Stock Market Analysis Atul

8/4/2019 Stock Market Analysis Atul

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STOCK MARKET ANALYSIS

A REPORT ON


DLF LTD. & GAMMON INDIA LTD.

GROUP-19 PMB105




SUBMITED TO: SUBMITTED BY:

Mr. GAURAV GOYAL ATUL SHARMA

LMTSOM MANDEEP

WADIA

THAPAR UNI.CAMPUS SATNAM SINGH

PATIALA. SAHIL VERMA

INTRODUCTION:

What Is Stock Market

A stock market or equity market is a public entity (a loose network of economic

transactions, not a physical facility or discrete entity) for the trading of company




stock (shares) and derivatives at an agreed price; these are securities listed on a

stock exchange as well as those only traded privately.

The size of the world stock market was estimated at about $36.6 trillion at the startof October 2008. The total world derivatives market has been estimated at about

$791 trillion face or nominal value, 11 times the size of the entire world economy.

The value of the derivatives market, because it is stated in terms of notional

values, cannot be directly compared to a stock or a fixed income security, which

traditionally refers to an actual value. Moreover, the vast majority of derivatives

'cancel' each other out (i.e., a derivative 'bet' on an event occurring is offset by a

comparable derivative 'bet' on the event not occurring). Many such relatively

illiquid securities are valued as marked to model, rather than an actual market

price.

The stocks are listed and traded on stock exchanges which are entities of a

corporation or mutual organization specialized in the business of bringing buyers

and sellers of the organizations to a listing of stocks and securities together. The

largest stock market in the United States, by market capitalization, is the New

York Stock Exchange (NYSE). In Canada, the largest stock market is the Toronto

Stock Exchange. Major European examples of stock exchanges include the

Amsterdam Stock Exchange, London Stock Exchange, Paris Bourse, and the

Deutsche Börse (Frankfurt Stock Exchange). In Africa, examples include Nigerian

Stock Exchange, JSE Limited, etc. Asian examples include the Singapore

Exchange, the Tokyo Stock Exchange, the Hong Kong Stock Exchange, the

Shanghai Stock Exchange, and the Bombay Stock Exchange. In Latin America,

there are such exchanges as the BM&F Bovespa and the BMV.

Importance of stock market

The stock market is one of the most important sources for companies to raise

money. This allows businesses to be publicly traded, or raise additional financial

capital for expansion by selling shares of ownership of the company in a public

market. The liquidity that an exchange provides affords investors the ability to

quickly and easily sell securities. This is an attractive feature of investing in

stocks, compared to other less liquid investments such as real estate.[citation

needed]




History has shown that the price of shares and other assets is an important part of

the dynamics of economic activity, and can influence or be an indicator of social

mood. An economy where the stock market is on the rise is considered to be an up-

and-coming economy. In fact, the stock market is often considered the primary

indicator of a country's economic strength and development.[citation needed]

Rising share prices, for instance, tend to be associated with increased business

investment and vice versa.




STOCK MARKET TERMINOLOGY:

Stock: This is the smallest measurable unit of ownership in a company. Shares fall

into either the common or preferred categories; companies issue shares of stock inorder to raise capital without borrowing money.

Ask: This is the lowest price that a seller will accept when selling a stock.

Bear: This refers to an investor who believes the stock market or a particular stock

is declining. This is the opposite of a Bull.

Bid: This is the highest price that a buyer is willing to pay for a stock.

Broker: A person that buys or sells stocks, bonds, commodities and such in

exchange for a fee which is called a commission.

Bull: An investor who believes the whole market or one individual stock is going

to increase in price. This is the opposite of a Bear.

Open price: Price at which first transaction (trading) take place for a particular

share in opening of market.

Closed Price: It is a Price of share at the closing of market at the end of day.

Previous Closed: It is a Closing Price of a share on previous day.

Volume: Total no. of transaction taken placed in a day for a particular company is

called Trading Volume for that day.

