Inputs for CAPM Grow

Cost of Equity 7.115468 % 0.00

2017 2018 2019 2020
Risk Free Rate 7.059 %
-0.20
+ Equity Risk Premium 5.648 %
-0.40
Beta 1.031
x Country Premium 5.477 % -0.60
Expected Market Return 12.536 % -0.80
- Risk Free Rate 7.059 % -1.00

-1.20
Market Capitalization 249954.2
G

Inputs for DDM

Year 2006 2007 2008 2009 2010 2011
Period 0 1 2 3 4 5
Dividends () 15 20 20 23 30.5 28

Perpetuity Calculation
Value of Ke from CAPM 7.11%
Growth (Trend) -1%
P0 as per DDM 246.41
 Growth Rate
0.00
2017 2018 2019 2020 2021 2022 2023 2024 2025
-0.20

-0.40

-0.60

-0.80

-1.00

-1.20
Growth Rate

Predicted dividend (Trend)

2012 2013 2014 2015 2016 2017 2018 2019 2020
6 7 8 9 10 11 12 13 14
30 30 34 17 17 25.2 23.98 21.92533 19.5834666667

Stock Price Calculation Using Multi-stage DDM

Years 2018 2019 2020 2021 2022 2023
2024
Dividends 23.98 21.93 19.58 18.38 16.75 15.64
14.98
Growth Rate -0.09 -0.11 -0.06 -0.09 -0.07 -0.04
-1.00
Perpetuity 184.6955
Cash Flows 23.98 21.93 19.58 18.38 16.75 15.64 14.98
Present Value 22.3882 20.46992 18.28351 17.15666 15.63612 14.60426 13.9845
Stock Price 122.523174257
ed dividend (Trend)
2021 2022 2023 2024 2025
15 16 17 18 19
18.3765 16.74784 15.64263 14.9788 16.07327
 Inputs for Portfolio variance Solution
Security ACC In Stock
Start Date 12/31/2011 Mean 0.005
End Date 11/30/2017 Variance 0.006
Period M Standard dev 0.077
Currency INR

Inputs and calculations

Stock details
Last Price Volume Return Deviation Sq. dev
Date PX_LAST PX_VOLUME
11/30/2017 1667.9 7307297 -0.078253661 -0.084 0.01
10/31/2017 1809.5 8760909 0.0920997043 0.087 0.01
9/29/2017 1656.9 11264297 -0.079627829 -0.085 0.01
8/31/2017 1800.25 8973508 0.0386856681 0.033 0.00
7/31/2017 1733.2 12182227 0.1053218966 0.100 0.01
6/30/2017 1568.05 7146555 -0.042148988 -0.048 0.00
5/31/2017 1637.05 9528855 0.006455381 0.001 0.00
4/28/2017 1626.55 9030297 0.1248227931 0.119 0.01
3/31/2017 1446.05 7553971 0.0244775062 0.019 0.00
2/28/2017 1411.5 7376425 -0.001414927 -0.007 0.00
1/31/2017 1413.5 7165289 0.0619435784 0.056 0.00
12/30/2016 1331.05 4890828 -0.008455006 -0.014 0.00
11/30/2016 1342.4 16405346 -0.115532861 -0.121 0.01
10/30/2016 1517.75 6569331 -0.051317311 -0.057 0.00
9/30/2016 1599.85 5985654 -0.064305767 -0.070 0.00
8/31/2016 1709.8 6548528 0.0124948185 0.007 0.00
7/29/2016 1688.7 6930806 0.0449552922 0.039 0.00
6/30/2016 1616.05 8376257 0.056898074 0.051 0.00
5/31/2016 1529.05 5992378 0.0595225722 0.054 0.00
4/29/2016 1443.15 5596421 0.0443230335 0.039 0.00
3/31/2016 1381.9 7098632 0.1574671245 0.152 0.02
2/29/2016 1193.9 4316199 -0.037216241 -0.043 0.00
1/29/2016 1240.05 3618786 -0.088634109 -0.094 0.01
12/31/2015 1360.65 3904882 0.0122001116 0.007 0.00
11/30/2015 1344.25 4101170 -0.025623369 -0.031 0.00
10/30/2015 1379.6 4976510 0.0243920549 0.019 0.00
9/30/2015 1346.75 4993712 0.0089148593 0.003 0.00
8/31/2015 1334.85 7588974 -0.037876604 -0.043 0.00
7/31/2015 1387.4 7837422 -0.039562494 -0.045 0.00
6/30/2015 1444.55 6630017 -0.04486247 -0.050 0.00
 5/29/2015 1512.4 6722352 0.0548929344 0.049 0.00
4/30/2015 1433.7 7268819 -0.082578787 -0.088 0.01
3/31/2015 1562.75 7589006 -0.068738454 -0.074 0.01
2/28/2015 1678.1 11699133 0.0753949181 0.070 0.00
1/30/2015 1560.45 8302281 0.1144877335 0.109 0.01
12/31/2014 1400.15 9253994 -0.050970956 -0.056 0.00
11/28/2014 1475.35 5404974 -0.015941304 -0.021 0.00
10/31/2014 1499.25 5562202 0.0712371834 0.066 0.00
9/30/2014 1399.55 8209321 -0.06230947 -0.068 0.00
8/28/2014 1492.55 7281826 0.0692384841 0.064 0.00
7/31/2014 1395.9 6050655 -0.04992343 -0.055 0.00
6/30/2014 1469.25 7701647 0.0989154824 0.093 0.01
5/30/2014 1337 9946573 0.034029389 0.029 0.00
4/30/2014 1293 7170632 -0.076131614 -0.082 0.01
3/31/2014 1399.55 7044444 0.2666757173 0.261 0.07
2/28/2014 1104.9 5196755 0.0930405105 0.088 0.01
1/31/2014 1010.85 5845299 -0.088297632 -0.094 0.01
12/31/2013 1108.75 4883019 0.0110797009 0.006 0.00
11/29/2013 1096.6 7032139 -0.033704895 -0.039 0.00
10/31/2013 1134.85 7945468 0.0205944512 0.015 0.00
9/30/2013 1111.95 8234809 0.1533554611 0.148 0.02
8/30/2013 964.1 9057298 -0.178475566 -0.184 0.03
7/31/2013 1173.55 6849018 -0.040158672 -0.046 0.00
6/28/2013 1222.65 5604266 0.0032 -0.002 0.00
5/31/2013 1218.75 5718973 -0.011797616 -0.017 0.00
4/30/2013 1233.3 5267222 0.0639233954 0.058 0.00
3/28/2013 1159.2 7844978 -0.089073121 -0.095 0.01
2/28/2013 1272.55 10241434 -0.038205729 -0.044 0.00
1/31/2013 1323.1 7510276 -0.076176512 -0.082 0.01
12/31/2012 1432.2 5347998 0 -0.005 0.00
 Solutions
Market Stock and market
Mean 0.010 Correlation 0.728
Variance 0.002 Covariance 0.00222
Standard dev 0.039 beta 1.479

