Chapter-1 Company Profile:-

1) Swastick Safe Dep

The summary page oI Swastik SaIe Deposit & Investments Ltd. captures the inIormation on its
Live Stock Price and Volume, 52 Week High Low, Intraday and Historical Price Chart, Key
Ratios, F&O Quotes, Competitors, Comparative Analysis, Buy Sell Recommendations,
Company News and Announcements, Shareholding Pattern, Key Quarterly and Annual P&L A/c
items, and Community Prediction.
We hear about the major battles and campaigns carried out by the British, Germans, Japanese and the
Americans during World War II, historians and authors have argued about their authenticity Ior years.
Most oI this material has been done over and over again. But what about those smaller events and stories
oI the war that have never been publicized? This chapter is compiled Ior virtually everyone with an
interest in the wars oI 1937-1945 and presented in a concentrated Iorm Ior students who now have an
understandable Iascination about WWII, the greatest conIlict ever Iought by man. No previous war ever
ended like this one with the unconditional surrender oI the enemy and the subsequent occupation oI his
entire country.
Ace, with a team oI qualiIied and experienced staIIs, well-established relationships
#eason Behind Taking the Company:
Swstick SaIe Dep is having Higher EPS in the Industry oI Finance Industry. The total EPS oI
Swstick saIe dep are Rs11744.57 crore out oI Total EPS oI the Industry. Close Competitor oI this
company are TCFC Rs. 81.40 Crore So, taking Swastick saIe dep will represent whole Industry.


A company may raise capital in the primary market by way oI an initial public oIIer, rights issue
or private placement. An Initial Public OIIering (IPO) is the selling oI securities (both shares and
debentures) to the public in the primary market Ior the Iirst time. An IPO oI shares is the largest
source oI Iunds with indeIinite maturity Ior the company.
A company may raise capital in the primary market by way oI an initial public oIIer, rights

Awith and experienced staIIs, well-established relationships with other I intermediaries,

prospective investors provides the services oI Issue M wit practices to
2) Primal Healthcare Ltd
A Primal Group company is a globally integrated healthcare company that IulIills unmet medical
needs across the world. It has a growth track record oI above 29 CAGR since 1988. Piramal
Healthcare had consolidated revenues oI US$ 656 million in FY2009. PHL is currently ranked
4th in the Indian market with a diverse product portIolio spanning several therapeutic areas. It is
also one oI the largest custom manuIacturing companies with a global Iootprint oI assets across
North America, Europe and Asia.
At Piramal Healthcare, our core values oI Knowledge, Action and Care propel us to improve
the quality oI lives by democratizing healthcare. We aim to attain leadership in market share,
innovation and proIits by:
O Partnering the medical Iraternity
O Building strong capabilities to deliver product and process innovations
O Attracting and developing the best in class talent

We believe we can create value only iI we care Ior the ones we serve, that our care will have an
impact only iI it is Iollowed by timely and bold action, and that we will take timely action iI it is
backed by knowledge.

#eason Behind Taking the Company:
It has a growth track record oI above 29 CAGR since 1988. PHL is currently ranked 4th in the
Indian market with a diverse product portIolio spanning several therapeutic areas. Piramal Health
is having Higher EPS in the Industry oI Pharmaceutical Industry. The total EPS oI Piramal
Health are Rs. 773.34 crore out oI Total EPS oI the Industry. Close Competitor oI this company
are Aventis Pharma and Solvay Pharma with the EPS oI Rs. 109.64& Rs. 100.54 Crore So,
taking Pirama Health will represent whole Industry.

3) Tide Water Oil Ltd
Tide Water Oil Co. (I) Ltd., is a part oI the multi divisional Andrew Yule group that has diverse
interests in Engineering, Electrical, Tea Cultivation, Power Generation, Digital Communication
Systems and Lubricants.
Tide Water has been a pioneer oI Automotive and Industrial lubricants in India since 1928 and
has Iive plants at Howrah, Oragadam, Turbhe, Silvassa and Faridabad.
Its repertoire oI automotive products includes engine oils Ior trucks, tractors, commercial
vehicles, passenger cars and two/three wheelers. It also produces gear oils, transmission oils,
coolants and greases Ior automobiles. For industrial application it manuIactures industrial oils,
greases and speciality products like metal working Iluids, quenching oils and heat transIer oils.
Tide Water has tie-ups Ior manuIacture oI genuine oils with a number oI renowned OEMs in the
automotive and industrial equipment segment.
Quality has been key area Iocus and the company has continued to innovate with high
perIormance products keeping pace with advancements in technology and market needs. It
reaches out to its customers through its pan India distribution network with the popular Veedol
range oI products, widely accepted Ior their quality and excellence.
The company also has technical collaboration with JX Nippon Oil & Energy Corporation, the
No.1 petroleum conglomerate in Japan. Superior quality lubricants under the brand name Eneos
are manuIactured and marketed in India by Tide Water Oil
#eason Behind Taking the Company:
Tide Water Oil is having Higher EPS in the Industry oI Oil Industry. The total EPS oI Tide water
Oil are Rs. 746.67 crore out oI Total EPS oI the Industry. Close Competitor oI this company are
Castrol. So, taking Tide water Oil will represent whole Industry.

