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8/2/2019 Project Final Copy
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Fundamental & Technical Analysis of Blue Chip Companies Page 1
A
FINAL REPORT
ON
Fundamental & Technical Analysis of Bule Chip Companies
SUBMITTED BY
CHAITALIKAUR J JUBBAL
ROLL NO-45
MBA(finance)
SUBMITTED TO
Miss. Meera B. Hirapurkar(MBA-FINANCE) Lect.
INDIRA INSTITUTE OF MANAGEMENT SCIENCES
AFFILIATED WITH
SWAMI RAMANAND TEERTH MARATHWADA UNIVERSITY, NANDED.
2011-2012
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CERTIFICATEThis is to certify thatChaitalikaur J JubbalStudent of MBA IInd
year have satisfactory completed the project report on topic
Fundamental & Technical Analysis of Blue Chip
Companies
Under the guidance of Prof. Miss. Meera B. Hirapurkar as a partial fulfilment of
MBA from Indira Institute of Management Sciences in academic year 2011-
2012.
Hence certified.
(Signature) (Signature)Project Guide Director
Prof. Miss. Meera B. Hirapurkar Prof. Dr. Losarwar S.G
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ACKNOWLEDGEMENT
I take this opportunity to express my sincere thanks to all the people concerned
directly or indirectly with this Endeavour of my project work.
First and foremost I am highly indebted to my esteemed guide
Miss. Meera B. Hirapurkar for their valuable guidance, inspiring efforts and above all
moral encouragement.
I also like to thank Dr. Losarwar (Director ) for his encouragement & pleasing
nature; directions, concern towards me and their readiness to share their ideas enthused us
and rejuvenated my efforts towards my goal. I also like to thankAmeen Jassani the owner of
A J Securities.
It is a matter of honour to express regards to all the staff members of the Commerce &
Management Science who helped in every possible way for providing me valuable books for
reference.
I also thanks to all friends who have directly or indirectly helped me in preparing this
Project Report.
Chaitalikaur Jubbal
M.B.A. III Sem.
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CONTENTS
Sr.No. Topic Page No.
1 Executive Summery 5
2 Objective of Project 6
3 Research Methodology 10
4 Data Presentation 11-34
5 Data Analysis & Interpretation 35-99
6 Conclusion 102
7 Limitation 103
8 Bibliography 104
9 Questeniore 105
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ECUTIVE SUMMARY
EQUITY ANALYSIS is the systematic study of the performance of companies in
stock market with help of fundamental analysis and technical analysis. Equity analysisconsists of fundamental analysis & technical analysis. While decision in investment of shares
should be base on actual movement of shares price measured more in money & percentage
term & nothing else.
In equity analysis, calculations are based on FACTS & not on HOPE. The subject of
equity analysis, i.e. the to attempt to determine future share price movement with the help of
RATIO ANALYSIS, STUDY OF GRAPH. Equity analysis does not discuss how to buy &
sell shares, but does discuss the methods, which enables the investor to arriving at buying &
selling decision.
The Technical Approach to investment is essentially a reflection of the idea that
prices moves in a trend that are determined by the changing attitude of investors toward a
variety of economic, monetary, political and psychological forces. The art of technical
analysis, for it is an art, is to identify a trend reversal at a relatively early stage and ride on
that trend until the weight of the evidence shows or proves the trend has reversed.
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OBJECTIVES
1. To understand the financial position of the securities using various analysis tools.
2. To predict the future performance of the securities under study based on the analysis.
3. To understand various financial statements.
4. To understand the trends in the stock markets.
5. To provide comprehensive introduction to the areas of securities
6. To analyze the performance of companys through Balance Sheet & Technical graph
of their shares.
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BOMBAY STOCK EXCHANGE
The Bombay Stock Exchange (BSE) is a stock exchange located on Dalal
Street,Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of
the companies listed on the BSE was US$1 trillion as of December 2011, making it the 6th
largest stock exchange in Asia and the 14th largest in the world. The BSE has the largest
number of listed companies in the world.
As of December 2011, there are over 5,112 listed Indian companies and over 8,196 scrips on
the stock exchange,the Bombay Stock Exchange has a significant trading volume. The BSE
SENSEX, also called "BSE 30", is a widely used market index in India and Asia. Though
many other exchanges exist, BSE and the National Stock Exchange of India account for the
majority of the equity trading in India. While both have similar total market capitalization
(about USD 1.6 trillion), share volume in NSE is typically two times that of BSE.
History
The Phiroze Jeejeebhoy Towers house the Bombay Stock Exchange since 1980.
The Bombay Stock Exchange is the oldest exchange in Asia. It traces its
history to the 1850s, when four Gujarati and one Parsi stockbroker would gather
under banyan trees in front of Mumbai's Town Hall. The location of these meetings
changed many times, as the number of brokers constantly increased. The group
eventually moved to Dalal Street in 1874 and in 1875 became an official organization
known as 'The Native Share & Stock Brokers Association'. In 1956, the BSE became
the first stock exchange to be recognized by the Indian Government under the
Securities Contracts Regulation Act. The Bombay Stock Exchange developed
the BSE SENSEX in 1986, giving the BSE a means to measure overall performance
of the exchange. In 2000 the BSE used this index to open its derivatives market,
trading SENSEX futures contracts.
http://en.wikipedia.org/wiki/Stock_exchangehttp://en.wikipedia.org/wiki/Dalal_Streethttp://en.wikipedia.org/wiki/Dalal_Streethttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Asiahttp://en.wikipedia.org/wiki/Market_capitalizationhttp://en.wikipedia.org/wiki/1000000000000_(number)http://en.wikipedia.org/wiki/List_of_stock_exchangeshttp://en.wikipedia.org/wiki/Scripshttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/Asiahttp://en.wikipedia.org/wiki/National_Stock_Exchange_of_Indiahttp://en.wikipedia.org/wiki/Equity_tradinghttp://en.wikipedia.org/wiki/Phiroze_Jeejeebhoy_Towershttp://en.wikipedia.org/wiki/Indian_Governmenthttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/File:India_economy.jpghttp://en.wikipedia.org/wiki/File:India_economy.jpghttp://en.wikipedia.org/wiki/File:India_economy.jpghttp://en.wikipedia.org/wiki/File:India_economy.jpghttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/Indian_Governmenthttp://en.wikipedia.org/wiki/Phiroze_Jeejeebhoy_Towershttp://en.wikipedia.org/wiki/Equity_tradinghttp://en.wikipedia.org/wiki/National_Stock_Exchange_of_Indiahttp://en.wikipedia.org/wiki/Asiahttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/Scripshttp://en.wikipedia.org/wiki/List_of_stock_exchangeshttp://en.wikipedia.org/wiki/1000000000000_(number)http://en.wikipedia.org/wiki/Market_capitalizationhttp://en.wikipedia.org/wiki/Asiahttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Dalal_Streethttp://en.wikipedia.org/wiki/Dalal_Streethttp://en.wikipedia.org/wiki/Stock_exchange8/2/2019 Project Final Copy
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The development of SENSEX options along with equity derivatives followed
in 2001 and 2002, expanding the BSE's trading platform. Historically an open outcry
floor trading exchange, the Bombay Stock Exchange switched to an electronic trading
system in 1995. It took the exchange only fifty days to make this transition. This
automated, screen-based trading platform called BSE On-line trading (BOLT)currently has a capacity of 8 million orders per day.
