Stock Market Analysis Atul

STOCK MARKET ANALYSIS
A REPORT ON

DLF LTD. & GAMMON INDIA LTD.
GROUP-19
PMB105
SUBMITED TO: Mr. GAURAV GOYAL LMTSOM WADIA THAPAR UNI.CAMPUS PATIALA.
SUBMITTED BY: ATUL SHARMA MANDEEP
SATNAM SINGH 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 start of 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 Brse (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 upand-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 in order 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
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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 companys 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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BSE: 509550 NSE: GAMMONIND ISIN: INE259B01020 Market Cap: [Rs.Cr.] 1,079 Face 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 Gammons 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, Gammons association with the construction of nuclear power projects dates back to 1959 when it completed the Pre-Stresses Concrete (PSC) Ball Tank of Indias first Atomic Reactor Plant in Trombay. Gammons projects cover businesses and projects involving highways, public utilities, environmental engineering and marine structures. Gammons expertise also covers the design, financing, construction and operation of modern bridges, viaducts, and metro rail, both on a Built-OperateTransfer (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.
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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 has received 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 Groups turnover in excess of US $ 1.5 billion.
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Awards & Achievement

Awards MSRDC Award for J.J. Hospital to Palton Road ACCE-L&T Endowment Award for Excellence in construction of Haldia Induced Draught Cooling Towers IIBE -7th Annual Award Nite for Flyover at Doveton Jn.Chennai IIBE-7th Annual Award Nite for Noida Bridge at Delhi ACCE-L&T Endowment Award for Excellence in construction of Industrial Structure, Raichur Natural Draft Cooling Towers ICI-MC-Bauchemie Award for the Most Outstanding Bridge, Kaladan Bri dge ICI-MC-Bauchemie Award for the Most Outstanding Bridge, Jadukata Bridge ACCE-Sarvamangala Award for Excellence In Construction of Karbude Tunnel ACCE-L&T Endowment Award for Excellence In Construction of Industrial Structure, Kothgudem, Natural Draft R.C Cooling Towers IIBE- Most Outstanding Bridge National Award , For CMLR Vashi Flyover IIBE- Most Outstanding National Award TO P.V.Raj Memorial. awardsificate of Merit for Akkar Bridge The Arch of Europe Gold Award IFAWPCA awardsificate for Sindhri Horizontal Silos IFAWPCA awardsificate for Thane Creek Bridge IFAWPCA Builders Award to Gammon India LTD Award By Gujarat Electricity Board
Projects J.J. Hospital Induced Draught Cooling Towers at Haldia
Year 2002 2001
Doveton Jn. Chennai 2001
Noida Bridge at Delhi Raichur Multiflue Chimney
2001
2000
Kaladan Bridge
2000
Jadukata Bridge
1999
Konkan Railway Tunnel and Viaduct
1999
Kothgudem Coolling 1998 Tower
CMLR Vashi Flyover P.V.Raj Memorial
1998
1995
Akkar Bridge Ganga Bridge Sindhri Horizontal Silos Thane Creek Bridge
1988 1987 1971
1971 1970
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Gujarat Electricity Board
1965
Certificate Achievements
Certificates Indian Concrete Institute Award for Outstanding concrete Structure Bridge on Sutlej River, Punjab Export Award for Maximum overseas Construction Contracts Secured Zero Accident By Gammon awardsificate From Nuclear Power Corporation of India Limited Parayavaram - Mittra Samman awardsificate Projects Bridge on SutlejRiver, Punjab Bridge on SutlejRiver, Punjab 200405 Year 2006
Kaiga Project Unit 3 & 2003 4 Sr Abhijeet Rajan 200203
ICI-MC- Bauchemie Award for the Most Outstanding Concrete Structure ,J.J.Hospital to Paltan Road Section ICI-MC- Bauchemie Award for the Most Outstanding Concrete Structure , Delhi Noida Bridge ACCE-L&T Endowment Award for Excellence in Construction of Haldia Induced Draught Cooling Towers
J.J.Hospital to Paltan Road Section Delhi Noida Bridge
200102 2001
Induced Draught Cooling Towers at Haldia
2001
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List of Current Projects Having Contract Value More Than 100cr.