% Change: Change in Closed price with respect to previous closed expressed as

percentage of closed price is called the % change in price of a stock.

Day High: The highest price at which particular stock is traded within a day is

called Day High for that Stock.

GROUP-19, SECTION S3, MBA I Page 5




Day Low: The lowest price at which a particular stock is traded during a day is

called Day Low of that Share.

Blue Chip: This term describes a company with a history of strong earning,

traditionally increasing dividends and an outstanding balance sheet. Blue Chip

stocks include Exxon-Mobile, Coca-Cola and Wal-Mart.

Book Value: This is the value of a company if assets and common stock equity

are added together and all liabilities are subtracted. There is little correlation

between the book value and the market value. Book value is used in such

fundamental analysis measurements as Price to Book ratio.

Dividend: This is the portion of a company’s profit that is given back to the

investors. Such payments are made on either an annual or quarterly basis.

GAMMON INDIA LTD.

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Page 7

BSE: 509550

NSE: GAMMONIND

ISIN: INE259B01020

Market Cap: [Rs.Cr.] 1,079Face Value: [Rs.] 2

Industry: Construction

Gammon India ltd. is built on a legacy that has stood the test of time. Technological and design

excellence, and a discerning eye for quality and safety are some of the characteristics that

distinguish Gammon’s tradition for perfection in its areas of operation.

Gammon India is amongst the largest physical infrastructure construction companies in India.

Its track record spans significant landmark projects built over several decades, with a prominent presence across all sectors of civil engineering, design and construction. It has a

track record of building landmark structures, some of which have become iconic. This

includes’ The Gateway of India’, the piling and civil foundation work for which was

successfully executed by Gammon as its maiden project way back in 1919.

Besides its large scale of operations in the Construction and Infrastructure domain, Gammon

has a dominant presence in energy business in which it operates in the hydro, nuclear and

thermal power sectors. In fact, Gammon’s association with the construction of nuclear power

projects dates back to 1959 when it completed the Pre-Stresses Concrete (PSC) Ball Tank of

India’s first Atomic Reactor Plant in Trombay. Gammon’s projects cover businesses and

projects involving highways, public utilities, environmental engineering and marine structures.

Gammon’s expertise also covers the design, financing, construction and operation of modern

bridges, viaducts, and metro rail, both on a Built-Operate–Transfer (BOT) basis as well as

contract execution. An example is the upcoming ‘Signature Bridge’ project in Wazirabad in

North-West Delhi. This project would significantly help in the efficient flow and management

of traffic in the region. Gammon is also active in the Social Infrastructure sector through its

operations in the realty project segment. Examples include residential complexes such as

Pebble Bay and Godrej WoodsMan Estate in Bangalore,Godrej Kalyan in Mumbai, RNA

Exotica, Mumbai; Hotel complexes such as Hotel Leela Palace, Chennai and G Staad,

Bangalore besides commercial complexes such as Galleria Mall(INXS) in Bangalore.

Gammon is also currently undertaking a major project for ISKON at Sri Mayapur in West

Bengal involving the construction of a temple complex and a modern cultural centre.




Gammon international include a majority holding in Franco Tosi Meccanica, SAE

Power lines, and Sofinter group, Italy spanning the sectors of power and industrial

boilers as well as waste and environment management systems. Gammon hasreceived accolades and recognitions from a variety of reputed institutions.

Examples include the Indian Concrete Institute Award for most outstanding

concrete structure presented for the segmental arch bridge across the River Beas

(Himachal Pradesh) and the first prize for ‘Excellent Aesthetics’ for the

Vidyasagar Sethu Project across the River Hoogly in Kolkata.

Currently Gammon India has a strong talent base of over 3500 employees on its

own rolls apart from 10,000 officers and staff working under its aegis at various

project sites. It further engages more than 200,000 labour/staff on daily wage basis. Its stand-alone turnover in financial year 2009-10 was close to US $ 1billion

with the Group’s turnover in excess of US $ 1.5 billion.