Type Stock Exchange
Location Mumbai, India
Coordinates 18.929681N 72.833589E
Founded 1875
Owner Bombay Stock Exchange Limited
Key people Madhu Kannan (CEO&MD)
Currency Indian rupee( )
No. of listings 5,112
MarketCap US$1 trillion (Dec 2011)[1]
Volume US$231 billion (Nov 2010)
Indexes BSE SENSEX
BSE Small Cap
BSE Mid-CapBSE 500
Website www.bseindia.com
http://en.wikipedia.org/wiki/Stock_Exchangehttp://en.wikipedia.org/wiki/Stock_Exchangehttp://toolserver.org/~geohack/geohack.php?pagename=Bombay_Stock_Exchange¶ms=18.929681_N_72.833589_E_region:IN-MH_type:landmarkhttp://en.wikipedia.org/wiki/Chief_Executive_Officerhttp://en.wikipedia.org/wiki/Chief_Executive_Officerhttp://en.wikipedia.org/wiki/Chief_Executive_Officerhttp://en.wikipedia.org/wiki/Managing_Directorhttp://en.wikipedia.org/wiki/Managing_Directorhttp://en.wikipedia.org/wiki/Managing_Directorhttp://en.wikipedia.org/wiki/Indian_rupeehttp://en.wikipedia.org/wiki/Indian_rupeehttp://en.wikipedia.org/wiki/Market_capitalizationhttp://en.wikipedia.org/wiki/Market_capitalizationhttp://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Bombay_Stock_Exchange#cite_note-world-exchanges1-0http://en.wikipedia.org/wiki/Bombay_Stock_Exchange#cite_note-world-exchanges1-0http://en.wikipedia.org/wiki/Bombay_Stock_Exchange#cite_note-world-exchanges1-0http://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://www.bseindia.com/http://www.bseindia.com/http://www.bseindia.com/http://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Bombay_Stock_Exchange#cite_note-world-exchanges1-0http://en.wikipedia.org/wiki/United_States_dollarhttp://en.wikipedia.org/wiki/Market_capitalizationhttp://en.wikipedia.org/wiki/Indian_rupeehttp://en.wikipedia.org/wiki/Managing_Directorhttp://en.wikipedia.org/wiki/Chief_Executive_Officerhttp://toolserver.org/~geohack/geohack.php?pagename=Bombay_Stock_Exchange¶ms=18.929681_N_72.833589_E_region:IN-MH_type:landmarkhttp://en.wikipedia.org/wiki/Stock_Exchange8/2/2019 Project Final Copy
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SENSEX
The launch of SENSEX in 1986 was later followed up in January 1989 by
introduction of BSE National Index (Base: 1983-84 = 100). It comprised 100 stocks listed atfive major stock exchanges in India - Mumbai, Calcutta, Delhi,Ahmedabad and Madras. The
BSE National Index was renamed BSE-100 Index from October 14, 1996 and since then, it is
being calculated taking into consideration only the prices of stocks listed at BSE. BSE
launched the dollar-linked version of BSE-100 index on May 22, 2006. BSE launched two
new index series on 27 May 1994: The 'BSE-200' and the 'DOLLEX-200'. BSE-500 Index
and 5 sectoral indices were launched in 1999. In 2001, BSE launched BSE-PSU Index,
DOLLEX-30 and the country's first free-float based index - the BSE TECk Index. Over the
years, BSE shifted all its indices to the free-float methodology (except BSE-PSU index). BSE
disseminates information on the Price-Earnings Ratio, the Price to Book Value Ratio and the
Dividend Yield Percentage on day-to-day basis of all its major indices. The values of all BSE
indices are updated on real time basis during market hours and displayed through the BOLT
system, BSE website and news wire agencies. All BSE Indices are reviewed periodically by
the BSE Index Committee. This Committee which comprises eminent independent finance
professionals frames the broad policy guidelines for the development and maintenance of all
BSE indices. The BSE Index Cell carries out the day-to-day maintenance of all indices and
conducts research on development of new indices. SENSEX is significantly correlated with
the stock indices of other emerging markets
http://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Calcuttahttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Ahmedabadhttp://en.wikipedia.org/wiki/Madrashttp://en.wikipedia.org/wiki/Madrashttp://en.wikipedia.org/wiki/Ahmedabadhttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Calcuttahttp://en.wikipedia.org/wiki/Mumbai8/2/2019 Project Final Copy
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RESEARCH METHODLOGY
During my project, I collected data through various sources primary & secondary sources.
Primary Source Includes :-
Discussion with branch manager
Discussion with experience traders
Questionnaires for investors
Live deling as a deler in the market
Live treading in equity market
Secondary Source Includes :-
Various books related to stock market
Books related to Financial Management
Web sites were used as the vital information source.
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FUNDAMENTAL ANALYSIS
The investor, while buying stock, has the primary purpose of gain. If he invests
for a short period of time, it is speculative but when he holds if for a fairly long period of
time, the anticipation is that he would receive some return on his investment. The
fundamental analysis is a method of finding out the future price of a stock, which an
investor wishes to buy. The method for forecasting the future behavior of investment
and the rate of return on them is clearly through an analysis of the broad economic
forces, industry analysis, the company analysis and ration analysis.
A. Influence Of The Economy On The Company.
01. Economic Growth
02. Populations
03. Monsoons and Agriculture Production
04. Natural resources and availability of raw material
05. Industrial Productions
06. Inflation
07. Interest rate
08.Budget deficits
09.Domestic saving and capital output rate
10. Employments
11. Taxation policies
12. Infrastructure facilities
13. Government policies
14. Political Stability
15.Capital formations16. Saving pattern
17. Economic indicators
18. Foreign direct investments
19. Rupee-Dollar Fluctuation
20. Stock News
TOOLS FOR COMPANY ANALYSIS
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Earning Per Share
The earnings per share measures the per share rupees returns to owners of a company.
The figure is calculated as follows:
(EPS = Totals Earning / No. of shares outstanding)
We sum the prior year earnings and divide the amount by the weighted average of share
outstanding. This assumes the most accurate information if a company distributes new shares
outstanding during the period which could substantially impact (or dilute) shares to current
shareholders with lower per share earnings.
Price Earnings Ratio
The Price-Earnings or P/E ratio is arguably the most commonly quoted Ratio. The
reason for its popularity is that it reduces to an arithmetical figure the relationship between
price and earnings per share and thereby allows one the opportunity to determine whether a
share is overpriced or under priced and by relating price and earning per share of a company,
one can analyze the markets valuation of a companys shares relative to the wealth the
company is actually creating. A P/E ratio is calculated as:
(PER=price per share / earning per share)
The P/E of a stock describes the price of a share relative to earnings of the underlying
assets. The lower the P/E, the less you have to pay for the stock, relative to what you can
expect to earn from it. The higher the P/E the more over-valued the stock is.
Book Value
B.V. = Paid up capital + reserve & surplus / outstanding equity shares.
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Price / Book Value
The market to book ratio compares the book value of the assets of a company to its
market value. If a shares market prices is treble or quadruple its book value, it signifies that
investors have tremendous confidence in the growth prospects of the company. It can also
suggest that the assets may be understated. If, on the other hand, the book value is more than
the market value, the company may not be making profits and may not be enjoying investor
confidence. The market to book ratio is calculated by dividing the market price per share by
the book value per share.
(Market price to book value = Market price per share / Book value per share)
Debt-Equity
This ratio indicates the ratio of debt on a firms balance sheet to the amount of funds
provided by owners .We can measures performance by using debt divided by debt + equity.
The basic formula is calculated as follows:
(Debt to Equity = Debt + Equity)
The more capital intensive the firm, the higher the debt to equity ratio. It measures the
percentage of debt tied up in the owners equity.
Current Ratio
The current ratio is the most commonly used ratio to measure liquidity. Its purpose is
to check whether a companys current assets are enough to meet its immediate l iabilities, i.e.
those that mature within one year. The ratio is arrived at by dividing current assets by current
liabilities. Normally, the current ratio is around 1or even a little below 1.This in itself is notbad
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(Current Ratio = Current Assets /Current Liabilities)
TURNOVER RATIO
Fixed Assets Turnover
The fixed assets turnover is a measure of how efficiently a company uses its fixed
assets to generate sales. The higher the fixed ratio the better it is. We calculate the fixed
assets turnover by adding all sales of the company and dividing the amount by net fixed
assets for the latest four quarters of financial performance. The basic formula is as follows:
FAT = (Sales / Net Fixed Assets)
The fixed asset turnover can vary substantially from industry to industry.
Inventory
The inventory turnover ratio measures the number of times during a year that a
company replaces its inventory. The turnover is only meaningful when comparing other firms
in the industry or a companys prior inventory turnover. Differences in turnover rates result
from differing operating characteristics within an industry. We calculate the inventory
turnover rate as follows:
Inventory Turnover = (Cost of Goods sold / Avg Inventory)
The higher the inventory turnover rate means the more efficiently a company is able to
grow sales volumes.
Debtors
Debtors turnover = Net credit sales / Avg sundry debtors
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TECHNICAL ANALYSIS
The methods used to analyze securities and make investment decisions fall into two
very broad categories: Fundamental Analysis and Technical Analysis. Fundamental
analysis involves analyzing the characteristics of a company in order to estimate its value.
Technical analysis takes a completely different approach; it doesnt care one bit about the
value of a company or a commodity. Technicians (some time called chartists) are only
interested in the price movement in the market.
Despite all the fancy and exotic tools it employs, technical analysis really just studies
supply and demand in a market in an attempt to determine what direction, or trend, willcontinue in the future. In other words, technical analysis attempts to understand the emotions
in the market by studying the market it self, as opposed to its components. If you understand
the benefits and limitation of technical analysis it can give you a new set of tools or skills
than will enable you to better trader or investor.
