INDEX

SR PAGE
CHAPTER NAME
NO. NO.

1 Executive Summary 1

2 Introduction 2

3 Industry Profile 3-10

4 Company Profile 11-14

5 Task Assignment 15-28

6 Task Report 29-30

7 Learning From the Project 31

Contribution of the Host

8 32
Organization

9 Conclusion 33
 CHAPTER-1

EXECUTIVE SUMMARY

PROJECT TITLE: - DESK RESEARCH ON EQUITY

SELECTED COMPANY: - RELIGARE BROKING LIMITED RAHURI.
DURATION OF RESEARCH: - 30TH JAN 23 TO 10TH FEB 23

As per the B.Voc (BFSI) Curriculum at the 4th semester all students are required to
undergo a subject of Desk Research on equity for the period of 15 days and we all are completed this
Research in particular period. This project is basically about equity market.
The equity market is the most volatile market is difficult to understand as the
weather through this does not mean that the market cannot be predicted but it only means that trends
may change without warning
We learned about overall equity market including, demat account opening process,
how to buy & Sell Shares, portfolio management, paper trading etc. Before we visit this Religare
broking Ltd office we all Create a group and Reached our HOD Sir and they give some instruction
and we all are Followed all their instructions strictly. This project is about understanding the data and
facts about the particular, companies’ shares, market volatility.
On the visiting the Religare broking limited we seen there many computer &
employees. they always watch on this computer screen & shows the market fluctuations means stock
market index, companies names, there shares, price volume & figures this project explains the various
Reasons that affecting the value of the shares. It is also indicating that how rates of the stocks can
Fluctuate.

1
 CHAPTER-2

INTRODUCTION

In this research period we learn about equity market. Equity is a part of share
market; equity means a company is the amount of money that’s company’s owner has put into it or
owns
We learn why equity is important what’s advantages, disadvantages of
equity. How to issue IPO, how the done equity valuation and how study companies fundamental. And
what is the purpose. We learn fundamental analysis formulas. we study about some company and
their capital & working and many things
We have study about the share market. In this report we mentioned about
demat account, company profile and many things.
We all are gain the knowledge about the share market. In the report we mentioned Intraday trading
how its work and all about Intraday. Also, in this report we mentioned about commodity markets,
foreign exchange option trading, future trading and other investment option like mutual funds, govt.
Bond
LIC policy PPF, and study about difference in this investments option.
Here present some investments option and their performance and their
return, advantages, disadvantages all are point mentioned in this report.
We study many methods of share market and we mentioned it. In this report we mentioned about
some company performance in share market last few years. Here present them.

2
 CHAPTER-3

INDUSTRY PROFILE

A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also
called shares), which represent ownership claims on businesses; these may include securities listed
on a public stock exchange, as well as stock that is only traded privately, such as shares of private
companies which are sold to investors through equity crowdfunding platforms. Investment is usually
made with an investment strategy in mind.
• Security
A term security is used for financial instruments that can be treated in financial markets these
financial instruments including stocks, bonds, debentures. Securities are tradable financial
instruments which can be used to raise capital in public and private market.

There are four types of Securities

1) Equity
2) Bond

1) Equity -
Equity is the amount of capital invested by the owner of company. In simple words equity for
shareholders is equal to total assets minus total liabilities.

Features of Equity:
a) Redeeming Capital
If you have purchased the shares from a company then the only you can claim the companies
value in case of liquidation. Another way to get return on investment on equity is dividend,
and trade the share when its value is increase than your purchase price.
b) Voting rights
Equity shareholders possess voting rights and select the company’s management.
c) Limited liability
Ordinary shareholders of the company are not directly impacted by the loss of company They
only feel the impact of depreciation of the value of shares they hold, which would impact on
their net worth and their profit turning prospect.

