1. Security Valuation & Investment Decision With Zaveri Securities Ltd. Sagar V Moradiya Roll no-43 1 Guide : Prof. Sandhya Harkawat

2. Flow of Presentation  Introduction  About the Organization  The whole process  Portfolio Constructing  Conclusion 2

3. Introduction 3 Objectives Scope Data source Auto Banking Realty Healthcare IT FMCG Consumer Durables Steel Oil & Gas Engineering Power Media & Entertainment Others Factors to consider proper investment decision Better portfolio constructing Sector future prospect Secondary sources Bloomberg Reuter money rediff money control BSE India investment guru nse2rich yahoo finance Google finance capital market IBEF Primary source

4. About The Organization SERVICESMISSIONSTRENGTH Investment Discipline Service Excellence Independent Thinking Teamwork  Portfolio Advisory Services.  Equity Broking  Derivatives Trading  Depository Services  Mutual Funds  Public sector Bonds & Government Securities  IPOs & New Issues  Commodities Trading  Dematerialization of physical shares.  Clients  sound financial background & experience.  Team of well trained people  e- Trading.  Wealth creation seminars  Digital contract note  Value Added Services  Daily Investment Calls  Infrastructure  Derivative Strategy  Weekly recommendations  Research Reports  Market news in Chat 4

5. “ In market those firms sustain and grow their market price -have higher & consistent growth over the years” 5

6. Process to find out the intrinsic value  Taken last five years EPS  CAGR calculation  Find out the estimated EPS  Compare with the benchmark  Compare intrinsic value received with market price So, it is better to choose those company have consistency in their earning & undervalued. *benchmark = 7.91% risk free interest rate on government bond * CAGR = (Current value/beginning value)^1/5-1*100 Growing Not growing OvervaluedUndervaluedOvervaluedUndervalued 6

7. Other things to consider  Volatility (Beta)  Expected Return (CAPM)  Return on Equity  Net Profit Margin  P/E Ratio  52 week high – low  Share Holding Pattern etc. * It is assumed on base of mark mobius report that market will give 15% return in 2011 in India.(source economictimes.com April 3, 2011.) so CAPM =7.91%+ Beta (15% - 7.91%) * market is moving between 17500-19000 nowadays. 7

8. Valuation of Securities 8

9. Comparison with other parameters 9

10. Portfolio 10

11. Conclusion  Trends in market  Sectorial performance  Opportunities to invest  short term perspective  Ultimate satisfy the objective of risk minimization & higher return 11

12. Bibliography 12  “Reservoir of strength” Sintex industries, capital market, vol. xxvi/07, page no-66 on may 30- June 12, 2011.  “Network down” Patni computer system, capital market, vol. xxvi/07, page no-67, on may 30- June 12, 2011.  ‘In expansion mode” shoveling investments – j k tyre, capital market, vol. xxvi/07, page no- 5 to10, 30- June 12, 2011.  Score board and index, capital market, vol. xxvi/07, page no-29-63, may 30- June 12, 2011.  “Market mood, scorecard expectation”, money navigator published by Zaveri Securities, page no-1, 07/07/2011.  “Indian stock markets to give 15 pc return in 2011: Mark Mobius” the economic times, April 3, 2011.  Critian brentani, 2004, portfolio management in practice, first edition, Burlington, Elsevier ltd, page no-137.  Six golden rules of investing –intrinsic value- June 2011, http://getmoneyrich.com/ /Stock Price Valuation (Intrinsic Value) _ Get Money Rich - Investment Advice.htm  http://www.bloomberg.com/apps/quote?ticker=  http://in.finance.yahoo.com/q/  http://www.money-zine.com/Calculators/Investment-Calculators/CAPM-Calculator/  http:// www.money-zine.com/intrinsic-value-calculator/  http:// www.money-zine.com/ Stock Research Part I.htm  http:// www.money-zine.com/ Stock Research Part II.htm  http:// www.money-zine.com/ Stock Research Part III.htm  http://www.zaveritrade.com/ services  http://www.zaveritrade.com/fundamentalanalysis  http://www.aumassosiates.com/about us  http://www.money.rediff.com/qoutes  http://moneymatters.blog.com/auto-sector-india/  http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=  http://www.moneycontrol.com/financials/  http://www.investorguru.com/company profile

13. Continue… 13  http://tradingeconomics.com/ government-bond-yield.htm  http://nse2rich.com/ PE Ratio How to Apply in Indian Stocks « 2011 Latest Stock Tips News NSE BSE.htm  http://ibef.org/ India Knowledge Centre.htm  Auto sector report -2010 by Indian brand equity foundation-ibef.org, page no: 1-30, published in November 2010.  Banking sector report -2010 by ibef.org, page no: 3-20, published in November 2010.  FMCG sector report -2010 by ibef.org, page no: 3-22, published in November 2010.  Oil & Gas presentation- 2010 by ibef.org, page no: 3, 18-20. Published in November 2010.  Media & Entertainment presentation- 2010 by ibef.org, page no:-3-6, 15-20.Published in November 2010.  Financial services India -2010 by ibef.org, page no-3-15, published in November 2010.  Steel sector presentation- 2010 by ibef.org, page no- 3-20, published in November 2010.  Healthcare industry-2010 ibef.org, page no- 3-20, published in November 2010.  Information technology-2010 ibef.org, page no- 3-16, published in November 2010.  Real estate presentation-2010 ibef.org, page – 3-20, published in November 2010.

14. 14 Thank you