4) Bharat Bijlee

Bharat Bijlee Limited is one of the leaders in the electrical engineering industry in India. A multi-
product, multi-divisional organization, its main business segments are Transformers, Projects,
Electric Motors, Elevator Systems and Drives.
The Company's manuIacturing Iacilities are located on a 1, 93,000 square meters campus, with a
working area oI approximately 50,000 square meters, in Airoli (Navi Mumbai).
Head quartered in Mumbai, Bharat Bijlee has branches in thirteen Indian cities.
Building on diverse engineering and managerial capabilities, Bharat Bijlee has maintained a
strong growth path, consistent with its philosophy oI keeping customer and quality as key
business drivers.
Its position as a pioneer and a leading indigenous manuIacturer oI electrical and related
equipment in India has been well protected through a combination oI astute strategic planning
and cutting edge technology.
Technology breakthroughs, anticipating marketing needs, keen customer Iocus and
uncompromising thrust on product quality remain the driving Iorces Ior Iuture growth and
expansion.
It is our emphasis on quality that enables us to have one oI the highest levels oI "repeat-orders"
in the industry.



#eason Behind Taking the Company:
Swstick SaIe Dep is having Higher EPS in the Industry oI Finance Industry. The total EPS oI
Swstick saIe dep are Rs11744.57 crore out oI Total EPS oI the Industry. Close Competitor oI this
company are TCFC Rs. 81.40 Crore So, taking Swastick saIe dep will represent whole Industry.

5) BHEL
In 1956 India took a major step towards the establishment oI its heavy engineering
industry when Bharat Heavy Electricals Ltd., (BHEL) setup at Bhopal. It progressed
rapidly and three more Iactories went into production in 1965. The main aim oI
establishing BHEL was to meet the growing power requirement oI the country. BHEL
appeared on the power map oI India in 1969 when the Iirst unit supplied by it was
commissioned at the Basin Bridge Thermal Power Station in Tamilnadu. Within a
decade, BHEL had commissioned the 100th unit at Santaldih, West Bengal.
BHEL has taken India Irom a near total dependence on imports to complete selI-
reliance in this vital area oI power plant equipment. BHEL has supplied 97 oI the
power generating equipment that was commissioned in India during 1979-80. BHEL has
already supplied generating equipment to various utilities produce annually;
equipment capable oI generating 6000MW. This will grow Iurther to enable BHEL to
meet all oI India s projected power equipment requirements, as well as sizeable

portion oI export targets.
Probably the most signiIicant aspect oI BHEL s growth has been its

diversiIication. The constant reorientation oI the organization to meet the varied
needs in time with time a philosophy that has led to the development oI a total
capability
Irom concept to commissioning not only in the Iield oI energy but

also in industry and transportation. In the world power scene, BHEL ranks among
the top ten manuIacturers oI power plant equipment and in terms oI the spectrum oI
products and services oIIered, it is right on top.
BHEL s technological excellence and turnkey capabilities have won it world wide

recognition. Over 40 countries in the world over have placed orders with BHEL
covering individual equipment to complete power stations on a turnkey basis.
BHEL has its headquarters at New Delhi. Its operations are spread over 14
manuIacturing plants and number oI engineering and service divisions located
across the country. The service divisions include a network oI regional branch
oIIices throughout India.

#eason Behind Taking the Company:
BHEL is having Higher EPS in the Industry oI Electronic Industry. The total EPS oI BHEL are
Rs. 125.82 crore out oI Total EPS oI the Industry. Close Competitor oI this company are TD
Power System. So, taking BHEL will represent whole Industry.

) Bajaj Auto
Bajaj Auto is a major Indian vehicle manuIacturer started by Jamnalal Bajaj Irom Rajasthan in
the 1930s. It is based in Pune, Maharashtra, with plants in Chakan (Pune), Waluj (near
Aurangabad) and Pantnagar in Uttaranchal. The oldest plant at Akurdi (Pune) now houses the
R&D centre Ahead. Bajaj Auto makes and exports automobiles scooters, motorcycles and the
auto rickshaw.
The Forbes Global 2000 list Ior the year 2005 ranked Bajaj Auto at 1,946.
|2|
It Ieatures at 1639 in
Iorbes 2011 list.
Over the last decade, the company has successIully changed its image Irom a scooter
manuIacturer to a two wheeler manuIacturer. Its product range encompasses scooterettes,
scooters and motorcycles. Its real growth in numbers has come in the last Iour years aIter
successIul introduction oI a Iew models in the motorcycle segment.
The company is headed by Rahul Bajaj who is worth more than US$1.5 billion.
|3|

Bajaj Auto came into existence on 29 November 1945 as M/s Bachraj Trading Corporation
Private Limited. It started oII by selling imported two- and three-wheelers in India. In 1959, it
obtained license Irom the Government oI India to manuIacture two- and three-wheelers and it
went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce
and sell 100,000 vehicles in a single Iinancial year. In 1985, it started producing at Waluj near
Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single Iinancial year.
In 1995, it rolled out its ten millionth vehicle and produced and sold one million vehicles in a
year.
According to the authors oI Globality. Competing with Everyone from Everywhere for
Everything, Bajaj has grown operations in 50 countries by creating a line oI value-Ior-money
bikes targeted to the diIIerent preIerences oI entry-level buyers.
|4|

#eason Behind Taking the Company:

Bajaj Auto is having Higher EPS in the Industry oI Auto Industry. The total EPS oI Bajaj Auto
are Rs. 119.59 crore out oI Total EPS oI the Industry. Close Competitor oI this company are
Hero Motocorp with the EPS Rs.99.86 Crore So, taking will Bajaj Auto represent whole
Industry.