3
Types of Equity:
Following are the types of Equity
a) Shares:
The units of particular ownership in company are known as shares. They are traded over the
designated stock exchanges are National Stock Exchange (NSE) and Bombay Stock
Exchange (BSE).

b) Equity mutual fund Investments: Mutual fund investment is the diversified method of
investment where capital is collected from various investors and investors fund in
management by fund manager. Based on market capitalisation equity mutual fund is divided
into following types

I. Large cap equity fund.

II. Mid cap equity fund.
III. Small cap equity fund.

c) Equity Future: These are investment instruments where investor have an obligation of
purchasing or selling underlining asset at predetermined price. Equity future generally come
with an expiry period of three month and the settlement day is last Thursday of third month.

d) Equity Option: Equity options are akin to the future where parties involve are not legally
obliged to follow up on their agreement.

e) Arbitrage scheme: Arbitrage refers to the process of buying and selling securities in different
exchanges. Investors can invest in arbitrage funds which are equity-oriented fund with
primary investment in equities, debt or money market instruments.

f) Alternative fund investment: Individual can choose to invest in equity instruments through
alternative funds which comprise different pooled in investment funds that primarily invest in
hedge funds, venture capital, manage future and private equity.

Advantages of Equity:
There are several advantages of Equity. Investing in equity provides high return to the investor.
Investing in equity is one type of hedge against inflation because investor in equity earn high return.
Investment in shares us easy for investors. Investor can avail the service of stock broker or investment
planner for investment. Individual can buy or sell shares in few minutes if he/she has knowledge to
use demat account.
Disadvantages of Equity:
Equity also has few disadvantages some of them are Investigating in equity have high market risk.
An investor can risk to losing their entire investment corpus by investing in equity. As a result of
return from investment is not according to the acceptations of investors there is high risk. Alsodue to
liquidity risk investor sell their shares at very low price than its market value.

4
2) Bond:
A bond is a one type of loan to the company or government. It gives a fix rate of return to the investor
on their investments. Bond are helps us to balance the risk because of their safety.
Features of Bond:
a) Face value
Face value implies the price of a single unit of bond issued by an enterprise. Principal,
Nominal or per value is used alternatively to refer to the price of bond. Under the legal
obligation to return this value to the investor after stipulated period.

b) Interest or coupon rate

Bond increase fix rate of interest for the creditors across their tenure. Bond interest rate is
known as coupon rate.

c) Tenure of bond
The period after which bond mature is known as tenure. These bonds with maturity period
below than 5 years are call short term bond, between 5-12 years are called mid-term bonds
and the maturity period for long term bond is more than 12 years.

Types of Bonds:
Follow are the types of bonds
a) Fixed interest bond
Fixed interest bonds are the debt instruments which gives the consists interest rate benefit to
the investor.
b) Floating interest bond
In floating interest bonds investor get return according to the market fluctuation and elastic
within their tenure.
c) Inflation linked bonds
Inflection link bonds are special debt instrument designed to control the impact of economic
inflation on the face value and interest rate of the bond

Advantages of Bonds:
Investment in bonds is advantageous to the investor because bonds are long term investment
option gives stability and guaranteed returns to the customer in comparison to other investments
option. Bonds gives higher interest rates than bank deposits also we can use the government bonds as
a collateral security when applying for loan to bank.
Disadvantages of Bonds
In case of bond investment, a company’s bond holder may lose their money if the
companies go bankrupt. There is no guarantee of how much money will remain to repay bondholder
on their investments. Bond price can fluctuate depending on the issuers credit rating

5
Stock Exchanges
Two major stock exchange
1. NSE -National stock exchange
2. BSE: - Bombay stock exchange

1) NSE
National Stock Exchange of India Limited (NSE) is the leading stock exchange under the ownership
of various group of domestic and global financial institutions, public and privately owned entities and
individuals. It is located in Mumbai, Maharashtra It is the world’s largest derivatives exchange in
2021 by number of contracts traded based on the statistics maintained by Futures Industry Association
(FIA), a derivatives trade body. NSE is ranked 4 in the world in cash equities by number of trades as
per the statistics maintained by the World Federation of Exchanges (WFE) for the calendar year 2021.
It is under the ownership of some leading financial institutions, banks, and insurance companies. NSE
was established in 1992 as the first dematerialized electronic exchange in the country. NSE was the
first exchange in the country to provide a modern, fully automated screen-based electronic trading
system that offered easy trading facilities to investors spread across the length and breadth of the
country.

6
2) BSE
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange and is
the leading stock exchange under the ownership of Ministry of Finance, Government of India. It is
located on Dalal Street in Mumbai Established in 1875 by cotton merchant Premchand Roychand, a
Jain businessman. it is the oldest stock exchange in Asia and also the tenth oldest in the world. The
BSE is the 8 largest stock exchange with an overall market capitalisation in the world with more than
276.713 lakh crore, as of January 2022.