DEFINITION
Technical analysis is a method of evaluating the securities by analyzing the statistics
generated by the market activity, such as past price and volume. In technical analysis,
analysts use charts and other tools to identify patterns that can suggest future activity.
Just as there are many investment styles on fundamental side, there is also much different
type of technical traders. Some rely on chart patterns. In any case, technical analysts
exclusive use of historical price and volume data is what separates them from their
fundamental counterparts. Unlike fundamental analysis technical analysts dont care whethera stock is undervalued the only thing that matter is a securitys past trading data and what
information this data can provide about where the security might move in the future
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Line charts
A style of charts that is created by connecting a series of data points together with a
line. This is the most basic type of charts used in finance and connecting a series of past
prices together with a line generally creates it.
Bar chart
A style of chart used by some technical analysts, on whom as illustrated below, the
top of the vertical line indicates the highest price a security traded at during the day, and the
bottom represents the lowest price. The closing price is displayed on the right side of the bar,
and the opening price is shown on the left side of the bar. A single bar like the one below
represents one day of trading.
These are the most popular type of chart used in technical analysis. The visual representation
of price activity over a given period of time is used to spot trends and patterns.
Candlestick
A price chart that displays the high, low, open and close for a security each day over aspecified period of time.
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There are many trading strategies based upon patterns in candlestick charting.
Technical analysis: the use of trend
One of the most important concepts in technical analysis is that of trend. The meaning
in finance isnt all that different from the general definition of the term- a trend is really
nothing more than the general direction in which a security or market is headed. Take a look
at the chart below:
It isnt hard to see that the trend in figure is up. However, isnt not always this easy to
see a trend.
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There are lots of ups and downs in this chart, but there isnt a clear indication of which
direction this security is headed.
The Importance of Trend
It is important to be able to understand and identify trends so that you can trade with them
rather than trade against them. Two important sayings in technical analysis are the trend is
your friend and dont buck the trend Illustrating how important trend analysis is for
technical trade.
Types of Trend
There are three types of trend:
Up Trends
Downtrends Sideways/ Horizontal Trends
As the names imply, when each successive peak and trough is higher, its referred to as an
upward trend. If the peaks and troughs are getting lower. Its a downtrend. When there is
little movement up or down in the peaks and troughs, its a sideways or horizontal trend. If
you want to get really technical, you might even say that a sideways trend is actually not a
trend on its own, but a lack of a well-defined trend in either direction. In any case, the market
can really only trend in these three ways: up, down or nowhere.
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Notice how each successive peak and trough is lower than the previous one. For
example, the low trend is lower than the low at Point. The downtrend will be deemed broken
once the price closes above the high at high direction trend.
Downtrend is the opposite of uptrend.
Trend lines
A trend line is a simple charting technique that adds a line to a chart to represent the
trend in the market or a stock. Drawing a trend line is as simple as drawing a straight line that
follows a general trend. These lines are used to clearly show the trend and are also used in the
identification of the reversals.
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As you see in above Figure, an upward trend lines is drawn at the lows of an upward
trend. This line represents the support the stock has every time it moves from a high to a low.
Notice how the price is propped up by this support. This type of trend line helps traders to
anticipate the point at which a stocks price will begin moving upwards again. Similarly, a
downward trend line is drawn at the highs of the downward trend. This line represents the
resistance level that a stock faces every time the price moves from a low to a high.
Trend Lengths
Along with this trend direction, there is three-trend classification. A trend of any
direction can be classified as a long-term trend, intermediate trend or a short-term. In terms of
the stock market, a major trend is generally categorized as one lasting longer than a year. An
intermediate trend is considered to last between one and three months and a near-term trend
is anything less than a month. A long-term trend is composed of several intermediate trends,
which obtain move against the direction of the major trend. If the major trend is upward and
there is a downward correction in price movement followed by a continuation of the up trend,
the correction is considered to be an intermediate trend. The short term trends are
components both major and intermediate trends. Take a look a Figure to get a sense of how
these three trends lengths might look.
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When analyzing trends, it is important that the chart is constructed to best reflect the
type of trend being analyzed. To help identify long-term trends, chartists to get a better idea
of the long-term trend use weekly charts or daily charts spanning a five-year period. Daily
data charts are best use when analyzing both intermediate and short-term trends. It is also
important to remember that the longer the trend, the more important it is; for example, a
month trend is not as significant as five-year trend.
Channels
A Channel, or channel lines, is the addition of two parallel trend lines that act as
strong areas of support and resistance. The upper trend line connects a series of highs, while
the lower trend line connects a series of lows. A channel can slope upward, downward or
sideways but regardless of the direction, the interpretation remains the same. Traders will
expect a given security to trade between two levels of support and resistance until it breaks
beyond one of the levels in which case traders can expect a sharp move in Direction of the
break. Along with clearly displaying the trend, channel is mainly used to illustrate important
areas of support and resistance.
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Above graph a descending channel on stock chart; the upper trend line has beenplaced on the highs and lower trend line is on the lows. The price has bounced off of these
line several times, and has remained rang-bound for several months. As long as the price does
not fall below the lower line or move beyond the upper resistance, the range bound
downtrend is expected to continue.
Double Bottom
A charting pattern used in technical analysis. It describes the drop of a stock (or
index), a rebound, another drop to the same (or similar) level as the original drop, and finally
another rebound.
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Double Top
A term used in technical analysis to describe the rise of a stock, a drop, another rise to
the same level as the original rise, and finally another drop.
The double top looks like the letter M. The twice-touched high is considered a
resistance level.
Triple Bottom
A pattern used in technical analysis to predict the reversal of a prolonged downtrend.
The pattern is identified when the price of an asset creates three troughs at nearly the same
price level. The third bounce off the support is an indication that buying interest (demand) is
outweighing selling interest (Supply) and that trend is in the process of reversing.
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Once the first bottom is created, the price reaches a peak and retraces back
toward the prior support. This is when buyer enters again and pushes the price of the
asset higher, creating bottom No.2. The price of the asset then created another peak and
heads lower for its final test of the support. The final bounce of the support level creates
bottom No.3 and traders will get ready to enter a long position once the price breaks
above the previous resistance (Illustrated by the black on the chart). This pattern is
considered to be a very reliable indication that the downtrend has reversed and that the
new trend in the upward direction. Sudden change in the price direction of a stock,
index, commodity or derivative security. Also referred to as a Trend Reversal, Rally
or Correction.
Triple Top
A pattern used in technical analysis to predict the reversal of prolonged up trend. This
pattern is identified when the price of an asset creates three peaks at nearly the same price
level. The bonus off the resistance near the third peak is clear indication that buying interest
is becoming exhausted. The traders to predict the reversal of the up trend use it.
1 3
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The three consecutive tops make this pattern visually similar to the head and
shoulders pattern but, in this case, the middle peak is nearly equal to the other peak rather
than being higher. Many traders will enter into a short position once the price of asset fallsbelow the identified support level. (Shown by the line in the chart above).
Head and Shoulders Pattern
A technical analysis term used to describe a chart formation in which a stocks price:
1 Rises to a peak and subsequently declines.
2. Then, the price rises above the former peak and again declines
3. And finally, rises again, but not to the second peak, and declines once more.The First and Third peaks are shoulders, and second peak forms the head.
The Head -and Shoulders pattern is believed to be one of the most reliable trend
reversal patterns.
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Volume
The number of shares or contracts traded in a security or an entire market during a
given period of time. It is simply the amount of shares that trade hands from sellers to buyers
as a measure of activity. If a buyer of a stock purchases 100 shares from a seller, then the
volume for that period increases by the 100 shares based on that transaction.
Volume is an important indicator in the technical analysis as it is used to measure the worth
of a market move. If the market have made strong price move either up or down the
perceived strength of that move depends on the volume of that period. The higher the volume
during that price move the more significant the move.
Support
The price, which, historically, a stock had difficulty falling below. It is thought of as
the level at which a lot of buyers tend to enter the stock. Often referred to as the Support
Level.
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Resistance
The Price at which a stock or market can trade, but which it cannot exceed, for a certain
period of time. Often referred to as Resistance Level.
Moving Average- MA
An indicator frequently used in technical analysis showing the average value of a securitys
price over a set of period. Moving averages are generally used to measure momentum and
define areas of possible support and resistance.