) Infosys
It was early in the morning oI February 10, 1999. While Mr. Nandan Nilekani read the InIosys
U.S. S.E.C. registration statement, his driver Iought his way through the smog Iilled Bangalore
traIIic. Mr. Murthy, current CEO oI InIosys Technologies Limited ('InIosys or 'the
Company), prepared to issue a press release announcing his resignation and the transition oI
Nandan to CEO. 'I am quite happy with the smooth transitioning oI the responsibility oI day-to-
day operations to Nandan. This is in keeping with our philosophy oI younger people assuming
greater responsibility.My best wishes to him in his new role.

Mr. Murthy`s best wishes notwithstanding, Nandan had quite a lot on his mind. InIosys had
grown Irom a small start-up into one oI India`s most respected soItware companies with a strong
Iinancial perIormance in the last Iew years (Appendix I comprises the Iinancial statements Ior
the Company). Just this past September, %he Economic %imes proclaimed InIosys as India`s
Company oI the Year. On January 22, 1999, the share price crossed the Indian Rs. 5,000 ($118)
mark
1
, making it the one oI the most expensive stocks in Indian history.

#eason Behind Taking the Company:
InIosys is having Higher EPS in the Industry oI technology Industry. The total EPS oI InIosys
are Rs. 116.09 crore out oI Total EPS oI the Industry. Close Competitor oI this company are
Wipro so, taking InIosys will represent whole Industry.



8) Bank of Baroda

Bank oI Baroda is one oI the most prominent banks in India, having its total assets as Rs.
1,43,146 Crores as on 31st oI March 2007. The bank was Iounded by Maharaja Sayajirao
Gaekwad III (also known as Shrimant Gopalrao Gaekwad), the then Maharaja oI Baroda on 20th
oI July 1908 with a paid capital oI Rs. 10 Lacs. From its introduction in a small building oI
Baroda, the bank has come a long way to achieve its current position as one oI the most
important banks in India. On 19th oI July 1969, Bank oI Baroda was nationalized by the
Government oI India along with 13 other commercial banks.

inancial Details
As oI March 2007, the bank had total deposits worth Rs. 1,24,915 Crores while it had a total
number oI 2956 branches located worldwide as on April 2009, out oI which 626 were located in
Metro cities, 524 in Urban areas, 642 in Semi-Urban locations, 1092 in Rural areas and 72 were
located outside India. The bank has 10 Zonal OIIices and 43 Regional OIIices which help it
control its operations nationally.

International Presence
Along with a huge network oI its branches spread across India, Bank oI Baroda has its overseas
branches located in 14 other countries, which include Bahamas, Bahrain, Belgium, China, Fiji
Islands, Hong Kong, Mauritius, Republic oI South AIrica, Seychelles, Singapore, Sultanate oI
Oman, United Arab Emirates, United Kingdom and United States oI America. Apart Irom it, the
bank has established its subsidiaries in 7 countries viz. Botswana, Ghana, Guyana, Kenya,
Tanzania, Trinidad & Tobago and Uganda, and its representative oIIices in 3 countries which are
Australia, Malaysia and Thailand.

Other Details
Bank oI Baroda had a total workIorce oI 38063 employees oIIering their services to the
institution as oI September 2006. Out oI these, 13525 were OIIicers, 16497 were Clerks while
8041 were Sub-StaII members.

The bank oIIers a wide array oI customized and specialized services to meet the diverse needs oI
its customers, and these services have been categorized into Personal Banking, Business

Banking, Corporate Banking, International Banking, Treasury Banking and Rural Banking
services.

#eason Behind Taking the Company:
Bank oI Baroda is having Higher EPS in the Industry oI Banking Industry. The total EPS oI
Bank oI Baroda are Rs. 112.40 crore out oI Total EPS oI the Industry. Close Competitor oI this
company are SBI with the EPS oI Rs. 10919 Crore So, taking Bank oI Baroda will represent
whole Industry.













9) Bharat Electronic

Corporate social Responsibility

In tune with BEL`s cherished value oI IulIilling social responsibilities, the Company is
committed to contribute Ior the socio-economic development oI its stakeholders and the business
decisions oI the Company will be in line with its corporate social obligations. BEL`s initiatives
shall aim at earning the goodwill oI the community and enhancing the image oI the Company.
Pursuing this objective, your Company has Iinalised a policy on Corporate Social Responsibility,
under which areas like health care, education, rural development, environment protection,
conservation oI resources, will be addressed.

Enviornment Management Environmental Management in BEL -In Pursuit oI Sustainable
Development Bharat Electronics Limited, in line with this global concern, has set out several
initiatives towards creating a cleaner environment and pays scrupulous attention to controlling
pollution. Development oI suitable methods and eIIective management processes, wherever they
are susceptible to pollution, supported by a conscientious workIorce, makes BEL an
environmentally responsible industry. The records indicate total compliance.