7
Listing Procedure for NSE and BSE

Listing of securities can be done in either Capital Market or Wholesale Debt Market. There is a NSE
and BSE Listing procedure to be followed but before that lets look at the eligibility requirement.

❖ Basic Eligibility Requirement

• Company must be registered as a Public Company under Companies Act 1956 or
Companies Act 2013.
• Company should be at least 3 years old and 2 years should be positive net worth.
• Post issue paid-up capital should not be more than 25 Cr.
• Documents requirement for NSE Listing.
• A profile of the promoters and company management.
• Company profile with details of project undertaken.
• Certified Copies of Annual Report for the last 3 years.
• Certified Copies of Draft Offer Document.
• Certified copies of Memorandum & Articles of Association of the company.
• 5 years projected business plan with the balance sheet, PL & Cashflow.

❖ Submission of Memorandum and AOA

It requires that the Articles of Association of the Issuer wanting to list its securities on NSE
should be submitted. If any of the provisions in the AOA are not at par with the corporate
practice then it has to be removed by making amendments in the AOA.

❖ Approval of Draft Prospectus

The Issuer shall file the draft prospectus and mandatory application forms with National Stock
Exchange. The draft prospectus is prepared in accordance with the laws mentioned etc.
National Stock Exchange will peruse the draft prospectus only from the point of view of
checking and then if any approval is given by National Stock Exchange in respect of the draft
prospectus it should not be considered as approval under any laws, rules, any other guidelines,
etc. The Company should also submit SEBI, the letter indicating observations on the draft
prospectus or letter of offer by SEBI.

❖ Submission of Application
Issuers who desire to list on NSE with their existing or new securities shall make an
application to NSE for admission of their securities in the prescribed forms and fees, if any.

8
❖ Benefits of NSE and BSE Listing:

Benefits of Stock Exchange Listing are as follows:

9
Benefits for companies

10
 CHAPTER-4

COMPANY PROFILE

Religare Enterprises Limited (REL) is a diversified financial services group present across three
verticals. REL offers an integrated suite of financial services through its underlying subsidiaries and
operating entities, including loans to SMEs, Affordable Housing Finance, Health Insurance and Retail
Broking REL is listed on the BSE (formerly Bombay Stock Exchange) and National Stock Exchange
(NSE) in India.

Religare Enterprises Limited

LEANDING

HEALTH INSURANCE

RETAIL BROKING

FOUNDED :-1982

RAHURI BRANCH :-2004

HEADQUARTER :-NEW DELHI,INDIA

TYPE :-PUBLIC

MODEL :-FRENCHIES

OUR CENTER. :-RELIGARE SECURITY LIMITED, RAHURI,

MALHARWADI ROAD,

TRANINNER :-MR. PRAVIN C SINGHI

11
Branch Overview:

Religare Securities Ltd in Rahuri, Rahuri, Ahmednagar is a top player in the category Stock Brokers
in the Rahuri, Ahmednagar. This well-known establishment acts as a one-stop destination servicing
customers both local and from other parts of Rahuri, Ahmednagar Over the course of its journey. This
business has established a firm foothold in its industry. The belief that customer satisfaction is as
important as their products and services, have helped this establishment garner a vast base of
customers, which continues to grow by the day. This business employs individuals that are dedicated
towards their respective roles and put in a lot of effort to achieve the common vision and larger goals
of the company. In the near future, this business aims to expand its line of products and services and
cater to a larger client base. In Rahuri, Ahmednagar, this establishment occupies a prominent location
in Rahuri. It is an effortless task in commuting to this establishment as there are various modes of
transport readily available. It is at Malharwadi Road, Near Ghorpade Hospital, which makes it easy
for first-time visitors in locating this establishment. It is known to provide top service in the following
categories: Stock Brokers

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RELIGARE BROKING LTD, RAHURI.

13
 RELIGARE OFFICE STAFF

TRAINING CERTIFICATE ISSUED

14
 CHAPTER-5

TASK ASSIGNMENT

After visiting the Religare broking limited, we perform many tasks like

1 Equity market study

2. Demat account opening

3. Index studies

4. Company study

5. Mutual fund

15
 TASK-1

Equity market study

The equity market is a marketplace for traders where they buy or sell stocks.
Investors can invest in public or private stocks. Public stocks are traded on exchanges, unlike private
stocks which are traded privately. Initially, when an organization is set up it is private and later it
goes on to launch its IPO IPO launch makes the private company available for public investors.
Whereas private stocks of a company are available to limited investors like employees or other
specific traders
Companies get listed on stock exchanges with a motive to earn capital from public
investors and use it for their growth or expansion. On contrary to equity financing debt financing
involves loans and other borrowing methods to earn capital.

