.95
124.9
12.7818%
10/31/2013
924.75
84.2
-0.4360%
9/30/2013
928.8
70.55
-1.7143%
8/31/2013
945
75.05
-6.1429%
7/31/2013
1006.85
74.35
1.3182%
6/30/2013
993.75
108.85
-7.6784%
5/31/2013
1076.4
126.7
0.1489%
4/30/2013
1074.8
141.4
7.7818%
3/31/2013
997.2
138.15
-10.2551%
2/28/2013
1111.15
163.55
-3.1678%
1/31/2013
1147.5
168.3
-12.2639%
12/31/2012
1307.9
193.5
7.3237%
11/30/2012
1218.65
160.6
9.4776%
10/31/2012
1113.15
153.7
Mean (36 months)
Variance(36 months)
Std Dev(36 months)
Covariance(36 months)
Correlation(36 months)

1.0702%
0.0088796648
0.0942319735
0.0054803811
0.3575531989

Porfolio
Return for
torrent
pharma(r2)
9.0654%
15.2701%
5.7114%
4.4286%
-13.7931%
-1.6354%
0.9477%
-3.3678%
-1.4556%
8.2231%
0.8900%
-4.4640%
20.9772%
1.5293%
-4.2500%
-12.4179%
1.7505%
50.6232%
10.9574%
12.7774%
-12.1707%
-20.8837%
-3.9632%
48.3373%
19.3480%
-5.9960%
0.9415%
-31.6950%
-14.0884%
-10.3960%
2.3525%
-15.5304%
-2.8223%
-13.0233%
20.4857%
4.4893%

Trent
weight(w1)

Torrent
weight(w2)

0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
65%
70%
75%
80%
85%
90%
95%
100%

Mean

100.00%
95.00%
90.00%
85.00%
80.00%
75.00%
70.00%
65.00%
60.00%
55.00%
50.00%
45.00%
40.00%
35.00%
30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%

1.86535%
1.82559%
1.78584%
1.74608%
1.70632%
1.66656%
1.62680%
1.58704%
1.54728%
1.50752%
1.46776%
1.42800%
1.38824%
1.34848%
1.30872%
1.26897%
1.22921%
1.18945%
1.14969%
1.10993%
1.07017%

Effi cient Fro

Column

2.00000%
1.80000%
1.60000%
1.40000%
Expected
Return in %
1.20000%
1.00000%
0.80000%
0.60000%
0.40000%
0.20000%

1.8654%
0.0264571832
0.1626566419

0.00000%
8.000%

9.000%

10.000%

11.000%

12.000%

rISK (sTANDAR

Porfolio

Variance

StdDev
0.0264571832
0.0244204432
0.0225055836
0.0207126045
0.0190415058
0.0174922875
0.0160649496
0.0147594922
0.0135759152
0.0125142187
0.0115744025
0.0107564668
0.0100604115
0.0094862367
0.0090339423
0.0087035283
0.0084949948
0.0084083416
0.0084435689
0.0086006767
0.0088796648

16.266%
15.627%
15.002%
14.392%
13.799%
13.226%
12.675%
12.149%
11.652%
11.187%
10.758%
10.371%
10.030%
9.740%
9.505%
9.329%
9.217%
9.170%
9.189%
9.274%
9.423%

Effi cient Frontier

Column I

11.000%

12.000%

13.000%

14.000%

rISK (sTANDARD DEVIATION)

