A Study Equity Analysis with Reference to Cement Sector on Kotak Securities

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1 A Study Equity Analysis with Reference to Cement Sector on Kotak Securities B.Anjali Department of Business Administration Malla Reddy Engineering College (Autonomous) Maisammaguda, Secunderabad Mrs. k. Dhanalakshmi Assistant professor Department of Business Administration Malla Reddy Engineering College (Autonomous) Maisammaguda, Secunderabad ABSTRACT Equity Shares makes the investors share holders or stock holders in the capital market to make them buy and sell about the shares on the basis of quantity of risk. In this article researchers find out the In the context measure the stock profits and demand (for the financial year 2017)of Ambuja cement ltd. Deccan cement ltd. India cement ltd. Jk cement ltd & Ramco cement ltd were analyzed with the help of statistical tool like, Mean, Variance, Standard Deviation, T- statistics. It was concluded The company focuses on strategy that makes the operations more efficient and cutting costs wherever possible. It may results from scale from scale efficiencies, tight overhead control, and careful selection of customers, standardization and automation.as a result the company ranks high in utilizing assets efficiently and as a results, operating margin is significantly higher than competition. INTRODUCTION Stock is ownership in a company with each share of stock representing a tiny piece of ownership of the company. The more dividends you earn when the company makes a profit in the financial world, ownership is called "Equity" Towards the beginning of a business, proprietors put some subsidizing into the business to find resources, This makes obligation on the business in the state of capital as the business is a different element from its proprietors. organizations can be thought to be, for bookkeeping purposes, entireties of liabilities and resources; this is the bookkeeping condition. What is Equity Shares? Add up to value capital of an organization is partitioned into square with units of little categories, each called an offer. For instance, In this manner, the organization at that point is said to have 20, 00,000 value offers. REVIEW OF LITERATURE Choices like offer when exchanging the offer market is a troublesome assignment to do. It requires split-hair investigation as such one additionally needs astounding comprehension of the market. Value examination frames an indispensable piece of the offer exchanging Experience. Value investigation chooses the position one offer and breaking down extreme of venture. Specialized examination, central investigation and others shape a piece of the value investigation. Gives you thorough investigation of the share trading system. Get exhortation on or put resources into an offer. You will get specialized examination, history of specialized investigation, a central investigation, about 1470 B.Anjali, Mrs. k. Dhanalakshmi

2 the roulette haggle on computerized exchanging. Discover the points of interest most likely get helpful data from here. Advance yourself before you do that small exchanging. Visit the site. Discover from value investigation. Locate the present postings, the day's market, the business sectors in movement and considerably believe real from venture without a doubt you will profit more on value investigation, visit their site. NATIONAL STOCK EXCHANGE: India most put stock in names in dynamic extraordinary gainers and washouts from their site. Get the exchange confirmation, verifiable information on value investigation, chance administration this site. Observe their part's catalog their administrations. Search for the subtle elements connection above. OBJECTIVE OF THE STUDY 1. A study of project is concerned with only 5 companies from among a major players in the cement sector i.e. INDIA CEMENTS, AMBUJA &DECCAN CEMENT, RAMCO& JK CEMENT stocks. 2. TO measure a compare the cement sector in the fastest growing sector in India to heavy demand on it services in all over India. 3. To provide the overview in India cement industry. 4. To exploit this opportunity on earn profit by means in the investment this sector. 5. TO help analyze the company in understanding simple terms of invest correctly and effectively. RESEARCH METHODOLOGY The purpose in the study was collected through secondary sources in data collection method major source of a data are published stock prices in closing prices of AMBUJA, DECCAN&INDIA CEMENT,RAMCO,JK CEMENT had been collected. SECONDERY DATA: The study was mainly based on secondary data. The required data of the purpose in the study were collected from books, journal, newspapers, company information's and websites. DATA COLLECTION: The entire secondary data were collected from official websites in National Stocks Exchange (NSE). PERIOD OF THE STUDY: The study covers five automobile companies close price in a period of 12 months (WEEKLY) from January 2017 to December STUDY AREA AND UNITS The examination is worried about the a few units chose from the division of Indian cement industry. Three units were chosen from classification of cement producers (Ambuja cement Ltd, India cement Ltd and Deccan cement ltd and Jk cement Ltd and Ramco cement Ltd ). Every unit was coordinated for their Size, generation and hierarchical structure with the other unit in same class. Offers of every unit were recorded on the National stock Exchange and the posting strategies of the securities of these units guarantee relatively comparative rules issued by SEBI. five the units are very old, i.e. five decades. Unit Profile: Unit shrewd profile of the chose units is given beneath PROCEDURE OF DATA COLLECTIONS Analysis of each exploration work depends on important information and it can be gathered by two routes: by routes of primary data collection and by routes of secondary data collection. PRIMARY DATA Generally data it can be classified into primary data and secondary data. SECONDARY DATA The study was mainly based on secondary data. The required data of the purpose in the study were collected from books, journal, newspapers, company information's and websites B.Anjali, Mrs. k. Dhanalakshmi