➢ Equity Markets Work

The equity market operates similarly to a house auction where buyers and sellers bid different
prices to the trade. In this case, the house is an equity market and things are the shares of the
companies listed on the stock exchanges Investors can buy these shares through IPO in the
primary market or the secondary market. The stock market is regulated and maintained by
stock exchanges and various other financial entities.

Equity is synonyms of stocks; equity market is highly volatile market. In this market 8000
thousand to 9000 thousand company listed. Some company not perform better and their stocks
are crack, after sometime this company and their stocks we called pent stock. Better advice is
don't purchase this pent stock because after sometime this company are out of market and you
take the big loss of your money

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 TASK-2

Demat account

Demat account means decartelization of account we purchase stocks on demat account. Many brokers
provide demat account facility like a Zelda, up stocks, angle one, Religare broking limited, motilala
oswal many options are there. For demat account opening you need some documents like

1) Aadhar card

2) Pan card

3) Nominees Aadhar card

4) Bank passbook
And your Aadhar linked mobile number.

You open your account follow this process

1) Fill up your personal details via Religare online account opening platform.

2) Fill up your DOB, PAN, account information & upload your documents photocopy.

3) Add your nominees’ details.

4) E-sign your application via Aadhaar OTP. You are done.

5) After you submit your details, they give you a client code for trading.

6) After receiving this code, you download Religare dynamic application and login in. Create
strong password.

7) And add fund from your bank account and start trading.

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 TASK-3

INDEX STUDY

Main Type of index

1) Sensex
2) Nifty 50
3) Nifty Bank

❖ Sensex
The BSE SENSEX is a free-float market-weighted stock market index of 30 well-established
and financially sound companies listed on the Bombay Stock Exchange.
It was introduced in 1 January 1986 and is the oldest in India.

Market Summary

18
❖ Nifty 50
The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average
of 50 of the largest Indian companies listed on the National Stock Exchange. It is one of the
two main stock indices used in India, the other being the BSE SENSEX.
It was introduced in 21 April 1997

Market Summary

19
❖ Nifty Bank
Bank Nifty represents the 12 most liquid and large capitalised stocks from the banking sector
which trade on the National Stock Exchange (NSE).

Nifty bank compares 50

Market Summary

20
 TASK-4

COMPANY STUDY

Before you investing your money in share market you will study about this particular company like
their performance, shareholders, work of company and some fundamentals of this company. You
think about long term investments so you should fully study about this fundamental and you think
about trading so you study the graph of Intraday.

We study about different sector company’s

❖ AUTOMOBILE SECTOR
TATA motors

❖ FMCG SECTOR
Hindustan Unilever LTD.

1) AUTOMOBILE SECTOR TATA MOTORS

Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multinational
conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles,
trucks, buses and defence vehicles to the world.
It has operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia
through a strong global network of subsidiaries, associate companies and Joint Ventures (JV),
including Jaguar Land Rover in the UK and Tata Daewoo in South Korea
Tata group is done their operations in different sectors and different country. TATA group is one of
the groups he operates in India in 150 years. After Ratan tata take this industry, he gives their better
performance in industry and industry highly grow in sir Ratan tata period. He is the greatest
industrialist man in the word.
TATA MOTORS is the one part of the TATA industry they give the revolution in India by TATA
motors

21
Perform in market
Balance sheet

22
TATA Motors Ltd Stock 10-year history

23
2)FMCG SECTOR Hindustan Unilever LTD.
Hindustan Unilever Limited is India's largest Fast Moving Consumer Goods (FMCG) Company
with a 90-year heritage in the country. We are a Company of brands and people driven by our
purpose of making sustainable living commonplace.
Balance Sheet

24
25
Cash Flow Statement

26
FMCG SECTOR Hindustan Unilever LTD 20-year history

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 TASK-5

MUTUAL FUND

Mutual fund is a one type of investment mutual fund regulator basically SEBI they watch on
investment. Many assets management company provide this service or also bank provide these
services. In mutual fund is related to equity market, investor invest their money from mutual fund to
share market indirectly. Investor give their money to mutual fund manager and he study about the
company and after invest the money in particular company. Mutual fund is diversified portfolio
/investments means one investor amount invest different companies. Also fund manager Handel this
fund and he take the decision time to time.