Page 8




Page 9

Awards & Achievement

Awards Projects Year

MSRDC Award for J.J. Hospital to Palton Road J.J. Hospital 2002

ACCE-L&T Endowment Award for Excellence in

construction of Haldia Induced Draught CoolingTowers

Induced Draught

Cooling Towers atHaldia

2001

IIBE -7th Annual Award Nite for Flyover at

Doveton Jn.Chennai

Doveton Jn. Chennai 2001

IIBE-7th Annual Award Nite for Noida Bridge at

Delhi

Noida Bridge at

Delhi

2001

ACCE-L&T Endowment Award for Excellence in

construction of Industrial Structure, Raichur

Natural Draft Cooling Towers

Raichur Multiflue

Chimney

2000

ICI-MC-Bauchemie Award for the Most

Outstanding Bridge, Kaladan Bri dge

Kaladan Bridge 2000

ICI-MC-Bauchemie Award for the Most

Outstanding Bridge, Jadukata Bridge

Jadukata Bridge 1999

ACCE-Sarvamangala Award for Excellence In

Construction of Karbude Tunnel

Konkan Railway

Tunnel and Viaduct

1999

ACCE-L&T Endowment Award for Excellence In

Construction of Industrial Structure, Kothgudem,

Natural Draft R.C Cooling Towers

Kothgudem Coolling

Tower

1998

IIBE- Most Outstanding Bridge National Award ,

For CMLR Vashi Flyover

CMLR Vashi

Flyover

1998

IIBE- Most Outstanding National Award TO

P.V.Raj Memorial.

P.V.Raj Memorial 1995

awardsificate of Merit for Akkar Bridge Akkar Bridge 1988

The Arch of Europe Gold Award Ganga Bridge 1987

IFAWPCA awardsificate for Sindhri Horizontal

Silos

Sindhri Horizontal

Silos

1971

IFAWPCA awardsificate for Thane Creek Bridge Thane Creek Bridge 1971

IFAWPCA Builders Award to Gammon India LTD 1970

Award By Gujarat Electricity Board Gujarat Electricity

Board

1965






List of Current Projects Having Contract Value More

Than 100cr.

Project Contract

Valuein Crore

(Rs.)

Parbati HE Project Stage II 603.00

SEWA HE Project Stage II 196.51

KolDam hepp (4 X 200 mw) for NTPC in Himachal Pradesh. 189.22

Construction of Nuclear island connected buildings & other safety related

structures for PFBR at Kalpakkam

156.67

Earth work of GNSS Main Canal PKG 2- cuddapah 294.45

Package No. 19 – Investigation, design, estimation and construction of

proposed diversion scheme across peddavagu

118.90

Rehabilitation and Upgradation from Km 75.00 to Km. 80.60 of NH25 in the

town of Kanpur (including bridge across river Ganga (Contract Pkg. UP-6)

159.06

BOT Nasik-Wadape-Gonde 4-Laning 621.00

Package no. 20- Design & C/o of Resevoir across Modikunta vagu 118.95

Stage 3 Pumping station (5X30 MW) of Kalwakurthy Lift irrigation Scheme. 631.99

Construction of Part Head Race Tunnel surge shaft, pressure shaft, power house

and tail race tunnel (civil works) pkg. III, Lot-2, Parbati HE Pr.stage III

304.72

Widening and strengthening to 4-lane of existing single / intermediate lane

carriageway of National Highway No. 57 Section from Km. 230.00 to Km. 190.00in the State of Bihar on East West Corridor under NHDP, Phase – II, Pkg. No.