3 TIME PERIOD The study covers five automobile companies close price in a period of 12 months (WEEKLY) from January 2017 to December were analyzing the researcher with help of mean, variance, standard deviation, T- test. HYPOTHESIS Hypothesis refers to the assumptions in made about in sample before reading of final result. It gives the directions in the whole project in the research. H0: The risk and return of the equity will not have major impact on the securities. H1: The risk and return of the equity will have major impact on the securities STATISTICAL METHODS To test the theory and to meet the targets of the investigation, crude information were treated with various types of examination. For z carrying out the examination the diverse kinds of tests were utilized like t-test and to know the unpredictability in the value of unit of test mean and standard deviation were utilized. It might be cleared up that the certainty level of likelihood to acknowledge the theory settled for T-test SUMMARY OF MEAN, STANDARD DEVIATION, VARIANCE MEAN STANDARD DEVIATION VARIANCE T-test FOR AMBUJA AND DECCAN T-test paired Two sample for means Ambuja Deccan Mean Variance Observations Pooled variance Df 100 T start P(t<=t) one- tail T critical one-tail P(T<=t)two-tail T critical two-tail B.Anjali, Mrs. k. Dhanalakshmi

4 Tabulated value is since calculated value of t-start Is much less than the tabulated value. It is highly not significant. Hence, we accept the null hypothesis. T-test FOR INDIA AND JK t-test paired Two sample for mean India Jk Mean Variance Observation Pooled variance Df 102 t-start P(T<=t) one-tail T critical one-tail P(T<=t) two-tail T critical two-tail Tabulated values is Since calculated value of t-start Is much less than the tabulated value. It is highly not not significant. Hence, We accept the null hypothesis. T-test FOR RAMCO AND AMBUJA T-test paired Two sample for means Ramco Ambuja Mean Variance Observation Pooled variance Df 100 T start P(T<=t) one-tail T critical one-tail P(T<=t) two-tail T critical two-tail B.Anjali, Mrs. k. Dhanalakshmi

5 Tabulated value is Since calculated value of t-start value. It highly not significant. Hence, We accept the null hypothesis. FINDINGS From the data analysis and interpretations of the RETURNS of three companies viz. AMBUJA, DECCAN&INDIACEMENT, JK & RAMCO and the following findings have been given: The five companies were performing well till 2017 with a positive trend in the earnings. By analyzing the current trend of Indian Economy and CEMENT Industry I have found that being a developing economy there is lot of scope for growth and this industry still has to cross many levels so there are huge opportunities to invest in and this is being proved as more and more foreign companies are setting up there ventures in India. Increase in income level, increase in consumer demand, technology development, globalization, foreign investments are few of the opportunities which the industry has to explore for developing the economy. I found the EQUITY analysis average Return has been calculated on basis of NSE's price. Here high returns of India cement (1.99) & Deccan (0.52) The stock price gain the investor getting return I found that Represents EQUITY analysis Variance has been calculated on basis of NSE's price. Here high returns of INDIAN CEMENT (40.83) & DECCAN (18.51). CONCLUSION As brand does not play an important role in the industry but price is a very important factor to sustain in the industry it favors Ambuja cement, as it is the cost leader in the industry. The company focuses on strategy that makes the operations more efficient and cutting costs wherever possible. It may result from scale efficiencies, tight overhead control, and careful selection of customers, standardization and automation. As a result the company ranks high in utilizing assets efficiently and as a result, operating margin is significantly higher than competition. Since the GDP of Indian economy is growing at 9.4% and the government is also taking initiatives for improvement of infrastructure sector, the prospect for Ambuja Cement Ltd is positive for the purpose of investment B.Anjali, Mrs. k. Dhanalakshmi