Risk Return Analysis Of Pharmaceuticals Companies During Covid-19

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Open Access

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Year : | Volume : 15 | [if 424 equals=”Regular Issue”]Issue[/if 424][if 424 equals=”Special Issue”]Special Issue[/if 424] [if 424 equals=”Conference”][/if 424] : | Page : –

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    Vaishali.R. Panchal

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  1. Assistant Professor, BBA College Mandvi Vajir ,dist-surat, Gujarat, India
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Abstract

nAn unknown disease (COVID-19) is spreading globally, impacting people and economies very negatively. The virus, which was first discovered in a small part of China in December 2019, has since grown fast across more than 175 countries. The virus is very contagious, thus in order to stop it, certain measures have been put in place, such as a national shutdown, air traffic control, and the wearing of masks, avoidance of crowded locations, class contact conversations, and frequent hand sanitization. The virus also affected the India as a whole and also whole Indian economy. The main objective of this research paper was to study risk and return of pharmaceutical companies during covid -19 . The paper covers the statistical analysis of returns given by pharma companies during covid -19 and relationship has been found out between nifty and selected pharma companies and nifty and pharma index empirical analysis has been done using mark owitzs model by calculating risk, return , beta and correlation.it has been found that the co-relation of all selected companies are positive so it indicates that there is a positive relationship between Nifty and Pharmaceutical companies. Out of five companies Auro Pharma has more co-relation with Nifty Index. Based on the data collected during COVID-19, it is clear that the pharmaceutical industry and the Indian stock market have a close and mutually beneficial relationship. Further evidence of a co-movement relationship is provided by this result, which shows that the two variables move in tandem. During COVID-19, the pharmaceutical industry will feel the effects of stock market corrections just as sharply.

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Keywords: Nifty, Nifty pharma, COVID-19, Indian Economy, Pharmaceutical companies

n[if 424 equals=”Regular Issue”][This article belongs to Research & Reviews: A Journal of Pharmaceutical Science(rrjops)]

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[/if 424][if 424 equals=”Special Issue”][This article belongs to Special Issue under section in Research & Reviews: A Journal of Pharmaceutical Science(rrjops)][/if 424][if 424 equals=”Conference”]This article belongs to Conference [/if 424]

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How to cite this article: Vaishali.R. Panchal Risk Return Analysis Of Pharmaceuticals Companies During Covid-19 rrjops ; :-

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How to cite this URL: Vaishali.R. Panchal Risk Return Analysis Of Pharmaceuticals Companies During Covid-19 rrjops {cited };:-. Available from: https://journals.stmjournals.com/rrjops/article=/view=0

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References

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  1. “INTERNATIONAL JOURNAL OF RESEARCH IN PHARMACEUTICAL SCIENCES: Effect on leading pharmaceutical stocks listed with NSE” (Aravind, M. and Manoj krishna, C. G., 2020, pp. 31-36).GUMBER, A. and BULSARI, S. (2020) COVID-19 Impact on Indian Economy and Health: The Emergence of Corona Economics.
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  7. Rewari B B, Mangadan-Konath N & Sharma M. 2020. Impact of COVID-19 on the global supply chain of antiretroviral drugs: a rapid survey of Indian manufacturers. WHO South-East Asia Journal of Public health. 9(2): 126-133.
  8. Susarla N & Karimi I A. 2018. Integrated production planning and inventory management in multinational pharmaceutical supply chain. In: Computer Aided Chemical Engineering, Vol.41, pp. 551-567, Elsevier.
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   13.https://www.nseindia.com

14.https://www.bseindia.com

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Subscription Original Research

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Volume
[if 424 equals=”Regular Issue”]Issue[/if 424][if 424 equals=”Special Issue”]Special Issue[/if 424] [if 424 equals=”Conference”][/if 424]
Received February 1, 2024
Accepted February 14, 2024
Published

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