Even the quick view one registers while entering the Iactory premises oI Bharat Electronics,
presents a green picture oI the healthy environmental practices prevalent in the company. Lush-
green lawns and gardens, interspersed with trees, surround the well-maintained buildings.
Established Practices at BEL-Bangalore Complex:
Our initial endeavours towards a cleaner environment such as water treatment, air monitoring,
saIety management, bio-gas Irom canteen waste, green surroundings, etc, have now become an
inseparable part oI our procedures and a way oI liIe.

The eIIluent treatment plants, aIter treating the domestic and process eIIluents, recycle them Ior
reuse to meet approximately 42 oI the water requirement. Bharat Electronics is a Zero
Discharge company as no waste water is allowed to leave the Iactory premises. Around 2,500
Kiloliters oI water is treated and recycled every day. This not only avoids pollution but also
conserves a precious natural resource.

The company pays highest attention to comply with all legal requirements. Apart Irom strict
compliance to environmental legislation, every department continues to identiIy pollution
generating processes. Suitable control measures and process changes are established to limit
pollution much below the norms

#eason Behind Taking the Company:

Bharat Elec is having Higher EPS in the Industry oI Electronic Industry. The total EPS oI Bharat
Elec are Rs. 105.72 crore out oI Total EPS oI the Industry. Close Competitor oI this company are
Asian Electronic. So, taking Bhrat Elec will represent whole Industry.















10) 1SY Steel

1994
- The Comp. was incorporated on March 15, & the CertiIicate oI Commencement oI Business
was received on July 8. The Comp. is engaged in the business oI integrated steel. It was
promoted by the assisted sector by Jindal Iron and Steel Co. limited & Karnataka State Industrial
Investment & Development Corporation Ltd.
- The Comp. undertook to set up an integrated steel plant with a capacity oI 1.25 million TPA oI
hot rolled coils at Village Toranagallu, Dist. Bellary, Karnataka rich in iron ore reserves.
- As per the MOU entered into with KSIIDC, it was to be provided with grid support, approvals
Ior construction oI railway siding etc.
- The Comp. entered into a technical arrangement with Voest Alpine Industrieanlagenbau
|VAIs|, Ior technical details with respect to productivity, iron ore technical details etc.
- M/s. Metallurgical & Engineering Consultants |Indias| limited MECON were appointed as the
principal consultants Ior entire project M/s. MECON were responsible Ior Ieasibility study,
overall design oI plant etc.
- A Joint Venture Comp. Jindal Tractebel Power Comp. limited was set up Ior supply oI power
oI 2 x 130 MW oI power.
- Another Joint Venture Jindal Praxair Oxygen Co. |Ps| limited was also set up Ior supply oI
Oxygen. Till the power supply is adequate, two standby generators oI 2500 KVA were installed
Ior uninterrupted power supply.
- 2 x 11.5 MW diesel power plant was to be set up Ior supply to the steel plant.
1995
- The Comp. proposed to make the Iollowing changes: To set up a pellet plant with a capacity oI
3 million TPA; It was also proposed to add balancing Iacilities to improve the product quality
besides additional value added output; In the BOF the Continuous Casting shops and also in the

integrated production chain, corresponding marginal investments were proposed, linked to

enhancement oI capacity by 25; The Comp. proposed to invest in the equity capital oI joint
venture viz. M/s. Praxair Inc., USA & with Tractebel oI Belgium.
- The Comp. issued 3175,00,000-14 secured redeemable partly convertible debentures oI Rs 40
each as Iollows:
- |As| On Iirm allotment basis: 450,00,000 debentures to promoters and their associates.
505,00,000 debentures to Iinancial institutions. 158,60,000 debentures to Indian Mutual Funds.
87,50,000 debentures to FIIs. 275,00,000 debentures to NRIs/OCBs.
- |Bs| On preIerential allotment basis: 150,00,000 debentures to shareholders oI promoter
companies |only 81,68,500 debentures taken ups|. 12,50,000 debentures to employees oI Comp.
& promoter companies |only 4,28,500 debentures taken ups|. 211,40,000 debentures to Indian
Mutual Funds |158,60,000 debentures taken ups|. 175,00,000 debentures to FIIs |only 17,50,000
debentures taken ups|. 100,00,000 debentures to NRIs & OCBs |64,25,500 debentures taken
ups|. 37,50,000 debentures to Financial Institutions/banks |only 5,00,000 debentures taken ups|.
- Balance 1012,50,000 debentures along with 463,92,500 debentures unsubscribed under
preIerential quota was issued to the public.
- Part A oI Rs 20 was automatically converted into two equity shares oI Rs 10 each at par on date
oI allotment i.e. 15.4.1995.
- Part B oI Rs 20 was to be redeemed at par in Iour equal annual instalments at the end oI 6th,
7th, 8th and 9th year respectively Irom the date oI allotment.
- 53,35,150 No. oI equity shares oI Rs 10 each issued, subscribed 53,46,64,850 No. oI equity
shares oI Rs 10 each were issued in 1995 oI which 399,664,850 No. oI equity shares were
reserved Ior allotment on a Iirm basis to promoters & their associates. Balance 135,000,000
shares were issued to the public. 635,000,000 No. oI equity shares allotted on conversion oI
PCDs.

