13-10-2012, 01:50 PM
FUNDAMENTAL ANALYSIS WITH RESPECT TO MAJOR COMPANIES IN TELECOM INDUSTRY IN INDIA. AT MOTILAL OSWAL SECURITIES LIMITED, NASHIK
FUNDAMENTAL ANALYSIS.docx (Size: 1,007.03 KB / Downloads: 104)
Introduction of the study
Liberalization, privatization and globalization have brought unprecedented chance in the economy, trade and industrial scenario. LPG has exposed various organizations including the service sector to the challenge of competition; service quality, cost and the competitive environment will help organization to modernize.
Object of the project
In today’s cutthroat competition world management has to perform variety of functions and responsibilities. Theoretical knowledge of such function and responsibilities can be obtained in the institute. But practically when this knowledge is applied in the corporate world, the managers face many difficulties. One has to get an insight into this practical knowledge, communication skills and develop the analytical aspects. Working for such objective will definitely help to polish us and once accomplished it provides a great satisfaction.
It also helps us to understand the real organizational problems, perceptions and challenges. Apart from these objectives, the other is to study certain fundamentals, commercials and environmental aspects of the industry.
Limitations of the study
Only 4 companies out of a very large Indian telecom industry could be studied in this process.
Availability of data was the main limitation of this study.
Fundamental analysis involves lots of tools, but only selected tools were studied.
The study frame considered is very limited. It is limited for 2 months only and it became difficult to understand the trends of the entire sector in 2 months only.
The study is limited to fundamental analysis.
The data used is secondary data.
Only listed companies were considered for the study (on NSE or BSE )
Only cellular service provider companies are selected for the purpose of study out of the huge telecom sector.
Utility to company:-
The analysis done was beneficial to the company as additional information about the telecom industry was easily made available for the investors.
With this, company can recommend their clients to invest in particular company’s shares on the basis of analysis done.
Because of using fundamental analysis in study company can make recommend long term players in the market.
This study takes into account the data of the general industry as well as economic condition while conducting its study.
Review of literature
As my project report concern first I refer s.kevin “Portfolio Management &PunithavathyPandian, “Security Analysis & Portfolio Management” Edition, Vikas Publishing Housing Pvt. Ltd, 2007.books for the purpose of to obtain knowledge of industry analysis. I take telecommunication sector due to analysis of telecom sector in India. The telecom industry is the fastest growing industry in India despite the recession telecom industry is a one which is not influence. For the purpose of Fundamental analysis of telecommunication sector, I have collected data from website as www.businesstoday.intoday.in, www.nseindia.in, for history of telecommunication I go to www.trai.gov.in website. I obtain quote of five major companies in India and then calculating the averages for all ratios. I take Portfolio analysis for the telecommunication industry.