C-II/BR-3

356.51

Design & Construction of 2-lane Elevated Road from GT Road to Golden

Temple

173.00

Brahmaputra Bridge near Guwahati on NH-31 in Assam 238.34

Construction of 4 lane Bridge across river Kosi-BOT 347.00

Construction of Gorakhpur Byepass in the state of U.P.-BOT 559.00

Construction of Cable Strayed Bridge across river Chambal on Kota Byepass 213.59

Rampur HE Project package - I 382.44

Gajol-Hilli Road Project in West Bengal 223.09Leela Palace Hotel, Chennai 117.65

MbPT 397.49

Page 11




Share Holding Pattern

Particulars No. of

Shares(Mn)

%

Holdings

Total Promoter Holdings 44.19 32.4

Total Govt Holding (Promoter + Non Promoter) 0.00 0.0

Total Domestic Institutions (Banks/ FI + MF /

UTI)

19.22 14.1

Total Foreign Holdings (FII+NRI holdings) 38.02 27.9

Total Non Promoter Corporate Holdings 20.42 15.0

Total Public & Others (Individuals + HUF +

Clearing members)

14.62 10.8

Total 136.46 100

Page 12




Weekly Analysis

From the above the graph it is clear that the %age change is -3.66

From the above the graph it is clear that the %age change is-3.19

Page 13





From the above the graph it is clear that the %age change is-.93

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From the above the graph it is clear that the %age change is 3.1

Page 15




From the above the graph it is clear that the %age change is 2.32

From the above the graph it is clear that the %age change is 8.85 due to Gammon

India trades at 6.1x FY12E and 4.8x FY13E earnings after adjusting for BOT

assets and global subsidiaries. The stock appears attractive but we expect nomeaningful re-rating in the absence of major near-term growth catalysts.

Page 16





Page 17




DLF LTD.

BSE: 532868

NSE: DLF

ISIN: INE271C01023

Market Cap: [Rs.Cr.] 34,826

Face Value: [Rs.] 2

Industry: Construction

The DLF Group was founded by RAGHUVENDRA SINGH in 1946 . Wedeveloped some of the first residential colonies in Delhi such as Krishna Nagar inEast Delhi, which was completed in 1949. Since then we have been responsible for the development of many of Delhi’s other well known urban colonies, includingSouth Extension, Greater Kailash, Kailash Colony and Hauz Khas.

Following the passage of the Delhi Development Act in 1957, the state assumedcontrol of real estate development activities in Delhi, which resulted in restrictionson private real estate colony development. We therefore commenced acquiring

land at relatively low cost outside the area controlled by the Delhi DevelopmentAuthority, particularly in the district of Gurgaon in the adjacent state of Haryana.

This led to our first landmark real estate development project – DLF QutabEnclave, which has now evolved into DLF City. DLF City is spread over 3,000acres in Gurgaon and is an integrated township, which includes residential,commercial and retail properties in a modern city infrastructure with schools,hospitals, hotels and shopping malls. It also boasts of the prestigious DLF Golf and Country Club with night golfing facilities.

DLF has over 60 years of track record of sustained growth, customer satisfaction,and innovation. The company has 363 msf of planned projects with 52 msf of projects under construction.

DLF's primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising fromdevelopment and rentals. Its exposure across businesses, segments andgeographies, mitigates any down-cycles in the market. DLF has also forayed intoinfrastructure, SEZ and hotel businesses.

Page 18




Development Business

The development business of DLF includes Homes and Commercial Complexes.

The Homes business caters to 3 segments of the residential market - Super Luxury,

Luxury and Premium.

Page 19




Annuity Business

The annuity business consists of the rental businesses of offices and retail.With

over six decades of excellence, DLF is a name synonymous with global standards,

new generation workspaces and lifestyles. It has the distinction of developing

commercial projects and IT parks that are at par with the best in the world. DLF

has become a preferred name with many IT & ITES majors and leading Indian and

International corporate giants, including GE, IBM, Microsoft, Canon, Citibank,

Vertex, Hewitt, Fidelity Investments, WNS, Bank of America, Cognizant, Infosys,

CSC, Symantec and Sapient, among others.