- The Comp. has issued 13.5 Crore Equity Shares oI Rs. 10/- per share at par, aggregating Rs.
135 Crore & 27.25 Crore 14 Secured Redeemable Partly Convertible Debentures oI Rs.40/-
each Ior cash at paraggregating Rs. 1090 Crore.
- Praxair has entered into a Joint venture with Jindal Vijayanagar Steel to build & operate world
largest cryogenic air separation plants Ior supply oI oxygen, nitrogen & argon to Jindal
integrated steel Iacility in Bellary in Karnataka.
1996
- The Iirst Corex unit is slated Ior commissioning by October '97. The Contract Ior second unit
oI Corex has been signed with VAI & this unit will be commissioned by April-May 1998.
1997
- The BOF and CCP Units were to be commissioned by September/October to synchronize with
the commissioning oI Iirst unit oI Corex.
- The Comp. has entered into a Joint venture with M/s. Mysore Minerals Limited |A Government
oI Karnataka Undertakings| the Lease-holder oI Thimmappanagudi deposits, to Iorm Jindal
Mysore Minerals Mining Comp. Private Ltd., a new joint venture Comp. a Memorandum oI
Understanding to this eIIect has been signed with Mysore Minerals Limited on 17th January.
- The State-owned Mysore Minerals Ltd & Jindal Vijaynagar Steel Ltd have entered into an
MoU under which a joint venture will be Iormed to explore, develop & mine iron ore in Bellary
district.
- JVSL had commissioned the Iirst phase oI roughing mill oI its hot strip mill in March 1997
#eason Behind Taking the Company:
JSY Steel is having Higher EPS in the Industry oI Steel Industry. The total EPS oI JSY Steel are
Rs. 100.34 crore out oI Total EPS oI the Industry. Close Competitor oI this company are Visa
Steel So, taking JSY Steel will represent whole Industry.

11) Nestle
Nestle`s relationship with India dates back to 1912, when it began trading as The Nestle Anglo-
Swiss Condensed Milk Company (Export) Limited, importing and selling Iinished products in
the Indian market.

AIter India`s independence in 1947, the economic policies oI the Indian Government emphazised
the need Ior local production. Nestle responded to India`s aspirations by Iorming a company in
India and set up its Iirst Iactory in 1961 at Moga, Punjab, where the Government wanted Nestle
to develop the milk economy. Progress in Moga required the introduction oI Nestle`s
Agricultural Services to educate, advise and help the Iarmer in a variety oI aspects. From
increasing the milk yield oI their cows through improved dairy Iarming methods, to irrigation,
scientiIic crop management practices and helping with the procurement oI bank loans. Nestle set
up milk collection centres that would not only ensure prompt collection and pay Iair prices, but
also instil amongst the community, a conIidence in the dairy business. Progress involved the
creation oI prosperity on an on-going and sustainable basis that has resulted in not just the
transIormation oI Moga into a prosperous and vibrant milk district today, but a thriving hub oI
industrial activity, as well. For more on Nestle Agricultural Services, click here.

Nestle has been a partner in India's growth Ior over nine decades now and has built a very special
relationship oI trust and commitment with the people oI India. The Company's activities in India
have Iacilitated direct and indirect employment and provides livelihood to about one million
people including Iarmers, suppliers oI packaging materials, services and other goods.

The Company continuously Iocuses its eIIorts to better understand the changing liIestyles oI
India and anticipate consumer needs in order to provide Taste, Nutrition, Health and Wellness
through its product oIIerings. The culture oI innovation and renovation within the Company and
access to the Nestle Group's proprietary technology/Brands expertise and the extensive
centralized Research and Development Iacilities gives it a distinct advantage in these eIIorts. It
helps the Company to create value that can be sustained over the long term by oIIering
consumers a wide variety oI high quality, saIe Iood products at aIIordable prices.

Nestle India manuIactures products oI truly international quality under internationally Iamous
brand names such as NESCAFE, MAGGI, MILKYBAR, MILO, KIT KAT, BAR-ONE,
MILKMAID and NESTEA and in recent years the Company has also introduced products oI
daily consumption and use such as NESTLE Milk, NESTLE SLIM Milk, NESTLE Fresh 'n'
Natural Dahi and NESTLE Jeera Raita.

Nestle India is a responsible organization and Iacilitates initiatives that help to improve the
quality oI liIe in the communities where it operates.

#eason Behind Taking the Company:
Nestle is having Higher EPS in the Industry oI Food Industry. The total EPS oI Nestle are Rs.
92.46 crore out oI Total EPS oI the Industry. Close Competitor oI this company are FAG
Bearings with the EPS oI Rs. 91.95 Crore So, taking Nestle will represent whole Industry.