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BLUE-CHIP COMPANY
A blue-chip stock is stock in a company with a national reputation for quality,
reliability and the ability to operate profitably in good times and bad. The most popular index
which follows US blue chips is the Dow Jones Industrial Average. The Dow Jones Industrial
Average is a price-weighted average of 30 blue-chip stocks that are generally the leaders in
their industry.
The stock of a company that is in excellent financial condition and is a leading player
in its sector is called a blue chip stock. These high-quality stocks are considered a
lower risk investment. Blue chip stocks get their name from poker, in which the
counters that have the highest value are blue in color. The most popular blue chip
stocks are study in the next part of this project
Characteristics
There are no specific criteria for blue chip stocks. The most common characteristics
of such stocks include:
1. Revenues: Companies with revenues higher than that generated by industry peers.
2. Earnings: Companies that have been generating healthy earnings on a consistent
basis.
3. Dividends: Companies that pay regular dividends to common stockholders, even if
their performance has been unsatisfactory in a particular period. Moreover, the
dividend payout is raised at regular intervals.
4. Balance Sheet: The balance sheets are robust and their debt liabilities are not
extensive. 5. Credit Rating: Their credit ratings in the bond and unsecured debt markets are high.
6. Size: The market capitalization of these companies is higher than that of other
companies in the same industry.
7. Product Portfolio: They have extensive and diversified product lines. They also
have a wide global presence.
8. Competition: They are cost efficient, with high distribution control and excellent
franchise value, all of which contribute towards their competitive advantage.
http://en.wikipedia.org/wiki/Corporationhttp://en.wikipedia.org/wiki/Stockhttp://en.wikipedia.org/wiki/Corporationhttp://en.wikipedia.org/wiki/Dow_Jones_Industrial_Averagehttp://en.wikipedia.org/wiki/Dow_Jones_Industrial_Averagehttp://en.wikipedia.org/wiki/Corporationhttp://en.wikipedia.org/wiki/Stockhttp://en.wikipedia.org/wiki/Corporation8/2/2019 Project Final Copy
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LIST OF 30 BLUE CHIP COMPNIES
1Housing Development FinanceCorporation
Finance 500010
2 Cipla Healthcare 500087
3 Bharat Heavy Electricals Capital Goods 500103
4 State Bank Of India Finance 500112
5 HDFC Bank Finance 500180
6 Hero Motocorp Transport Equipments 500182
7 Infosys Information Technology 500209
8 Oil and Natural Gas Corporation Oil & Gas 500312
9 Reliance Industries Oil & Gas 500325
10 Tata Power Power 500400
11 Hindalco Industries
Metal,Metal Products &Mining 500440
12 Tata SteelMetal,Metal Products &Mining
500470
13 Larsen & Toubro Capital Goods 500510
http://en.wikipedia.org/wiki/Housing_Development_Finance_Corporationhttp://en.wikipedia.org/wiki/Housing_Development_Finance_Corporationhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500010http://en.wikipedia.org/wiki/Ciplahttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500087http://en.wikipedia.org/wiki/Bharat_Heavy_Electricalshttp://en.wikipedia.org/wiki/Bharat_Heavy_Electricalshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500103http://en.wikipedia.org/wiki/State_Bank_Of_Indiahttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500112http://en.wikipedia.org/wiki/HDFC_Bankhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500180http://en.wikipedia.org/wiki/Hero_Motocorphttp://en.wikipedia.org/wiki/Hero_Motocorphttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500182http://en.wikipedia.org/wiki/Infosyshttp://en.wikipedia.org/wiki/Infosyshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500209http://en.wikipedia.org/wiki/Oil_and_Natural_Gas_Corporationhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500312http://en.wikipedia.org/wiki/Reliance_Industrieshttp://en.wikipedia.org/wiki/Reliance_Industrieshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500325http://en.wikipedia.org/wiki/Tata_Powerhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500400http://en.wikipedia.org/wiki/Hindalco_Industrieshttp://en.wikipedia.org/wiki/Hindalco_Industrieshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500440http://en.wikipedia.org/wiki/Tata_Steelhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500470http://en.wikipedia.org/wiki/Larsen_%26_Toubrohttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500510http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500510http://en.wikipedia.org/wiki/Larsen_%26_Toubrohttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500470http://en.wikipedia.org/wiki/Tata_Steelhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500440http://en.wikipedia.org/wiki/Hindalco_Industrieshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500400http://en.wikipedia.org/wiki/Tata_Powerhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500325http://en.wikipedia.org/wiki/Reliance_Industrieshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500312http://en.wikipedia.org/wiki/Oil_and_Natural_Gas_Corporationhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500209http://en.wikipedia.org/wiki/Infosyshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500182http://en.wikipedia.org/wiki/Hero_Motocorphttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500180http://en.wikipedia.org/wiki/HDFC_Bankhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500112http://en.wikipedia.org/wiki/State_Bank_Of_Indiahttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500103http://en.wikipedia.org/wiki/Bharat_Heavy_Electricalshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500087http://en.wikipedia.org/wiki/Ciplahttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500010http://en.wikipedia.org/wiki/Housing_Development_Finance_Corporationhttp://en.wikipedia.org/wiki/Housing_Development_Finance_Corporation8/2/2019 Project Final Copy
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14 Mahindra & Mahindra Transport Equipments 500520
15 Tata Motors Transport Equipments 500570
16 Hindustan Unilever FMCG 500696
17 ITC FMCG 500875
18 Sterlite IndustriesMetal,Metal Products &
Mining
500900
19 Wipro Information Technology 507685
20 Sun Pharmaceutical Healthcare 524715
21 GAIL Oil & Gas 532155
22 ICICI Bank Finance 532174
23 Jindal Steel & Power Metal,Metal Products &Mining
532286
24 Bharti Airtel Telecom 532454
25 Maruti Suzuki Transport Equipments 532500
26 Tata Consultancy Services Information Technology 532540
27 NTPC Power 532555
http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500510http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500510http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500510http://en.wikipedia.org/wiki/Mahindra_%26_Mahindrahttp://en.wikipedia.org/wiki/Mahindra_%26_Mahindrahttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500520http://en.wikipedia.org/wiki/Tata_Motorshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500570http://en.wikipedia.org/wiki/Hindustan_Unileverhttp://en.wikipedia.org/wiki/Hindustan_Unileverhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500696http://en.wikipedia.org/wiki/ITC_Limitedhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500875http://en.wikipedia.org/wiki/Sterlite_Industrieshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500900http://en.wikipedia.org/wiki/Wiprohttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=507685http://en.wikipedia.org/wiki/Sun_Pharmaceuticalhttp://en.wikipedia.org/wiki/Sun_Pharmaceuticalhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=524715http://en.wikipedia.org/wiki/GAILhttp://en.wikipedia.org/wiki/GAILhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532155http://en.wikipedia.org/wiki/ICICI_Bankhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532174http://en.wikipedia.org/wiki/Jindal_Steel_%26_Powerhttp://en.wikipedia.org/wiki/Jindal_Steel_%26_Powerhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532286http://en.wikipedia.org/wiki/Bharti_Airtelhttp://en.wikipedia.org/wiki/Bharti_Airtelhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532454http://en.wikipedia.org/wiki/Maruti_Suzukihttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532500http://en.wikipedia.org/wiki/Tata_Consultancy_Serviceshttp://en.wikipedia.org/wiki/Tata_Consultancy_Serviceshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532540http://en.wikipedia.org/wiki/NTPC_Limitedhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532555http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532555http://en.wikipedia.org/wiki/NTPC_Limitedhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532540http://en.wikipedia.org/wiki/Tata_Consultancy_Serviceshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532500http://en.wikipedia.org/wiki/Maruti_Suzukihttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532454http://en.wikipedia.org/wiki/Bharti_Airtelhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532286http://en.wikipedia.org/wiki/Jindal_Steel_%26_Powerhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532174http://en.wikipedia.org/wiki/ICICI_Bankhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532155http://en.wikipedia.org/wiki/GAILhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=524715http://en.wikipedia.org/wiki/Sun_Pharmaceuticalhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=507685http://en.wikipedia.org/wiki/Wiprohttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500900http://en.wikipedia.org/wiki/Sterlite_Industrieshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500875http://en.wikipedia.org/wiki/ITC_Limitedhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500696http://en.wikipedia.org/wiki/Hindustan_Unileverhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500570http://en.wikipedia.org/wiki/Tata_Motorshttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500520http://en.wikipedia.org/wiki/Mahindra_%26_Mahindra8/2/2019 Project Final Copy