15.000%

16.000%

17.000%

Trent Industries
Returns for trent
NSE
Returns for NSE
Date
Last Price
Date
Last Price
10/31/2015
1395.05
7.0316% 10/31/2015
8065.8
1.4706%
9/30/2015
1303.4
5.4232%
9/30/2015
7948.9
-0.2810%
8/31/2015
1236.35
1.0049%
8/31/2015
7971.3
-6.5810%
7/31/2015
1224.05
8.6210%
7/31/2015
8532.85
1.9639%
6/30/2015
1126.9
-5.4059%
6/30/2015
8368.5
-0.7725%
5/31/2015
1191.3
4.6193%
5/31/2015
8433.65
3.0820%
4/30/2015
1138.7
-22.5269%
4/30/2015
8181.5
-3.6450%
3/31/2015
1469.8
0.2421%
3/31/2015
8491
-4.6153%
2/28/2015
1466.25
0.5107%
2/28/2015
8901.85
1.0552%
1/31/2015
1458.8
-2.1071%
1/31/2015
8808.9
6.3530%
12/31/2014
1490.2
2.1525% 12/31/2014
8282.7
-3.5578%
11/30/2014
1458.8
9.8908% 11/30/2014
8588.25
3.1969%
10/31/2014
1327.5
-3.6228% 10/31/2014
8322.2
4.4872%
9/30/2014
1377.4
20.8193%
9/30/2014
7964.8
0.1314%
8/31/2014
1140.05
-6.1726%
8/31/2014
7954.35
3.0183%
7/31/2014
1215.05
-3.0983%
7/31/2014
7721.3
1.4446%
6/30/2014
1253.9
20.2782%
6/30/2014
7611.35
5.2753%
5/31/2014
1042.5
5.7624%
5/31/2014
7229.95
7.9677%
4/30/2014
985.7
-4.1381%
4/30/2014
6696.4
-0.1163%
3/31/2014
1028.25
3.0930%
3/31/2014
6704.2
6.8066%
2/28/2014
997.4
-8.1330%
2/28/2014
6276.95
3.0782%
1/31/2014
1085.7
-14.1536%
1/31/2014
6089.5
-3.4026%
12/31/2013
1264.7
21.2618% 12/31/2013
6304
2.0709%
11/30/2013
1042.95
12.7818% 11/30/2013
6176.1
-1.9534%
10/31/2013
924.75
-0.4360% 10/31/2013
6299.15
9.8312%
9/30/2013
928.8
-1.7143%
9/30/2013
5735.3
4.8156%
8/31/2013
945
-6.1429%
8/31/2013
5471.8
-4.7057%
7/31/2013
1006.85
1.3182%
7/31/2013
5742
-1.7151%
6/30/2013
993.75
-7.6784%
6/30/2013
5842.2
-2.4015%
5/31/2013
1076.4
0.1489%
5/31/2013
5985.95
0.9401%
4/30/2013
1074.8
7.7818%
4/30/2013
5930.2
4.3581%
3/31/2013
997.2
-10.2551%
3/31/2013
5682.55
-0.1844%
2/28/2013
1111.15
-3.1678%
2/28/2013
5693.05
-5.6622%
1/31/2013
1147.5
-12.2639%
1/31/2013
6034.75
2.1956%
12/31/2012
1307.9
7.3237% 12/31/2012
5905.1
0.4294%
11/30/2012
1218.65
9.4776% 11/30/2012
5879.85
4.6293%
10/31/2012
1113.15
10/31/2012
5619.7

Variance CovariancBeta calculation

0.00151

0.00104

0.6889547537 Using Covariance and var

0.6889547537 Using Slope function
0.688954754 Regression tool

Answer : Levered Bet

industries computed
methods all give sam

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

0.2840653073
0.0806930988
0.0536546606
0.0929694664
36

ANOVA
df
Regression
Residual
Total

Intercept
X Variable 1

SS
1 0.025795
34 0.293873
35 0.319668

Coefficients
Standard Error
0.003236661 0.016086
0.688954754 0.398807

Answer : Levered Beta for Trent

industries computed using 3
methods all give same result

MS
0.025795
0.008643

F
Significance F
2.984384602 0.093146

t Stat
P-value
Lower 95%Upper 95%
Lower 95.0%
Upper 95.0%
0.201208 0.8417351433 -0.029454 0.035928 -0.029454 0.035928
1.727537 0.0931463097 -0.12152 1.499429 -0.12152 1.499429