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 CHAPTER-6

TASK REPORT

Task report: A

In this task we learn about the equity market in first 2 days. Means what is equity, how it's work. How
people invest their morning equity market and all about of equity it's all mentioned in task, Equity it's
interesting part here is high risk and high profit.

Task report: B

After study of equity market, we have a task of Demat account means decartelization account it's a
important part of this market. Without demat account you don't buy or sell of stocks. So, we choose
this tack. We open demat account and we see this process it's easy process but not easy of you think
here is some important part like our documents (it's mentioned in task 2) it's important for opening a
account. Also, you open your demat account you will ready for play a market.

Task report: C

It's our 3 task all about market index. We learn from this task type of index, how it's work and how
it's divided on market cap of company. Mr. Pravin singhi sir fully guided about index. They put many
knowledge about market in me and my team members. Also, index play important role in market

Task report: D

We completed our 4" task about company fundamentals analysis, and we mentioned some
fundamentals of 2 company Le TATA MOTARS and HINDUSTA UNILEVER
First of all, Mr. PRAVIN SINGHI SIR give information about company study means how analysing
the company balance sheet profit and loss statement, cash flow statements excreta.

For company study our first choice is TATA MOTORS in automobile sector.
We found in TATA MOTARS balance sheet their liabilities and their asset are also same in past 4
year. Generally, assets and liabilities ratio is 2:1 but here is this ratio is 1:1

29
In profit and loss statement March 2020 to March 2022 sale has increased and their expansion is
growing. But they not generating a profit. TATA MOTORS share on earning per share is also
negative and they not give dividend for their investor.
We choice the FMCG sector for our next company study in this sector we choice that
HINDUSTAN UNILEVER, because in our daily life you and me all are use this company’s product
like toothpaste, detergent powder, soap excreta.
In this balance sheet we found their liabilities and assets also same and their assets increasing every
year respect the generating a profit every year and their earning per share I'd increasing respective
and also, they give high dividend for their investors. This companies cash flow statements from March
2021 to March 2022 is also negative.

Task report: E

Our last task is mutual fund study Mutual fund is a type of investment for middle class people and
common people because they don't take a large amount of money. They earn money for fulfil basic
need. In this condition they not able for investing purpose so for this people mutual fund is best
option for investment and they start investment from very low amount here
Here is moderated risk and moderate profit and common people easily invest their money in share
market with the help of mutual funds.
This is all about of our tasks

30
 CHAPTER-7

LEARNING FROM THE PROJECT

In every project teach you something new. I'm learn from this project about share market, and my
interest is increased in share market.
Share market is not a dangerous but his very dangerous because people entry in market without study
for this type of people share market is dangerous and proper studied people share market is nothing
dangerous.
Before investing a money, you need a proper guide, proper study, and mind psychology for our money
because it's a depend on your psychology.
You invest your money for long term period and you generate a high profit.
I learn from this project investments how important and how proper invest your money in all
investments option. Also share market is the best option for long term investments and high return.
Share market has many more return give for their investors.
I learn about many investments option, portfolio management, finance freedom importance
In Training period, I learn about how work in corporate sector how give our best performance for our
organization, how talk to everyone from guard to owner I think I learn important of our behaviour in
organizations.

31
 CHAPTER-8

CONTRIBUTION OF THE HOST ORGANIZATION

Contribution to the host of organisation in that their, was no Authority to work but I observed all the
things I don't think so I was more helped to the because we are not professional that's why I was only
helped that people who has no education but it was actually organization helped. I don't force
employees for teaching me, because there are many busy times for opening market time so I learn in
free time and I also contribute for opening demat account other client like scaring documents and for
Registration. I also contribute for front end and back-end work and outsourcing. I contributed with
the all employees in their work.

32
 CHAPTER-9

CONCLUSION

• I observed in there many people chose the equity market for investment and few people invest
in mutual fund
• Basically, common people invest their money in mutual fund and high-class people invest in
equity market.
• I observed third type of people invest their money in both and many investments option.
• Some people invest for their future, some people invest for their children future, and few
people invest their money because it's a hobby but the generate lot of profit.
• Many people invest their money in market without study any guidance and after they fail in
investments.

33