A

SYNOPSIS REPORT ON
EQUITY ANALYSIS W.R.TO TELECOM SECTOR
AT
ANGEL BROKING LTD
Submitted
By
K. VAMSHI KRISHNA
H.T.NO: 1302-22-672-015
PROJECT SUBMITTED IN PARTIAL FULFILLMENT
FOR THE AWARD OF DEGREE OF
MASTER OF BUSINESS ADMINISTRATION

Department of Business Administration

AURORA’S PG COLLEGE
RAMANTHAPUR
(Affiliated to Osmania University)
2022-2024

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 Aurora’s PG College , Ramanthapur
Department of Management

SYNOPSIS

Title of the Project : EQUITY ANALYSIS W.R.TO

TELECOM SECTOR

Student Name : K. VAMSHI KRISHNA

Hall Ticket Number : 1302-22-672-015

Signature of the Student :

Signature of the Guide :

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 TABLE OF CONTENTS

1.1 INTRODUCTION
1.2 NEED OF THE STUDY
1.3 SCOPE OF THE STUDY
1.4 STATEMENT OF THE PROBLEM
1.5 OBJECTIVES OF THE PROBLEM
1.6 RESEARCH METHODOLOGY
1.7 CHAPTERIZATION
1.8 BIBLIOGRAPHY

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1.1 INTRODUCTION

Equity analysis is a term that alludes to the assessment of a specific exchanging

instrument, a venture division or a market in general. Stock Analyst attempt to decide the

future action of the instrument, part or market. There are two fundamental kind of analysis

for example principal and specialized analysis. Key analysis focuses on the information

from sources including money related report, monetary report, organization resources and

piece of the pie. Specialized analysis centers around the past market activity to anticipate

the future value development.

Equity analysis is tied in with esteeming the benefits, obligation, warrants, and equity of

organizations from the point of view of outside speculators utilizing openly accessible

data. The security investigator must have an exhaustive comprehension of fiscal

summaries, which are a significant wellspring of this data. In that capacity, the capacity to

esteem equity protections requires cross-disciplinary learning in both money and

budgetary bookkeeping. While there is much cover between the systematic apparatuses

utilized in security analysis and those utilized in corporate money, security analysis will in

general take the point of view of potential speculators, though corporate fund will in

general take an inside viewpoint, for example, that of a corporate budgetary oversee.

Equity implies interests in protections. Capital that is put resources into a firm by its

proprietors or investors of common offers, yet which isn't returned in the conventional

course of business, speculator can recoup it just when the shareholdings of the

organization are offered to different financial specialists or when the advantages of the

firm are sold and continues appropriated among the investors subsequent to fulfilling the

company's commitment is called Investment in Equity.

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A noteworthy motivation behind speculation is to get an arrival or salary on the assets

contributed. India is a creating nation. Presently a-days numerous individuals are intrigued

to put resources into money related markets particularly on values to get significant yields

and to spare duty in a legit way. Values are assuming a noteworthy job in commitments of

cash-flow to the business from the earliest starting point. Since the presentation of offers

idea, enormous number of speculators are demonstrating enthusiasm to put resources into

financial exchange. In an industry played with doubt and a financial exchange

progressively hard to foresee and battle with, in the event that one looks hard enough there

may at present be a veritable guide for the Day Trader and momentary Investor.

The cost of protections speaks to an accord. It is the cost at which one individual consents

to purchase and another consents to sell. The cost at which financial specialist is happy to

purchase or sell depends essentially on his desires. On the off chance that the cost of

security rises, at that point speculator will get it and if the financial specialist anticipates

that the cost should fall, the financial specialist will sell it. These basic proclamations are

the reason for a noteworthy test in anticipating security costs, since they allude to human

desires. Human desires are neither effectively quantifiable nor unsurprising.

The telecom insurgency is completing significantly more than making interchanges

simpler for organizations and customers. It's additionally opening up the absolute most

charming worldwide venture openings in years. Advancement of media communications is

very delayed in India. Number of phones in India is just 6 for each 1000 people. The

potential development of this industry, subsequently, is high in this industry. This high

planned development brings about a ton of speculation openings.

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Just 6 million phone lines were introduced over the most recent 45 years. Administration

of India anyway attempts raise the introduced ability to 20 million lines before this current

decade's over. As a result of the confinement of assets and high targets, telecom area in

India is by and large quickly privatized. Telecom in India is in the throes of significant

changes. So much is going on at such a snappy pace, that it puzzles even veteran

eyewitnesses and known specialists on the segment.

At first, the hypothetical underpinnings of the basic examination has been inspected with

some experimental assets done in the western nations. These Analytical Techniques are

talked about quickly. We attempted to apply most to these systems on the examination of

telecom protections.

After a concise exchange of history of Indian telecom division, we examined the structure,

players and development prospects of the business. The development prospects and

potential gainfulness of different fragments of Telecom division (for example Fiber optic

links, jam filled phone links, phone instruments, phone exchanging hardware and worth

included administrations) are broke down. The impact of these variables on the benefit

winning force (which chooses the basics esteem) on different organizations is additionally

dissected. The budget summary of different existing players of the business are

investigated. We concentrated on couple of players like Birla Ericsson for an inside and

out examination.

India has appeared as one of the fundamental and quick rising abundance of the world.

