OBJECTIVE OF THE STUDY:
Primary:
To do fundamental analysis and calculate intrinsic value of Public Sector Enterprises which are represented in NIFTY 50. Here PSEs is considered to be that companies where Government of India is having more than 50% stake and no other government is taken into consideration.
Secondary:
1. Analyzing historical performance.
2. Estimating growth prospect of various companies.
3. Understanding Discounted Cash Flow model and its usage.
4. To learn about linkages between share values, earnings, and expected return on capital.
SCOPE:
The analysis is based on main activities i.e. operating activities of the company and other activities are ignored. Assumptions are based on recent annual reports, past performance, current trends in that sector and statistics of RBI. We have considered only PSEs that are represented in NIFTY 50 and our assumptions are limited to those companies only and not all PSEs or any other companies.
RESEARCH DESIGN:
Research design selected for this project is descriptive.
DATA COLLECTION METHOD:
Data for our objective was collected through companies’ website i.e. secondary data and various other websites to know the current scenario.
TARGET:
Public Sector Enterprises of India representing in NIFTY 50. Here PSEs is those companies where Government of India is having more than 50% stake and not any other government.
SAMPLING TECHNIQUE:
Convenience sampling.
SAMPLE SIZE:
6 companies (basically there are 7 companies but we have ignored PowerGrid from our estimation because just two years have passed for the company going public so it is difficult to estimate and make assumptions based on it).
BENEFICIARY:
1. Investors in stock market.
2. Students pursuing professional courses like MBA, CFA, CFM and likewise.
3. Financial Institutions and Mutual Funds.
4. Ministry of Finance for disinvestment policy.
Download Full Project Report
Primary:
To do fundamental analysis and calculate intrinsic value of Public Sector Enterprises which are represented in NIFTY 50. Here PSEs is considered to be that companies where Government of India is having more than 50% stake and no other government is taken into consideration.
Secondary:
1. Analyzing historical performance.
2. Estimating growth prospect of various companies.
3. Understanding Discounted Cash Flow model and its usage.
4. To learn about linkages between share values, earnings, and expected return on capital.
SCOPE:
The analysis is based on main activities i.e. operating activities of the company and other activities are ignored. Assumptions are based on recent annual reports, past performance, current trends in that sector and statistics of RBI. We have considered only PSEs that are represented in NIFTY 50 and our assumptions are limited to those companies only and not all PSEs or any other companies.
RESEARCH DESIGN:
Research design selected for this project is descriptive.
DATA COLLECTION METHOD:
Data for our objective was collected through companies’ website i.e. secondary data and various other websites to know the current scenario.
TARGET:
Public Sector Enterprises of India representing in NIFTY 50. Here PSEs is those companies where Government of India is having more than 50% stake and not any other government.
SAMPLING TECHNIQUE:
Convenience sampling.
SAMPLE SIZE:
6 companies (basically there are 7 companies but we have ignored PowerGrid from our estimation because just two years have passed for the company going public so it is difficult to estimate and make assumptions based on it).
BENEFICIARY:
1. Investors in stock market.
2. Students pursuing professional courses like MBA, CFA, CFM and likewise.
3. Financial Institutions and Mutual Funds.
4. Ministry of Finance for disinvestment policy.
Download Full Project Report
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