Project Contract Value in Crore (Rs.) 603.00 196.51 189.22 156.67 294.45 118.90 159.06 621.00 118.95 631.99 304.72 356.51
Parbati HE Project Stage II SEWA HE Project Stage II KolDam hepp (4 X 200 mw) for NTPC in Himachal Pradesh. Construction of Nuclear island connected buildings & other safety related structures for PFBR at Kalpakkam Earth work of GNSS Main Canal PKG 2- cuddapah Package No. 19 Investigation, design, estimation and construction of proposed diversion scheme across peddavagu 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) BOT Nasik-Wadape-Gonde 4-Laning Package no. 20- Design & C/o of Resevoir across Modikunta vagu Stage 3 Pumping station (5X30 MW) of Kalwakurthy Lift irrigation Scheme. 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 Widening and strengthening to 4-lane of existing single / intermediate lane carriageway of National Highway No. 57 Section from Km. 230.00 to Km. 190.00 in the State of Bihar on East West Corridor under NHDP, Phase II, Pkg. No. C-II/BR-3 Design & Construction of 2-lane Elevated Road from GT Road to Golden Temple Brahmaputra Bridge near Guwahati on NH-31 in Assam Construction of 4 lane Bridge across river Kosi-BOT Construction of Gorakhpur Byepass in the state of U.P.-BOT Construction of Cable Strayed Bridge across river Chambal on Kota Byepass Rampur HE Project package - I Gajol-Hilli Road Project in West Bengal Leela Palace Hotel, Chennai MbPT
173.00 238.34 347.00 559.00 213.59 382.44 223.09 117.65 397.49
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Share Holding Pattern

Particulars No. of Shares(Mn) Total Promoter Holdings Total Govt Holding (Promoter + Non Promoter) Total Domestic Institutions (Banks/ FI + MF / UTI) Total Foreign Holdings (FII+NRI holdings) Total Non Promoter Corporate Holdings Total Public & Others (Individuals + HUF + Clearing members) Total 136.46 100 38.02 20.42 14.62 27.9 15.0 10.8 44.19 0.00 19.22 % Holdings 32.4 0.0 14.1
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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
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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
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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 no meaningful re-rating in the absence of major near-term growth catalysts.
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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 . We developed some of the first residential colonies in Delhi such as Krishna Nagar in East Delhi, which was completed in 1949. Since then we have been responsible for the development of many of Delhis other well known urban colonies, including South Extension, Greater Kailash, Kailash Colony and Hauz Khas. Following the passage of the Delhi Development Act in 1957, the state assumed control of real estate development activities in Delhi, which resulted in restrictions on private real estate colony development. We therefore commenced acquiring land at relatively low cost outside the area controlled by the Delhi Development Authority, particularly in the district of Gurgaon in the adjacent state of Haryana. This led to our first landmark real estate development project DLF Qutab Enclave, which has now evolved into DLF City. DLF City is spread over 3,000 acres 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 from development and rentals. Its exposure across businesses, segments and geographies, mitigates any down-cycles in the market. DLF has also forayed into infrastructure, SEZ and hotel businesses.
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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.
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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 and entertainment 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.
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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.
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Share Holding Pattern

Particulars Total Promoter Holdings Total Govt Holding (Promoter + Non Promoter) Total Domestic Institutions (Banks/ FI + MF / UTI) Total Foreign Holdings (FII+NRI holdings) Total Non Promoter Corporate Holdings Total Public & Others (Individuals + HUF + Clearing members) Total No. of % Shares(Mn) Holdings 1,334.80 78.6 0.00 0.0 7.45 0.4 255.68 15.1 25.38 1.5 74.26 4.4 1,697.57 100
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Weekly Analysis
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From the above the graph it is clear that the %age change is - 1.95
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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
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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 quarterly net profit, hit by lower operational costs and rising interest rates in Asia's third-largest economy.
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From the above the graph it is clear that the %age change is -.2
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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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STOCK MARKET ANALYSIS