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28 DLF Housing Related 532868
29 Bajaj Auto Transport Equipments 532977
30 Coal IndiaMetal,Metal Products &Mining
533278
http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532555http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532555http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532555http://en.wikipedia.org/wiki/DLF_Limitedhttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532868http://en.wikipedia.org/wiki/Bajaj_Autohttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532977http://en.wikipedia.org/wiki/Coal_Indiahttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=533278http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=533278http://en.wikipedia.org/wiki/Coal_Indiahttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532977http://en.wikipedia.org/wiki/Bajaj_Autohttp://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532868http://en.wikipedia.org/wiki/DLF_Limited8/2/2019 Project Final Copy
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INFOSYS
Scrip Code 500209 Group / Index A / SENSEX Face value 5.00 Industry ITConsulting & Software
FUNDAMENTAL ANALYSIS
EARNING PER SHARE
Year Cash EPS (Rs)
Mar ' 11 74.44
Mar ' 10 87.69
Mar ' 09 113.70
Mar ' 08 115.19
Mar ' 07 125.11
BOOK VALUE
YEAR Book value
Mar ' 07 195.41
Mar ' 08 235.84Mar ' 09 310.89
Mar ' 10 384.02
Mar ' 11 426.73
NET OPERATING INCOME PER SHARE (RS)
Year Net operating income per share (Rs)
Mar 07230.20
Mar 08 273.57
Mar 09 353.75
Mar 10 368.40
Mar 11 442.13
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CURRENT RATIO
Year Current Ratio
Mar ' 07 4.96
Mar ' 08 3.30
Mar ' 09 4.71
Mar ' 10 4.28
Mar ' 11 5.11
FIXED ASSET TURNOVER RATIO
Year Fixed Asset Turnover Ratio
Mar 073.38
Mar 08 3.47
Mar 09 3.39
Mar10 3.33
Mar 11 3.67
0
100
200
300
400
500
600
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Cash EPS
Book value
NOI
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DEBT/EQUITY RATIO
Year Debt- Equity Ratio
Mar 07 -
Mar 08 -Mar 09 -
Mar 10 -
Mar 11 -
0
1
2
3
4
5
6
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Current Ratio
Fixed Asset Turnover Ratio
Debt- Equity Ratio
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NET PROFIT MARGIN (%)
YearNet profit margin (%)
Mar 07 28.05
Mar 08 27.37
Mar 09 27.52
Mar 10 26.36
Mar 11 24.31
22
23
24
25
26
27
28
29
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Net profit margin (%)
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TECHNICAL ANANYSIS
OWNERSHIP PATTERN
REVENUE & PROFIT MOVEMENT
COMAPRISION WITH MARKET
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HISTORY
Infosys was founded in 1981 by N. R. Narayana Murthy, Nandan Nilekani, N. S.
Raghavan,S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora. It moved to
Bangalore in 1983 and got its first foreign client, Data Basics Corporation from the US, in
1987. In 1992 it opened its first overseas sales office in Boston, US. This was followed byoffices in Milton Keynes (1996), Toronto (1997), France and Hong Kong (2000), UAE and
Argentina (2001), Netherlands, Singapore and Sweden (2002). Currently it has 64 offices and
68 development centres in India and abroad.
UPCOMING PROJECTS
Infosys executes hundreds of projects each year. Full responsibility for executing a
project rests with the project manager, who must make sure that the project team delivershigh-quality software to the customer on time and within cost. To help the project manager
fulfill this responsibility, support from the organization is necessary.
Infosys bids for 10 govt projects to lower dependence on US.
NOTES
1. It is a leading company in IT sector, it is a MNC company
2. It overall ratios are constantly increasing from 5 years3. It is having nice profit margine
4. Its shares face value is Rs.5 &now its value is 2,831..
5. Its sales revenue & profit is increasing day by day
6. Its market capitalization is also increasing
7. Its compititors are Tata, HCL, Wipro,Satyam etc. they are still lacking
behind as compare to INFOSYS.
8. Its profit margine, NOI, Bookvalue is having downtrend.
9. Its current ratio & fixed assets turnover ratio is having uptrend.
http://en.wikipedia.org/wiki/N._R._Narayana_Murthyhttp://en.wikipedia.org/wiki/Nandan_Nilekanihttp://en.wikipedia.org/wiki/N._S._Raghavanhttp://en.wikipedia.org/wiki/N._S._Raghavanhttp://en.wikipedia.org/wiki/S._Gopalakrishnanhttp://en.wikipedia.org/wiki/S._D._Shibulalhttp://en.wikipedia.org/wiki/K._Dineshhttp://en.wikipedia.org/wiki/K._Dineshhttp://en.wikipedia.org/wiki/S._D._Shibulalhttp://en.wikipedia.org/wiki/S._Gopalakrishnanhttp://en.wikipedia.org/wiki/N._S._Raghavanhttp://en.wikipedia.org/wiki/N._S._Raghavanhttp://en.wikipedia.org/wiki/Nandan_Nilekanihttp://en.wikipedia.org/wiki/N._R._Narayana_Murthy8/2/2019 Project Final Copy
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CIPLA
Group / Index : A / SENSEX Face value : 2.00Scrip Code 500087 Industry : Pharmaceuticals
FUNDAMENTAL ANALYSIS
CASH EPS
Year Cash EPS
Mar 079.92
Mar 08 10.71Mar 09 11.95
Mar 10 15.53
Mar 11 14.81
BOOK VALUE
Year Book value
Mar 07 41.64
Mar 08 48.32
Mar 09 55.97
Mar 10 73.66
Mar 11 82.36
NET OPERATING INCOME
Year NOI
Mar 07 45.83
Mar 08 54.08
Mar 09 67.34
Mar 10 69.82
Mar 11 78.70
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CURRENT RATIO
Year Current ratio
Mar 072.69
Mar 08 2.68
Mar 09 2.82
Mar 10 2.17
Mar 11 2.26
FIXED ASSETS TURNOVER RATIO
YearFixed assets turnover ratio
Mar 07 1.98
Mar 08 1.91
Mar 09 1.94
Mar 10 1.94
Mar 11 1.61
0
10
20
30
40
50
60
70
80
90
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Cash EPS
Book value
NOI
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DEBT/EQUITY RATIO
Year debt/equity
Mar 07 0.03
Mar 08 0.15Mar 09 0.21
Mar 10 -
Mar 11 0.06
INVENTORY TURNOVER RATIO
YearInventory turnover ratio
Mar 07 3.74
Mar 08 3.83
Mar 09 3.79
Mar 10 3.74
Mar 11 3.73
0
0.5
1
1.5
2
2.5
3
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Current ratio
Fixed assets turnover ratio
debt/equity
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NET PROFIT MARGIN (%)
Year Net profit margin (%)
Mar 07 45.83
Mar 08 54.08
Mar 09 67.34
Mar 10 69.82
Mar 11 78.70
0
10
20
30
40
50
60
70
80
90
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Inventory turnover ratio
Net operating income
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TECHNICAL ANANYSIS
OWNERSHIP PATTERN
PERFORMANCE CHART
INDEX COMPARISION
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HISTORY
Khwaja Abdul Hamied, the founder of Cipla, was born on October 31, 1898. The fireof nationalism was kindled in him when he was 15 as he witnessed a wanton act of colonial
highhandedness. The fire was to blaze within him right through his life.. In 1935, he set upThe Chemical, Industrial & Pharmaceutical Laboratories, which came to be popularly knownas Cipla. He gave the company all his patent and proprietary formulas for several drugs andmedicines, without charging any royalty. On August 17, 1935, Cipla was registered as apublic limited company with an authorised capital of Rs 6 lakhs. Cipla was officially openedon September 22, 1937 when the first products were ready for the market. The SundayStandard wrote: "The birth of Cipla which was launched into the world by Dr K A Hamiedwill be a red letter day in the annals of Bombay Industries. The first city in India can nowboast of a concern, which will supersede all existing firms in the magnitude of its operations
Cipla today stands as one of the most trusted names in the pharmaceutical industry in
India. Serving the nation for over 70 years with an unprecedented record of quality Cipla hasmanaged to win the hearts of millions of Indians with its wide range of personal care and
pharmaceutical products.
UPCOMING PROJECTS
Cipla introduces new pain free screening technology for early detection of breast cancer inIndia - No Touch Breast Scan
Cipla extends an innovative Mother-Baby Pack for preventing mother-to-child transmissionof HIV/AIDS
Cipla launches the worlds first generic Pirfenidone in India, giving hope to sufferers of IPF(Idiopathic Pulmonary Fibrosis)
Piramal Healthcare Acquires "i-pill", a Leading Emergency Contraceptive Brand from Cipla
NOTES
1. Cipla is a leading firm in a helthcare industries, so it is a best to have such company in
our portfolio.