12) Asian Paint

Asian Paints is India's largest and Asia's third largest paint company today, with a
turnover oI Rs 44.04 billion (around USD 1.1 billion). The company has an enviable reputation
in the corporate world Ior proIessionalism, Iast track growth and building shareholder equity.
Asian Paints operates in 20 countries and has 28 paint manuIacturing Iacilities in the world
servicing consumers in over 65 countries. Besides Asian Paints, the group operates around the
world through its subsidiaries, Berger International Limited, Apco Coatings, SCIB Paints and
Taubmans.
The history oI AP dates back to 1942. It was started by Iour entrepreneurs, Champaklal
Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vakil, as a partnership Iirm Ior
manuIacturing paints. Asian Paints has the largest range oI colours in the market (e.g. Over 127
shades oI green, 206 shades oI blue, 118 shades oI yellow and many others) and the outlet allows
the consumer to choose any among a vast range oI colors with the help oI a computer. Asian
Paints is the market leader in the highly Iragmented and highly competitive Rs 7750 crore ($1.73
Bn) Indian paint Industry. The organized sector constitutes around Rs 5400crore ( $1.2 Bn).
Q 1: The customer today is much more involved with the process oI painting and is looking at
the whole experience oI interior decoration as well as painting as an expression oI their
personalities. They are buying into a product that`s promising selI-expression, sophistication,
technology and even services. How should APIL`s advertising evolve itselI to remain
continuously relevant to these customers?

#eason Behind Taking the Company:
Asian Paint is having Higher EPS in the Industry oI Paint Industry. The total EPS oI Asian Paint
are Rs. 85.97 crore out oI Total EPS oI the Industry. Close Competitor oI this company are ICI
India Ltd. So, taking Asian Paint will represent whole Industry.

13) Bajaj Holdings
Bajaj Finserv Lending oIIers loans Ior various needs. We oIIer loans Ior Bajaj Auto Two
Wheelers under the name oI Bajaj Auto Finance Ltd. We oIIer Consumer Durable Loans,
Personal Loans, Loan Against Property, Small Business Loans, Construction Equipment Loans,
Loan Against Securities and Insurance Services under the name oI Bajaj Finserv Lending.
Bajaj Finserv Lending is one oI the most diversiIied NBFCs in the market catering to more than
5 million customers across the country. Apart Irom being a well recognized organization, we
pride ourselves Ior holding the highest credit rating oI FAAA/Stable Ior any NBFC in the
country today. Our product oIIerings include Consumer Durable Loans, Personal Loans, Loan
Against Property, Small Business Loans, Two-wheeler and Three-wheeler Loans, Construction
Equipment Loans, Loan Against Securities and Insurance Services.
Our unique products Ieature across all categories and oIIer a compelling value proposition to our
customers. Our strong presence in the Indian market Ior over 23 years has enabled us to establish
a strong Ioothold here and we aim to continuously provide our customers with premium service
and exclusive beneIits.

#eason Behind Taking the Company:

Bajaj Holding is having Higher EPS in the Industry oI Holding Industry. The total EPS oI Bajaj
Holding are Rs. 83.43crore out oI Total EPS oI the Industry. Close Competitor oI this company
are Bajaj Finance with the EPS oI Rs. 79.44 Crore So, taking Bajaj Holding will represent whole
Industry.

14) Maruti Suzuki
Maruti Suzuki India Ltd. is a leading manuIacturer oI Iour-wheeler in India. Born in 1983 with
the mission to motorise India, Maruti was a joint venture between Government oI India and
Suzuki Motor Corporation, Japan. It quickly grew into the largest compact car making company
oI India and remained so till 2004. The company started with Suzuki holding the minor stakes oI
the company while GoI holding the major stakes. As oI present, GoI has disinvested its stakes in
the company completely, and handed over the management oI company to Suzuki Motor
Corporation. Today, Maruti and its partners employ more than 75000 employees. Its
manuIacturing Iacilities are located at two locations, Gurgaon and Manesar, both south oI New
Delhi.



Maruti`s Green Philosophy stems Irom its use oI 'Three R`s: Reduce, Recycle and Reuse policy
in its plants, so that there is a minimal stress on natural resources. The company has launched a
number oI initiatives under its Three R`s umbrella to make the plants more eIIicient in terms oI
resource usage. It is also certiIied with ISO 14001:1996 Ior its Environment Management
System programme and uses the principle oI 'Smaller, Iewer lighter, shorter and neater Ior its
operations.



Maruti in recent years, owing to several innovative measures like investing in green equipments,
its employee-driven campaigns and Kaizens (shop Iloor improvements), has drastically reduced
the consumption oI power and water and the waste generation in its Iacilities. Company also
credits this decrease in utility consumption to its adoption oI 'just-in-time approach towards
operations. Some oI the Iacts and Iigures supporting Maruti`s claims are (Iigures available Ior
year 2007):

#eason Behind Taking the Company:
Maruti Suzuki is having Higher EPS in the Industry oI Automobile Industry. The total EPS oI
Maruti Suzuki are Rs. 82.12 crore out oI Total EPS oI the Industry. Close Competitor oI this
company are Hind Motors. So, taking Maruti Suzuki will represent whole Industry.

15) Tata Steel
Almost every product in every country contains steel or was made using it, it is the most
important, multi-Iunctional and adaptable oI all materials. Join us and make a diIIerence.
Tata Steel Europe is Europe's second largest steel producer with main steelmaking operations in
UK and the Netherlands.

Tata Steel Europe comprises three operating Divisions, Strip Products, Long Products and
Distribution & Building Systems and has a global network oI sales oIIices and service centres,
employing around 37,000 people worldwide.