Indeed, even in the season of downturn, Indian economy has indicated considerable

opposition prompting development in all cases when a ton of districts of the world had

demonstrated critical decrease in growth. The broad measures presented by the

Government of India over the previous decade to change the Indian market have helped

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the business and administrative condition to productively move towards more noteworthy

straightforwardness and effectiveness. Administrations area has been the essential motor

for this advancement. Telecom business is extraordinary compared to other mounting parts

of Indian economy with significant commitment from the private sector.The telecom

segment can be isolated into essential (fixed), versatile and internet providers. The

development popular for telecom benefits in India isn't constrained to essential telephone

utilities. India has seen fast development in cell, radio paging; esteem addedservices, web

and worldwide correspondence by satel thing (GMPCS) administrations. The operators of

progress, as saw from worldwide perspective, have been commonly classified into

financial structure, rivalry strategy and innovation.

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1.2 NEED FOR THE STUDY

Equity mainly reflects the economic situation of the country. Stock markets are the

barometers of the economy. Telecom generation/distribution companies have a crucial

role in Telecom scarce countries like India. Hence there is the use to analyze the

performance in equities of the Telecom sector in India

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1.3 SCOPE OF THE STUDY

This project includes the methods of technical analysis risk-return analysis. Statistical

techniques like risk, average return, and coefficient of variance are used for the analysis.

The study considers selected three companies for 5 years. (i.e. from 2018 to2023)

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1.4 STATEMENT OF THE PROBLEM

In the intricate landscape of equity analysis within the telecom sector, Angel Broking

Company confronts multifaceted challenges that necessitate focused attention. The

company grapples with the dynamic technological disruptions inherent in the telecom

industry, particularly the ongoing transition to 5G networks and the integration of IoT.

Regulatory dynamics further compound the complexity, requiring Angel Broking to

navigate intricate frameworks while ensuring compliance in its equity analyses. Intense

market competition prompts a critical examination of how the company distinguishes and

positions itself strategically within the sector. Moreover, the inherent volatility in investor

sentiment and the impact of global economic factors add layers of uncertainty that demand

a nuanced approach to equity analysis. Addressing these challenges is imperative for

Angel Broking, calling for enhanced analytical precision, adaptability to regulatory

changes, strategic positioning amidst competition, real-time monitoring of investor

sentiment, and effective mitigation of global economic risks. Through a systematic

exploration of these issues, this study aims to refine equity analysis methodologies,

providing actionable insights to fortify Angel Broking's capabilities within the ever-

evolving telecom sector.

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1.5 OBJECTIVES OF THE STUDY

 To study the factors affecting the stocks of the Telecom sector.

 To measure the price movements of selected telecom companies for 5 years.

 To find the risk-return characteristics of the securities by calculating risk and

return.

 To suggest best telecom companies among the selected telecom stocks

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1.6 RESEARCH METHODOLOGY

The study is purely based on secondary data. Part of the information is collected from the
website BSE India. The project is presented by using graphs representing month wise
returns that are plotted for each which gives a clear view of underpriced and overprices of
equity share. Where an investor can have a clear view of buying and selling the shares
he/she owns. The project mainly focuses on the analysis of stocks often selected Telecom
generation/distribution companies. The equity analysis method was chosen for the study.
Prices of the selective equities of the three companies for the period of 5 years (i.e. from
2018 to 2023) have been considered.

Tools & Techniques Used

Statistical techniques such as Risk, Average return, and coefficient of variance have been
used for predicting future returns.
Average Returns= (Close price- Previous price/Previous price) X 100
Risk= √∑D²/(n-1)
Coefficient of Variance= Risk/Average Return

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1.7 CHAPTERISATION

CHAPTER -1 - INTRODUCTION

This chapter includes the introduction of the topic, need, scope, objectives of the study,

Project limitations and methodology of the study.

CHAPTER - 2 REVIEW OF LITERATURE

This chapter includes the theoretical background and articles written by different authors and

brief explanation of the topic.

CHAPTER - 3 - INDUSTRY PROFILE & COMPANY PROFILE

CHAPTER - 4 - DATA ANALYSIS AND INTERPRETATION

This chapter includes the comparative analysis of the financial statements of the five years

data and it also includes the interpretation based on the study.

CHAPTER - 5 – SUMMARY AND CONCLUSION

This chapter includes the overall summary of the project and the conclusion based on the

study during the period.

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1.8 BIBLIOGRAPHY

BOOKS REFERRED:
 "Security Analysis" by Benjamin Graham and David DoddAssets Management – by
Prasanna Chandra (2007)
 "Financial Statement Analysis: A Practitioner's Guide" by Martin S. Fridson and
Fernando Alvarez

JOURNALS:
1. Jhamb, D., Mittal, A., & Sharma, P. (2020). The behavioural consequences of
perceived service quality: a study of the Indian telecommunication industry. Business:
Theory and Practice, 21(1), 360 -372.

2. Mathai, S., & Jeswani, S. (2021). Effectiveness of print media marketing in digital
age: a study on Indian telecommunication industry. FIIB Business Review, 10(3), 242
-254.

3. Agarwal, A., Sharma, K., & Ramanan, V. (2021). Assessment of Telecom Industry in
India –From 2007 to2020. Asian Journal of Economics, Finance and Management, 18
-33.

4. RM, G. (2020). Prediction of customer plan using churn analysis for telecom industry.
Recent Advances in Computer Science and Communications (Formerly: Recent
Patents on Computer Science), 13(5), 926 - 929.

5. Roy, N. C. (2022). Determinants of customer satisfaction in the Indian

telecommunication industry: study in West Bengal and Assam Region in India.
International Journal of Indian Culture and Business Management, 27(4), 534 -548.
NEWS PAPER:
 Time of India
 Economic Time
 Business News

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WEBSITES:
 http://www. Bloomberg Telecom Section.com
 http://www.Investopedia - Telecom Industry.com
 http://www.Yahoo Finance - Telecommunications.com
 http://www.GSMAIntelligence.com

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