Research Project submitted
In Part Completion of Masters of Management Studies
University of Mumbai
By
Amit Kanowjia
Under the guidance of
Mr. Nikesh Ruparel
Vidyalankar Institute of Technology
Wadala (E), Mumbai – 400 037
JULY 2010
DECLARATION
I hereby declare that the project work entitled “Equity Research in Banking Sector “ submitted to “Vidyalankar Institute of Technology, wadala(E), Mumbai-400037 “ is a record of an original work done by me under the guidance of “Mr. Nikesh Ruparel“ and this project work is submitted in partial fulfillment of the requirement for the award of the degree of Masters of Management Studies (MMS). The results embodied in this report have not been submitted to any other University or Institute for the award of any degree or diploma.
Amit Kanowjia
ACKNOWLEDGEMENT
I take this opportunity to sincerely thanks and express my gratitude to my project guide Mr. Nikesh Ruparel for guiding me throughout my entire project.
The experience and the knowledge acquired over the interactions with the guide have been invaluable to say the least and will help me a great deal in my future education and career.
I would also like to thank my co-guide Mr. Jitendra Bapna for valuable input on coordination in my project.
My project was completed in a very supportive and interactive environment and has been great learning experience. Last but not the least I would like to thanks my family and friends for all the support they have provided me.
Amit Kanowjia
TABLE OF CONTENT
------------------------------------------------- Sr. No. Contents Page No. 1 ------------------------------------------------- Introduction to Equity 6 2 ------------------------------------------------- Fundamental Analysis 8 3.1 ------------------------------------------------- Qualitative Factor- Industry 10 3.2