Tata Steel is a leading supplier to many oI the most demanding markets around the world
including construction, automotive, packaging, mechanical and electrical engineering, metal
goods, and oil & gas. With innovation and continuous improvement at the heart oI its business
perIormance, Tata Steel aims to create value by oIIering a diIIerentiated product range supported
by unrivalled customer service.

Tata Steel Europe is a subsidiary oI Tata Steel, one oI the world's top ten steel producers. With a
combined presence in nearly 50 countries, the Tata Steel Group including Tata Steel Europe,
Tata Steel Thailand and NatSteel Asia, has approximately 80,000 employees across Iive
continents and a crude steel production capacity oI over 28 million tonnes.

#eason Behind Taking the Company:
Tata Steel is having Higher EPS in the Industry oI Steel Industry. The total EPS oI Tata Steel
are Rs. 82.12 crore out oI Total EPS oI the Industry. Close Competitor oI this company are Visa
Steel So, taking Tata Steel will represent whole Industry.

Chapter 2 Calculation of Index:-

There mainly three methods Ior calculating the index which are Iurther sub divided. So, there are
Iive methods oI calculating the index which are as Iollows:

1) Market capitalization weighted:-

When you decide on the investment in a particular stock you should consider the size oI the
company that issues it. Additionally, you should decide on the amount oI the money you
allocate. This is required since companies oI diIIerent sizes react in a diIIerent way to market
conditions and changes. Company size can be classiIied in one oI the two ways:

i) By revenue
ii) By market capitalization (also known as market cap)

The Iirst classiIication, namely by revenue, is rarely used. This is so since the diIIerences
observed Irom one industry to anther usually distort the size oI the company.

On the other hand, the most commonly used measure is the second one market capitalization.

Market Capitalization Calculation
Use the Iollowing Iormula to estimate cap;

Market cap (number oI outstanding share)* (current stock price)

a) ull market capitalization method: In this method, the no. oI shares outstanding
multiplied by the market price oI a company`s shares determines the scrip`s weight
age in the index.
b) ree float market capitalization method: in this method, the weight oI a scrip is
based on the Iree Ilot market capitalization which excludes strategic investments in a
company such as the stake held by government, promoter.
c) Modified capitalization weighted: this method sets a limit on the percentage weight
oI the largest stock or group oI stocks.


2) Price weighted index:

In this method, the price oI each stock in the index is summed up which is then equated
to an index starting value. A stock index in which each stock inIluences the index in
proportion to its price per share. The value oI the index is generated by adding the prices
oI each oI the stocks in the index and dividing them by the total number oI stocks.
Stocks with a higher price will be given more weight and, thereIore, will have a greater
inIluence over the perIormance oI the index.

3) Equal weighting:

In this method, each stock` percentage weight in the index is equal and hence all stocks
have an equal inIluence on the index movement.

1) Market Capitalization Method:

a) ull Market Capitalization:-


Company

Last
price
No. oI Share
Outstanding
Market
Capitalization
Weight Index
Swastik SaIe
Deposit
6.61 240000 1586400 3.26433E-07 0.51785403
7
Piramal Health 357.2 167916044 59979610917 0.012342002 740268470.
4
Tide Water oil 7096.0
5
871200 6182078760 0.001272086 7864136.28
6
Bharat Bijlee 728.15 565160 411521254 8.46787E-05 34847.0889
9
BHEL 1739.3 489520000 8.51422E11 0.175197095 1.49167E
11
Bajaj Auto 1625.7 289367020 4.70424E11 0.096799118 455366249
68
InIosys 2271.2 574151559 1.30401E12 0.268326701 3.49902E
11
Bank oI Baroda 762.1 391546079 2.98397E11 0.061401192 183219479
73
Bharat
Electronic
1604 80000000 1.2832E11 0.026404401 338821269
8
JSY Steel 687.8 223117200 1.5346E11 0.031577459 484587725
2
Nestle 4381.2 96415716 4.22417E11 0.086920632 367167120
31
Asian Paint 3188.7
5
95919779 3.05864E11 0.062937662 192503773
05
Bajaj Holdings 743.3 111293510 82724465983 0.01702221 140815320
7
Maruti Suzuki 1103.0
5
288910060 3.18682E11 0.065575231 208976615
25
Tata Steel 476.95 959214450 4.57497E11 0.094139206 430684354
27
Total 4.8598E12 1 6.9325E1
1