DLF pioneered the retail revolution in the country and brought about a paradigm

shift in the industry by redefining shopping, recreation and leisure experiences

with the launch of City Centre in Gurgaon in 2000. The Retail Malls business is a

major thrust area for DLF. Currently, DLF is actively creating new shopping andentertainment spaces all over the country.The company has land resource of 70

msf for office and retail development, with 13 msf of projects under construction.

DLF owns and operates the luxurious Aman Resorts across the world and also has

an alliance with Hilton Group for development and management of hotels in India.

The hotel business is currently undergoing a comprehensive review by the

company as regards its future plans, commitment towards resources and the extent

of scale and size that the company aspires to achieve in this segment. DLF has a

development potential of 8 msf for its hotel business.

DLF has a strong management team running independent businesses, though

complementing each other in cases of opportunities of mixed land use. DLF's

mission is to build a world-class real estate development company with the highest

standards of professionalism, ethics and customer service and to thereby contribute

to and benefit from the growth of the Indian economy.

Page 20




Achievements and Awards

• DLF is adjudged the most respectable company by Business World

DLF has been entrusted with the honour of being ‘the most respected real

estate company in India’ in real estate category by Business World

magazine, in an awards event held at The Oberoi, New Delhi on 08

February 2011.

• G.B. Pant University conferred an Honorary Degree of Doctor of

Science to Mr KP Singh

G.B. Pant University Of Agriculture & Technology conferred an Honorary

Degree of Doctor of Science to Mr K P Singh in the April '08, in

recognition of his invaluable contribution in the field of Business

Administration.

• Business Leadership Awards: DLF chosen as the leader

DLF was chosen as the leader in the 'Building & Construction - Real

Estate' category, in the 2nd NDTV Profit Business Leadership Awards held

in New Delhi on July 27 2007. This award reaffirms DLF's leadership

position and underlines the contribution made by DLF in the real estate

sector.

• K P Singh wins special NDTV Award

Mr. K.P.Singh has won the NDTV Special Award in Business. At a

glittering awards function at the Taj Palace on January 17, the DLF

chairman was among a galaxy of eminent personalities to be honoured for

their contributions in various fields, ranging from business and politics to

sports and films.

Page 21




Share Holding Pattern

Particulars No. of

Shares(Mn)

%

Holdings

Total Promoter Holdings 1,334.80 78.6

Total Govt Holding (Promoter + Non Promoter) 0.00 0.0Total Domestic Institutions (Banks/ FI + MF / UTI) 7.45 0.4

Total Foreign Holdings (FII+NRI holdings) 255.68 15.1

Total Non Promoter Corporate Holdings 25.38 1.5

Total Public & Others (Individuals + HUF + Clearing members) 74.26 4.4

Total 1,697.57 100

Page 22




Weekly Analysis



Page 23




From the above the graph it is clear that the %age change is - 1.95

Page 24




From the above the graph it is clear that the %age change is -8.89 due to A day

after the competition watchdog imposed a Rs. 630 crore fine on real estate major

DLF for unfair business practices, the company's scrip tumbled close to 9 percent

in afternoon trade Wednesday on the Bombay Stock Exchange (BSE).

From the above the graph it is clear that the %age change is .10

Page 25




From the above the graph it is clear that the %age change is 11.7 due to India's top

listed real estate developer, met street estimates with a 12 percent rise in quarterlynet profit, hit by lower operational costs and rising interest rates in Asia's third-largesteconomy.

Page 26





From the above the graph it is clear that the %age change is -.2

Page 27




REFERENCES:

• http://www.moneycontrol.com/mccode/news/searchresult

• http://www.moneycontrol.com/india/stockpricequote

• http://www.moneycontrol.com/india/stockpricequote/powergenera

tiondistribution/reliancepower/RP

• http://www.investopedia.com/categories/stocks.asp

• http://www.statsoft.com/textbook/distribution-tables/

• http://epaper.timesofindia.com/Daily/skins/ETNEW/navigator.asp

?Daily=ETD&showST=true&login=default&pub=ET

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