2. Its oveall ratios like EPS, book value, NOI, Current ratio, Fixed assets turnover ratio,debt/equity, Inventory turnover ratio etc. are contineously increasing
3. Its profit is also increasing constantly.4. Its compititors are sun pharmaciticals, Dr. Reddys labs are ahead but still due to its
innovations it is having good demand on market.5. Its face value is 2 & its market value is 299..6. Its NOI, book value, Net operating ratio is having uptrend.
http://www.cipla.com/whatsnew/news.htm#02mar11http://www.cipla.com/whatsnew/news.htm#02mar11http://www.cipla.com/whatsnew/news.htm#02mar11http://www.cipla.com/whatsnew/news.htm#02mar11http://www.cipla.com/whatsnew/news.htm#30nov10http://www.cipla.com/whatsnew/news.htm#30nov10http://www.cipla.com/whatsnew/news.htm#30nov10http://www.cipla.com/whatsnew/news.htm#30nov10http://www.cipla.com/whatsnew/news.htm#30nov10http://www.cipla.com/whatsnew/news.htm#30nov10http://www.cipla.com/whatsnew/news.htm#20oct10http://www.cipla.com/whatsnew/news.htm#20oct10http://www.cipla.com/whatsnew/news.htm#20oct10http://www.cipla.com/whatsnew/news.htm#20oct10http://www.cipla.com/whatsnew/news.htm#23mar10http://www.cipla.com/whatsnew/news.htm#23mar10http://www.cipla.com/whatsnew/news.htm#23mar10http://www.cipla.com/whatsnew/news.htm#20oct10http://www.cipla.com/whatsnew/news.htm#20oct10http://www.cipla.com/whatsnew/news.htm#30nov10http://www.cipla.com/whatsnew/news.htm#30nov10http://www.cipla.com/whatsnew/news.htm#02mar11http://www.cipla.com/whatsnew/news.htm#02mar118/2/2019 Project Final Copy
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BHARAT HEAVY ELECTRICALS
Group / Index : A / SENSEX Face value : 2.00Scrip Code : 500103 Industry : Heavy Electrical Equipment
FUNDAMENTAL ANALYSIS
CASH EPS
Year CASH EPS
Mar 07 108.65
Mar 08 64.48
Mar 09 70.94
Mar 10 97.41
Mar 11 132.51
BOOK VALUE
Year Book value
Mar 07 359.06
Mar 08 220.10
Mar 09 264.32
Mar 10 325.16
Mar 11 411.71
NET OPERATING INCOME
Year NOI
Mar 07 709.38
Mar 08 399.19
Mar 09 543.68
Mar 10 678.75
Mar 11 858.45
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CURRENT RATIO
Year Current ratio
Mar 071.43
Mar 08 1.38
Mar 09 1.36
Mar 10 1.37
Mar 11 1.32
FIXED ASSETS TURNOVER RATIO
YearFixed assets turnover ratio
Mar 07 4.27
Mar 08 4.48Mar 09 5.20
Mar 10 5.15
Mar 11 5.31
0
100
200
300
400
500
600
700
800
900
1000
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
CASH EPS
Book value
NOI
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DEBT/EQUITY RATIO
Year Debt/equity
Mar 070.01
Mar 08 0.01Mar 09
0.01
Mar 100.01
Mar 110.01
INVENTORY TURNOVER RATIO
YearInventory turnover ratio
Mar 074.64
Mar 08 3.88
Mar 09 3.70
Mar 10 3.77
Mar 11 4.11
NET PROFIT MARGIN (%)
Year Net operating income
0
1
2
3
4
5
6
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Current ratio
Fixed assets turnover ratio
Debt/equity
Inventory turnover ratio
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Mar 07 709.38
Mar 08 399.19
Mar 09 543.68
Mar 10 543.68Mar 11 858.45
0
100
200
300
400500
600
700
800
900
1000
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Net operating income
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TECHNICAL ANANYSIS
OWNERSHIP PATTERN
PERFORMANCE CHART
INDEX COMPARISION
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HISTORY
We are an integrated power plant equipment manufacturer and one of the largestengineering and manufacturing companies in India in terms of turnover. We were establishedin 1964, ushering in the indigenous Heavy Electrical Equipment industry in India - a dream
that has been more than realized with a well-recognized track record of performance. Thecompany has been earning profits continuously since 1971-72 and paying dividends since1976-77
We are engaged in the design, engineering, manufacture, construction, testing,commissioning and servicing of a wide range of products and services for the core sectors ofthe economy, viz. Power, Transmission, Industry, Transportation, Renewable Energy, Oil &Gas and Defense. We have 15 manufacturing divisions, two repair units, four regionaloffices, eight service centers, eight overseas offices and 15 regional centers and currentlyoperate at more than 150 project sites across India and abroad. We place strong emphasis oninnovation and creative development of new technologies. Our research and development(R&D) efforts are aimed not only at improving the performance and efficiency of our existingproducts, but also at using state-of-the-art technologies and processes to develop newproducts. This enables us to have a strong customer orientation, to be sensitive to their needsand respond quickly to the changes in the market.
UPCOMING PROJECTS
NTPC and BHEL to set up joint venture for projects
NOTES1. BHEL is one of the Navratna Company.
2. It is having nice growth rate
3. Government wants to buy back shares from market to met its fiscal pilicy, is the main
reason why past few days performance is week.
4. Its overall ratios are increasing continuously
5. Its net operating income increased this year more rapidly.
6. Its shares face value is 2 & now its market value is 252.7. Its all ratios having sharp growth rate & having uptrend.
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STATE BANK OF INDIA
Scrip Code 500112 Group / Index - A / SENSEX Face value 10.00 Industry Banks:
FUNDAMENTAL ANALYSIS
CASH EPS
Year CASH EPS
Mar 0797.73
Mar 08 117.33
Mar 09 155.69
Mar 10 159.06
Mar 11 145.75
BOOK VALUE
Year Book value
Mar 07 594.69
Mar 08 776.48
Mar 09 912.73
Mar 10 1,038.76
Mar 11 1,023.40
NET OPERATING INCOME
Year NOI
Mar 07833.38
Mar 08 899.83
Mar 09 1,179.45
Mar 10 1,353.15
Mar 11 1,504.34
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CURRENT RATIO
Year Current ratio
Mar 070.42
Mar 08 0.53
Mar 09 0.34
Mar 10 0.43
Mar 11 0.41
FIXED ASSETS TURNOVER RATIO
YearFixed assets turnover ratio
Mar 07 5.44
Mar 08 6.32Mar 09 7.20
Mar 10 7.26
Mar 11 7.24
0
200
400
600
800
1000
1200
1400
1600
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
CASH EPS
Book value
NOI
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DEBT/EQUITY RATIO
Year Debt/equity
Mar 0713.91
Mar 08 10.96Mar 09
12.81
Mar 1012.19
Mar 1114.37
0
2
4
6
8
10
12
14
16
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Current ratio
Fixed assets turnover ratio
Debt/equity
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NET PROFIT MARGINE (%)
Year Net operating income
Mar 07 833.38
Mar 08 899.83
Mar 09 1,179.45
Mar 10 1,353.15
Mar 11 1,504.34
0
200
400
600
800
1000
1200
1400
1600
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Net operating income
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TECHNICAL ANANYSIS
OWNERSHIP PATTERN
PERFORMANCE CHART
INDEX COMPARISION
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HISTORY
T h e r o o t s o f t h e S t a t e B a n k o f I n d i a r e s t i n t h e f i r s t d e c a d e o f 1 9 t h c e n t u r y , w h e n T h e B a n k o f C a l c u t t a , l a t e r r e n a m e d T h e B a n k
o f Bengal, was established on 2 June 1806. The Bank of Bengal and two otherPresidency banks, namely, The Bank of Bombay (incorporated 15 April 1840)
a n d T h e Bank of Madras(incorporated on 1 July1843). All three Presidencybanks were incorporated as joint stock companies, a n d w e r e t h e r e s u l to f t h e r oyal. T h e s e t h r e e b a n k s r e c ei v e d t h e ex c l u si v e ri g h t t o i ss u epaper currency in 1861with the Paper Currency Act, a right they retained until theformation of the Reserve Bank of India. The Presidency banks amalgamated on27 January1921, and the reorganized banking entity took as its name I m p e r i a l B a n k o f I n d i a . T h e I m p e r i a l B a n k o f I n d i a c o n t i n u e d t o remain a joint stock company.Pursuant to the provisions of the State Bank of India Act (1955), the R e s e r v eB a n k o f I n d i a , w h i c h i s I n d i a ' s c e n t r a l b a n k , a c q u i r e d acontrolling interest in the Imperial Bank of India. On 30 April 1955the Imperial
Bank of India became the State Bank of India. The Govt. India recently acquired the ReserveBank of India's stake in SBI to remove any conflict of interest because the RBI is thecountry's banking regulatory authority.