B) ree loat Index:-










Company Last
price
No. oI Share
Outstanding
Promoter Free Flot Market
Capitalization
Weight Index
Swastik SaIe
Deposit
6.61 240000 178535 61465 406283.65 1.49984E-07 9.91397E-07
Piramal Health 357.2 167916044 89515400 78400644 28004710037 0.010338266 3.692828486
Tide Water oil 7096.05 871200 228410 642790 4561269980 0.001683846 11.94865584
Bharat Bijlee 728.15 565160 2019394 -1454234 -1058900487 -0.00039091 -0.28463782
BHEL 1739.3 489520000 331510400 1.58E08 2.74826E11 0.101455262 176.4611374
Bajaj Auto 1625.7 289367020 144733332 1.45E08 2.35131E11 0.086801349 141.1129525
InIosys 2271.2 574151559 92085078 4.82E08 1.09487E12 0.404183817 917.9822863
Bank oI Baroda 762.1 391546079 223279579 1.68E08 1.28236E11 0.047339779 36.07764587
Bharat Electronic 1604 80000000 60689600 19310400 30973881600 0.01143437 18.34072945
JSY Steel 687.8 223117200 84143661 1.39E08 95586000124 0.035286688 24.27018388
Nestle 4381.2 96415716 60515079 35900637 1.57288E11 0.058064654 254.3928608
Aasian Paint 3188.75 95919779 50201032 45718747 1.45786E11 0.053818476 171.6136662
Bajaj Holdings 743.3 111293510 42415855 68877655 51196760962 0.018899882 14.04828228
Maruti Suzuki 1103.05 288910060 156618440 1.32E08 1.45924E11 0.053869648 59.42091559
Tata Steel 476.95 959214450 293492790 6.66E08 3.17516E11 0.117214718 55.90555978
Total 2.70884E12 1 1884.983068

C) Modified Capitalization Index:-










Company Last
price
No. oI
Share
Outstanding
Market
Capitalization
Weight New
Weight
modiIy
weight
Index
Swastik SaIe
Deposit
6.61 240000 1586400 3.26433E-07 2.23041E-10 3.26656E-07 2.1592E-06
Piramal Health 357.2 167916044 5.998E10 0.012342002 8.43288E-06 0.012350435 4.4115753
Tide Water oil 7096.05 871200 6.182E09 0.001272086 8.69174E-07 0.001272955 9.03295408
Bharat Bijlee 728.15 565160 411521254 8.46787E-05 5.78582E-08 8.47366E-05 0.06170093
BHEL 1739.3 489520000 8.514E11 0.175197095 0.000119706 0.175316802 304.928513
Bajaj Auto 1625.7 289367020 4.704E11 0.096799118 6.61396E-05 0.096865258 157.47385
InIosys 2271.2 574151559 1.304E12 0.268326701 0.068326701 0.336653403 764.607208
Bank oI Baroda 762.1 391546079 2.984E11 0.061401192 4.19534E-05 0.061443146 46.8258214
Bharat Electronic 1604 80000000 1.283E11 0.026404401 1.80413E-05 0.026422442 42.3815969
JSY Steel 687.8 223117200 1.535E11 0.031577459 2.15758E-05 0.031599035 21.7338165
Nestle 4381.2 96415716 4.224E11 0.086920632 5.939E-05 0.086980022 381.076871
Aasian Paint 3188.75 95919779 3.059E11 0.062937662 4.30032E-05 0.062980665 200.829596
Bajaj Holdings 743.3 111293510 8.272E10 0.01702221 1.16307E-05 0.01703384 12.6612536
Maruti Suzuki 1103.05 288910060 3.187E11 0.065575231 4.48054E-05 0.065620036 72.3821808
Tata Steel 476.95 959214450 4.575E11 0.094139206 6.43222E-05 0.094203528 44.9303726
Total 4.86E12 0.268326701 0.06882663 1.06882663 2063.33731

2) Price Weighted Index:-

Company
Last
price
Weight Index
Swastik SaIe
Deposit
6.61 0.00024691 0.001632046
Piramal Health 357.2 0.01334262 4.765982752
Tide Water oil 7096.05 0.26506124 1880.887844
Bharat Bijlee 728.15 0.02719884 19.80483705
BHEL 1739.3 0.06496868 113.0000303
Bajaj Auto 1625.7 0.06072534 98.72118899
InIosys 2271.2 0.08483693 192.6816359
Bank oI Baroda 762.1 0.02846699 21.69469201
Bharat Electronic 1604 0.05991477 96.10329845
JSY Steel 687.8 0.02569163 17.67070631
Nestle 4381.2 0.1636525 716.9943342
Aasian Paint 3188.75 0.1191105 379.8135979
Bajaj Holdings 743.3 0.02776475 20.63753541
Maruti Suzuki 1103.05 0.04120261 45.44854286
Tata Steel 476.95 0.01781568 8.49718888
Total 26771.36 1 3616.723047

3) Equal Weighted Index-
Company Last price Weight Index
Swastik SaIe
Deposit
6.61 0.06666666 0.440666623
Piramal Health 357.2 0.06666666 23.81333095
Tide Water oil 7096.05 0.06666666 473.0699527
Bharat Bijlee 728.15 0.06666666 48.54332848
BHEL 1739.3 0.06666666 115.9533217
Bajaj Auto 1625.7 0.06666666 108.3799892
InIosys 2271.2 0.06666666 151.4133182
Bank oI Baroda 762.1 0.06666666 50.80666159
Bharat Electronic 1604 0.06666666 106.9333226
JSY Steel 687.8 0.06666666 45.85332875
Nestle 4381.2 0.06666666 292.0799708
Aasian Paint 3188.75 0.06666666 212.5833121
Bajaj Holdings 743.3 0.06666666 49.55332838
Maruti Suzuki 1103.05 0.06666666 73.53665931
Tata Steel 476.95 0.06666666 31.79666349
Total 26771.36 1 1784.757155

Chapter -3 Bibliography:-

a) Web Site
O www.moneycontrol.com

O www.nseindia.com




b) Book

Bharti V. Pathak , The Indian inancial System, Second Edition