Torrent Pharma
Returns for torrent
NSE
Date
Last Price
Date
Last Price
10/31/2015
194.3
9.0654% 10/31/2015
8065.8
9/30/2015
178.15
15.2701%
9/30/2015
7948.9
8/31/2015
154.55
5.7114%
8/31/2015
7971.3
7/31/2015
146.2
4.4286%
7/31/2015 8532.85
6/30/2015
140
-13.7931%
6/30/2015
8368.5
5/31/2015
162.4
-1.6354%
5/31/2015 8433.65
4/30/2015
165.1
0.9477%
4/30/2015
8181.5
3/31/2015
163.55
-3.3678%
3/31/2015
8491
2/28/2015
169.25
-1.4556%
2/28/2015 8901.85
1/31/2015
171.75
8.2231%
1/31/2015
8808.9
12/31/2014
158.7
0.8900% 12/31/2014
8282.7
11/30/2014
157.3
-4.4640% 11/30/2014 8588.25
10/31/2014
164.65
20.9772% 10/31/2014
8322.2
9/30/2014
136.1
1.5293%
9/30/2014
7964.8
8/31/2014
134.05
-4.2500%
8/31/2014 7954.35
7/31/2014
140
-12.4179%
7/31/2014
7721.3
6/30/2014
159.85
1.7505%
6/30/2014 7611.35
5/31/2014
157.1
50.6232%
5/31/2014 7229.95
4/30/2014
104.3
10.9574%
4/30/2014
6696.4
3/31/2014
94
12.7774%
3/31/2014
6704.2
2/28/2014
83.35
-12.1707%
2/28/2014 6276.95
1/31/2014
94.9
-20.8837%
1/31/2014
6089.5
12/31/2013
119.95
-3.9632% 12/31/2013
6304
11/30/2013
124.9
48.3373% 11/30/2013
6176.1
10/31/2013
84.2
19.3480% 10/31/2013 6299.15
9/30/2013
70.55
-5.9960%
9/30/2013
5735.3
8/31/2013
75.05
0.9415%
8/31/2013
5471.8
7/31/2013
74.35
-31.6950%
7/31/2013
5742
6/30/2013
108.85
-14.0884%
6/30/2013
5842.2
5/31/2013
126.7
-10.3960%
5/31/2013 5985.95
4/30/2013
141.4
2.3525%
4/30/2013
5930.2
3/31/2013
138.15
-15.5304%
3/31/2013 5682.55
2/28/2013
163.55
-2.8223%
2/28/2013 5693.05
1/31/2013
168.3
-13.0233%
1/31/2013 6034.75
12/31/2012
193.5
20.4857% 12/31/2012
5905.1
11/30/2012
160.6
4.4893% 11/30/2012 5879.85
10/31/2012
153.7
10/31/2012
5619.7

Returns for NSE

1.4706%
-0.2810%
-6.5810%
1.9639%
-0.7725%
3.0820%
-3.6450%
-4.6153%
1.0552%
6.3530%
-3.5578%
3.1969%
4.4872%
0.1314%
3.0183%
1.4446%
5.2753%
7.9677%
-0.1163%
6.8066%
3.0782%
-3.4026%
2.0709%
-1.9534%
9.8312%
4.8156%
-4.7057%
-1.7151%
-2.4015%
0.9401%
4.3581%
-0.1844%
-5.6622%
2.1956%
0.4294%
4.6293%

Variance CovariancBeta
0.00151 0.001991

1.3186004787
1.3186004787
1.318600479
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Squar
Standard Error
Observations
ANOVA
Regression
Residual
Total

Intercept
X Variable 1

Using Covariance and var

Using Slope function
Regression tool

Answer : Levered Beta for Torrent

Pharma computed using 3 methods
all give same result

ARY OUTPUT
Regression Statistics
0.3149685633
0.0992051959
0.0727112311
0.1588534056
36

df

Coefficients

SS
MS
F
1 0.094489 0.094489 3.7444450664
34 0.85797 0.025234
35 0.952459
Standard Error t Stat
P-value
0.0043661083 0.027486 0.158849 0.8747273637
1.318600479 0.681427 1.935057 0.0613373356

Significance F
0.061337

Lower 95%Upper 95%

Lower 95.0%
Upper 95.0%
-0.051492 0.060224 -0.051492 0.060224
-0.066226 2.703427 -0.066226 2.703427

Unlevered Beta =

Where:
BL is the firm's beta with leverage.
Tcis thecorporate taxrate.
D/E is the company'sdebt/equity ratio.
Trent Industries
BL (Trent Industries from Sheet)
Borrowings
Total Capital
Total Reserves and funds

0.688954754
2250

D/E ratio
Tax rate

332.3
13386.9
13719.2
0.164003732
0.30

Unlevered Beta

0.618006045

Equity

Assuming Tax rate = 30%

Torrent Pharma
BL (Torrent Pharma from Sheet)

1.318600479

D/E ratio
Tax rate

25328.5
846.2
26209.7
27055.9
0.9361544062
0.30

Unlevered Beta

0.7965891614

Borrowings
Total Capital
Total Reserves and funds

Equity