NOTES
1. SBI is a leading company in banking sector
2. Its shares face value is 10 & now its market value is 2081.3. It is having great demand in market.4. Its overall ratios is increasing rapidly
5. Its net profit is also increasing.6. Its index comparison is also strong7. Its all ratios execept fixed assets turnover ratio is having uptrend.
http://en.wikipedia.org/wiki/Bank_of_Calcuttahttp://en.wikipedia.org/wiki/Bank_of_Bengalhttp://en.wikipedia.org/wiki/Bank_of_Bengalhttp://en.wikipedia.org/wiki/Bank_of_Bombayhttp://en.wikipedia.org/wiki/Bank_of_Madrashttp://en.wikipedia.org/wiki/Joint_stock_companyhttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Imperial_Bank_of_Indiahttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Central_Bankhttp://en.wikipedia.org/wiki/Govt._of_Indiahttp://en.wikipedia.org/wiki/Govt._of_Indiahttp://en.wikipedia.org/wiki/Central_Bankhttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Imperial_Bank_of_Indiahttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Joint_stock_companyhttp://en.wikipedia.org/wiki/Joint_stock_companyhttp://en.wikipedia.org/wiki/Bank_of_Madrashttp://en.wikipedia.org/wiki/Bank_of_Bombayhttp://en.wikipedia.org/wiki/Bank_of_Bengalhttp://en.wikipedia.org/wiki/Bank_of_Bengalhttp://en.wikipedia.org/wiki/Bank_of_Bengalhttp://en.wikipedia.org/wiki/Bank_of_Calcutta8/2/2019 Project Final Copy
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RELIANCE INDUSTRIES
Group / Index : A / SENSEX Face value : 10.00500325 Industry : Integrated Oil & Gas
FUNDAMENTAL ANALYSIS
CASH EPS
Year CASH EPS
Mar 07121.84
Mar 08 127.14
Mar 09 133.14
Mar 10 79.00
Mar 11 101.50
BOOK VALUE
Year Book value
Mar 07 458.61Mar 08 548.73
Mar 09 802.54
Mar 10 419.43
Mar 11 462.95
NET OPERATING INCOME
Year NOI
Mar 07801.57
Mar 08 920.48
Mar 09 902.02
Mar 10 587.37
Mar 11 758.04
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CURRENT RATIO
Year Current ratio
Mar 071.17
Mar 08 1.39
Mar 09 1.23
Mar 10 1.29
Mar 11 1.46
FIXED ASSETS TURNOVER RATIO
YearFixed assets turnover ratio
Mar 07 1.13
Mar 08 1.29Mar 09 1.01
Mar 10 0.94
Mar 11 1.58
0
100
200
300
400
500
600
700
800
900
1000
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
CASH EPS
Book value
NOI
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DEBT/EQUITY RATIO
Year Debt/equity
Mar 070.45
Mar 08 0.46Mar 09
0.64
Mar 100.48
Mar 110.46
INVENTORY TURNOVER RATIO
YearInventory turnover ratio
Mar 0710.65
Mar 08 10.57
Mar 09 12.92
Mar 10 8.29
Mar 11 9.59
0
2
4
6
8
10
12
14
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Current ratio
Fixed assets turnover ratio
Debt/equity
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NET PROFIT MARGINE
Year Net operating income
Mar 07 259.98
Mar 08 348.57
Mar 09 464.77
Mar 10 436.03
Mar 11 524.34
0
100
200
300
400
500
600
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Net operating income
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TECHNICAL ANANYSIS
OWNERSHIP PATTERN
PERFORMANCE CHART
INDEX COMPARISION
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HISTORY
The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest private
sector enterprise, with businesses in the energy and materials value chain. Group's annual
revenues are in excess of US$ 58 billion. The flagship company, Reliance Industries Limited,
is a Fortune Global 500 company and is the largest private sector company in India.
Backward vertical integration has been the cornerstone of the evolution and growth of
Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward
vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum
refining and oil and gas exploration and production - to be fully integrated along the materials
and energy value chain.
The Group's activities span exploration and production of oil and gas, petroleum refining and
marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles,
retail, infotel and special economic zones.
Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre
producer in the world and among the top five to ten producers in the world in major
petrochemical products.
Major Group Companies are Reliance Industries Limited, including its subsidiaries
and Reliance Industrial Infrastructure Limited.
NOTES
1. Reliance Industries is a leading company in oil & gas sector
2. Its face value is 10 & now its market price is 7253. Its near about all ratios are continuously increasing day by day4. It is having much mare Goodwill in market5. Its market share is also high6. Its growth rate is also high7. Recently due to the intrest of FFI in it its Promoters share decreased from 55%
to 50%8. Its all ratios including Net profit margin in having uptrend.
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HERO MOTOCORP
Group / Index : A / SENSEX Face value : 2.00Scrip Code : 500182 Industry : 2/3 Wheelers
FUNDAMENTAL ANALYSIS
CASH EPS
Year CASH EPS
Mar 0749.96
Mar 08 56.50Mar 09 73.24
Mar 10 121.35
Mar 11 116.70
BOOK VALUE
Year Book value
Mar 07 123.70
Mar 08 149.55
Mar 09 190.33
Mar 10 173.52
Mar 11 148.03
NET OPERATING INCOME
Year NOI
Mar 07496.07
Mar 08 518.06
Mar 09 617.23
Mar 10 793.22
Mar 11 969.86
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CURRENT RATIO
Year Current ratio
Mar 070.56
Mar 08 0.48
Mar 09 0.46
Mar 10 0.57
Mar 11 0.23
FIXED ASSETS TURNOVER RATIO
YearFixed assets turnover ratio
Mar 07 6.01
Mar 08 5.89Mar 09 5.34
Mar 10 6.29
Mar 11 3.70
0
200
400
600
800
1000
1200
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
CASH EPS
Book value
NOI
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DEBT/EQUITY RATIO
Year Debt/equity
Mar 070.06
Mar 08 0.04Mar 09
0.02
Mar 100.01
Mar 110.50
INVENTORY TURNOVER RATIO
YearInventory turnover ratio
Mar 0747.48
Mar 08 42.82
Mar 09 47.53
Mar 10 42.80
Mar 11 43.88
0
5
10
15
20
25
30
35
40
45
50
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Current ratio
Fixed assets turnover ratio
Debt/equity
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NET PROFIT MARGINE (%)
Year Net operating income
Mar 07 496.07
Mar 08 518.06
Mar 09 617.23
Mar 10 793.22
Mar 11 969.86
0
200
400
600
800
1000
1200
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Net operating income
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TECHNICAL ANANYSIS
OWNERSHIP PATTERN
PERFORMANCE CHART
INDEX COMPARISION
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HISTORY
Hero is the brand name used by the Munjal brothers for their flagship company
Hero Cycles Ltd. A joint venture between the Hero Group and Honda Motor Company wasestablished in 1984 as the Hero Honda Motors Limited at Dharuhera India. Munjal family
and Honda group both own 26% stake in the Company. In 2010, it was reported thatHonda planned to sell its stake in the venture to the Munjal family.
During the 1980s, the company introduced motorcycles that were popular in India fortheir fuel economy and low cost. A popular advertising campaign based on the slogan 'Fill it -
Shut it - Forget it' that emphasized the motorcycle's fuel efficiency helped the company grow
at a double-digit pace since inception. The technology in the bikes of Hero Honda for almost
26 years (19842010) has come from the Japanese counterpart Honda
Hero Motocorp Ltd. Formerly Hero Honda is an
Indian motorcycle and scooter manufacturer based in New Delhi, India. Hero Honda started
in 1984 as a joint venture between Hero Cycles of India and Honda of Japan. The company is
the largest two wheeler manufacturer in India. The 2006 Forbes 200 Most Respectedcompanies list has Hero Honda Motors ranked at 108.