culations
Market details
RM Return Deviation Sq. dev

10226.55 -0.0105 -0.020 0.0004

10335.3 0.0559 0.046 0.0021
9788.6 -0.013 -0.023 0.0005
9917.9 -0.0158 -0.026 0.0007
10077.1 0.0584 0.048 0.0024
9520.9 -0.0104 -0.020 0.0004
9621.25 0.0341 0.024 0.0006
9304.05 0.0142 0.004 0.0000
9173.75 0.0331 0.023 0.0005
8879.6 0.0372 0.027 0.0007
8561.3 0.0459 0.036 0.0013
8185.8 -0.0047 -0.015 0.0002
8224.5 -0.0465 -0.056 0.0032
8625.7 0.0017 -0.008 0.0001
8611.15 -0.0199 -0.030 0.0009
8786.2 0.0171 0.007 0.0001
8638.5 0.0423 0.032 0.0010
8287.75 0.0156 0.006 0.0000
8160.1 0.0395 0.030 0.0009
7849.8 0.0144 0.004 0.0000
7738.4 0.1075 0.098 0.0095
6987.05 -0.0762 -0.086 0.0074
7563.55 -0.0482 -0.058 0.0034
7946.35 0.0014 -0.009 0.0001
7935.25 -0.0162 -0.026 0.0007
8065.8 0.0147 0.005 0.0000
7948.9 -0.0028 -0.013 0.0002
7971.3 -0.0658 -0.076 0.0057
8532.85 0.0196 0.010 0.0001
8368.5 -0.0077 -0.018 0.0003
8433.65 0.0308 0.021 0.0004
8181.5 -0.0365 -0.046 0.0022
8491 -0.0462 -0.056 0.0031
8901.85 0.0106 0.001 0.0000
8808.9 0.0635 0.054 0.0029
8282.7 -0.0356 -0.046 0.0021
8588.25 0.032 0.022 0.0005
8322.2 0.0449 0.035 0.0012
7964.8 0.0013 -0.009 0.0001
7954.35 0.0302 0.020 0.0004
7721.3 0.0144 0.005 0.0000
7611.35 0.0528 0.043 0.0018
7229.95 0.0797 0.070 0.0049
6696.4 -0.0012 -0.011 0.0001
6704.2 0.0681 0.058 0.0034
6276.95 0.0308 0.021 0.0004
6089.5 -0.034 -0.044 0.0019
6304 0.0207 0.011 0.0001
6176.1 -0.0195 -0.029 0.0009
6299.15 0.0983 0.088 0.0078
5735.3 0.0482 0.038 0.0015
5471.8 -0.0471 -0.057 0.0032
5742 -0.0172 -0.027 0.0007
5842.2 -0.024 -0.034 0.0012
5985.95 0.0094 -0.001 0.0000
5930.2 0.0436 0.034 0.0011
5682.55 -0.0018 -0.012 0.0001
5693.05 -0.0566 -0.067 0.0044
6034.75 0.022 0.012 0.0001
5905.1 0 -0.010 0.0001