In 2010, When Honda decided to move out of the joint venture, Hero Group bought
the shares held by Honda. Subsequently, in August 2011 the company was renamed Hero
Motocorp with a new corporate identity
NOTES
1. It is a leading company in transport equipments.
2. Its face value is 2 & its market price is 1993
3. Its book value, fixed assets turnover ratio is having downtrend.4. Its other ratios having uptrend.5. Its all ratios generally having rapid growth.6. After its demerger also it contineously earn profit.7. Its inventory turnover ratio is having double bottom during 2008-2010.8. We can plot upward trendline for its Net profit margine.
http://en.wikipedia.org/wiki/Dharuherahttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Hero_Honda_Splithttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Motorcyclehttp://en.wikipedia.org/wiki/Scooter_(motorcycle)http://en.wikipedia.org/wiki/New_Delhi,_Indiahttp://en.wikipedia.org/wiki/Hero_Cycleshttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Hero_Honda_Splithttp://en.wikipedia.org/wiki/Hero_Honda_Splithttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Hero_Cycleshttp://en.wikipedia.org/wiki/New_Delhi,_Indiahttp://en.wikipedia.org/wiki/Scooter_(motorcycle)http://en.wikipedia.org/wiki/Motorcyclehttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Hero_Honda_Splithttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Dharuhera8/2/2019 Project Final Copy
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TATA POWER
Group / Index: A / SENSEX Face value:1.00 ScripCode:500400 Industry : ElectricUtilities
FUNDAMENTAL ANALYSIS
CASH EPS
Year CASH EPS
Mar 0739.44
Mar 08 34.75
Mar 09 36.78
Mar 10 57.76
Mar 11 56.20
BOOK VALUE
Year Book value
Mar 07 302.42
Mar 08 362.04
Mar 09 390.36
Mar 10 443.83
Mar 11 473.65
NET OPERATING INCOME
Year NOI
Mar 07 248.54
Mar 08 267.77
Mar 09 327.74
Mar 10 299.37
Mar 11 290.82
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CURRENT RATIO
Year Current ratio
Mar 072.25
Mar 08 2.04
Mar 09 2.10
Mar 10 2.45
Mar 11 2.02
FIXED ASSETS TURNOVER RATIO
YearFixed assets turnover ratio
Mar 07 0.78
Mar 08 0.91Mar 09 0.80
Mar 10 0.70
Mar 11 0.65
0
50
100
150
200
250
300
350
400
450
500
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
NOI
Book value
CASH EPS
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DEBT/EQUITY RATIO
Year Debt/equity
Mar 070.61
Mar 08 0.38Mar 09
0.60
Mar 100.56
Mar 110.62
INVENTORY TURNOVER RATIO
YearInventory turnover ratio
Mar 0716.07
Mar 08 18.70
Mar 09 15.49
Mar 10 18.98
Mar 11 17.79
0
2
4
6
8
10
12
14
16
18
20
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Current ratio
Fixed assets turnover ratio
Debt/equity
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NET PROFIT MARGINE (%)
Year Net operating income
Mar 07 13.26
Mar 08 14.35
Mar 09 12.32
Mar 10 12.88
Mar 11 12.78
11
11.5
12
12.5
13
13.5
14
14.5
15
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Net operating income
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TECHNICAL ANANYSIS
OWNERSHIP PATTERN
PERFORMANCE CHART
INDEX COMPARISION
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HISTORY
Tata Poweris Indias oldest and largest private sectorelectric utility company an
installed generation capacity of over 5000 MWThe firm started as the Tata Hydroelectric Power Supply Company in 1911, which
amalgamated with the Andhra Valley Power Supply Company in 1916; it commissioned
Indias first large hydro-electric project in 1915 in Bhivpuri and Khopoli, Karjat. Today the
company is Indias largest private sector electricity generating company with an installed
generation capacity of over 5000 MW. It has a presence in thermal, hydro, solar and wind
areas of power generation, transmission and retail.
UPCOMING PROJECTS
1. Tata Power has entered into a 51:49 joint venture with Power Grid Corporation ofIndia for the 1200 km Tala transmission project, Indias first transmission project
executed with public-private partnership financing.
2. The company has won a contract for building 4000 MW power plant at Mundra. Forthe first time in India a 4000MW power plant is being built in one single large
construction project; all earlier large projects have involved stage construction.
3. The company has also entered into a 74:26 joint venture with Damodar ValleyCorporation for building a 1050 MW coal based thermal power plant at Maithon inDhanbad district of Jharkhand, into a 74:26 joint venture with Tata Steel Limited for
setting up of power plants to meet the captive requirements of Tata Steel. It hascommissioned 120MW power plant in Jojobera in 2009 and in the process of
commissioning another 120 MW.
4. Tata Power has announced its partnership with Sunengy an Australian firm to buildIndia's first floating solar plant based on Liquid Solar Array technology.
NOTES
1. Tata power is leading company in power sector.
2. It is having goodwill in market as a Tata group company.
3. Its shares face value is 2 & its market value is 96..4. Its overall ratios are also increasing.5. Its inventory turnover ratio is having Head & shoulders Pattern6. Its book value is having sharp upward trend line7. Its index comparison is also strong
http://en.wikipedia.org/wiki/Electric_utilityhttp://en.wikipedia.org/wiki/Hydro-electrichttp://en.wikipedia.org/wiki/Bhivpurihttp://en.wikipedia.org/wiki/Khopolihttp://en.wikipedia.org/wiki/Karjathttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/PowerGrid_Corporation_of_Indiahttp://en.wikipedia.org/wiki/PowerGrid_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Public-private_partnershiphttp://en.wikipedia.org/w/index.php?title=Liquid_Solar_Array&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Liquid_Solar_Array&action=edit&redlink=1http://en.wikipedia.org/wiki/Public-private_partnershiphttp://en.wikipedia.org/wiki/PowerGrid_Corporation_of_Indiahttp://en.wikipedia.org/wiki/PowerGrid_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Karjathttp://en.wikipedia.org/wiki/Khopolihttp://en.wikipedia.org/wiki/Bhivpurihttp://en.wikipedia.org/wiki/Hydro-electrichttp://en.wikipedia.org/wiki/Electric_utility8/2/2019 Project Final Copy
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MAHINDRA & MAHINDRA
Group / Index: A / SENSEX Face value: 5.00 Scrip Code:500520 Industry: Cars &Utility Vehicles
FUNDAMENTAL ANALYSIS
CASH EPS
Year CASH EPS
Mar 08 56.16
Mar 09 41.39Mar 10 43.44
Mar 11 52.38
BOOK VALUE
Year Book value
Mar 08 181.39
Mar 09 191.90
Mar 10 138.15
Mar 11 175.04
NET OPERATING INCOME
Year NOI
Mar 08 473.09
Mar 09 479.84
Mar 10 327.20
Mar 11 399.79
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CURRENT RATIO
Year Current ratio
Mar 08 1.10
Mar 09 1.06
Mar 10 1.11
Mar 11 0.86
FIXED ASSETS TURNOVER RATIO
YearFixed assets turnover ratio
Mar 08 3.22
Mar 09 2.84
Mar 10 3.85Mar 11 4.08
0
100
200
300
400
500
600
8-Mar 9-Mar 10-Mar 11-Mar
CASH EPS
Book value
NOI
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DEBT/EQUITY RATIO
Year Debt/equity
Mar 080.59
Mar 09 0.77Mar 10
0.36
Mar 110.23
INVENTORY TURNOVER RATIO
YearInventory turnover ratio
Mar 08 12.49
Mar 09 14.56
Mar 10 17.91
Mar 11 15.64
0
2
4
6
8
10
12
14
16
18
20
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Current ratio
Fixed assets turnover ratio
Debt/equity
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NET PROFIT MARGINE (%)
Year Net operating income
Mar 08 9.45
Mar 09 6.25
Mar 10 11.08
Mar 11 11.14
0
2
4
6
8
10
12
14
7-Mar 8-Mar 9-Mar 10-Mar 11-Mar
Net operating income
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TECHNICAL ANANYSIS
OWNERSHIP PATTERN
PERFORMANCE CHART
INDEX COMPARISION
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HISTORY
Mahindra & Mahindra Limited (M&M) is an Indian multinational
automaker headquartered in Mumbai, Maharashtra, India. It is one of the largest automobile
manufacturers by production in India and a subsidiary ofMahindra Group conglomerate. The
company was founded in 1945 in Ludhiana as Mahindra & Mohammed by brothers K.C.Mahindra and J.C. Mahindra and Malik Ghulam Mohammed. After India