“Equity based portfolio for the long-term investment in India”

ABSTRACT:
This study aims to analyse the performance of selected Indian companies among different
sectors, do comparative analysis & to make portfolio of best performing Indian companies in
different sectors. This study had selected 9 sectors, and 10 companies from each sector (90
companies are selected). Companies are selected from respected sector’s Nifty Index based on
their market cap. This study has used descriptive research design & used secondary data
collection method, last 5 years (2014-2018) trailing data of selected Indian companies is taken
for analysis. This study shortlisted 90 selected companies to get 30 best performing companies
based on various ratios. This study had used various types of variables/ratios and done
comparative analysis to identify the best performing company in each sector & allocate the
specific amount of investment based on analysis. After analysis, we had concluded very
exciting result, & to know the result see the findings.

KEYWORDS: -Portfolio, Best Portfolio Return, Equity Based Portfolio, Best Performing
Company, Fund Allocation.
 1. INTRODUCTION
Everyone keeps telling you that with Rs. 1 million to invest, you can have a nice portfolio of
securities. And then the thought occurs: what is a portfolio exactly? You begin to wonder if a
portfolio has characteristics you need to consider, because you can recall someone talking
about portfolio theory, and what it means to investors. You have heard people say don’t put all
of your eggs in one basket, so how does that apply to investing? If you decide to put the entire
Rs. 1 million in two stocks, what will the trustee say? It is not difficult to pick up a popular
press article on investing and read about the importance of diversification, or hear about how
some stocks seem to react negatively to threats of rising inflation while others seem to respond
positively. Therefore, it seems like a good idea to expose yourself to at least the basics of
portfolio theory. Clearly, investors thought about diversifying a portfolio. But they did so in
general terms. And it is true that not everyone uses his analysis today.
2. LITERATURE REVIEWS
Table no. 1: Table of Literature Review

No Title Author Summary

Dynamics of Virender Identifies and examines the determinants of

Private Capital Kumar private capital flows to India so that policies can
1 Flows to India: A be formulated to reduce the associated risks and
Structural Var make India a more attractive destination to
approach invest.
Dynamically Zariphop Combine forward investment performance
Consistent processes and ambiguity-averse portfolio
Investment under selection and introduce robust forward criteria
2 Model which address ambiguity in the specification of
Uncertainty: The the model, the risk preferences and the
Robust forward investment horizon.
Criteria
Portfolio Tirimisiyu F It shows that there are potential gains for US and
Diversification Oloko UK investors diversifying equity portfolio with
3 between developed Nigerian stocks, and there are potential effects
and developing for financial risk or financial bubble to transmit
stock market: The
 case of US and from US and UK stock markets to Nigerian
UK investors in stock market.
Nigeria
Improving Prateek It measures the economic value of
Portfolio Sharma diversification for international multiasset
Diversification: investment strategies and implements five
4
Identifying the existing diversification measures and proposes a
Right Baskets for novel measure of diversification, the
Putting your Eggs unsystematic risk ratio (URR).
The Profitability Fxie Using data from 33 international markets over
Effect: Insights the period 1990–2017, it reveals that the
from International profitability effect exists in many countries
5 Equity Markets other than the USA. Cross-region and cross-
country analyses show mixed evidence for a
positive relationship between profitability
effects and market developments.
Capital Market Akinmulegun It examined the effect of capital market
Development and Sunday development on foreign portfolio investment in
Foreign Portfolio Nigeria over the period 1985 to 2016. The study
6
Investment Inflow employed secondary data sourced from Central
in Nigeria Bank of Nigeria Statistical Bulletin and
publications of Nigeria Stock Exchange.
Creating Optimal Saurav
Portfolio and the Roychaudhary
7 efficient frontier It enables students and investors to learn how
using Mocrosoft to construct real-world mean-variance efficient
Excel portfolios using Excel.
Analysis of value José R. F. Five hundred thirty-two stocks were analysed
Portfolio in Savoia, José in the period from May 2005 to April 2015
Brazilian Market Roberto and, after applying the Graham selection filters
8
Securato, & Sharpe ratios, portfolios with 10-year
Daniel Reed maturity were obtained.
Bergmann
 Portfolio Selection Xiaoling It proposes first several suboptimal rebalancing
with Proportional Meia, policies that are based on optimizing simple
9 Transaction Costs Francisco J. quadratic programs for a mean-variance
and Predictability Nogales investor who faces proportional transaction
costs.
Portfolio Mauro It proposes a new flexible dynamic copula
optimization under Bernardiab, model being able to explain and forecast the
10 flexible dynamic Leopoldo time-varying shape of large dimensional asset
dependence Catania returns distributions.
modelling
Optimal Portfolio I. Oliva, R. It studies a continuous time optimal portfolio
Allocation with Renò allocation problem with volatility and co-jump
Volatility and co- risk, allowing prices, variances and covariances
11
Jump Risk that to jump simultaneously.
Markowitz would
Like
3. IMPORTANCE OF THE STUDY
• It will allow the company's stakeholders/investors to understand the return on indices
and market.
• It will help investors to track the company performance, and can help to take needed
steps further.
• An investor can analyse our research, can do investment in obtained best performing
companies and can get best return.
4. OBJECTIVES OF THE STUDY
4.1 PRIMARY OBJECTIVE
• To prepare a diversified portfolio with the best percentage of return to the
shareholders in equity market
4.2 SECONDARY OBJECTIVE
• To analyse the performance of selected Indian companies among different
sectors.
• To do comparative analysis of selected Indian companies among different
sectors.
• To identify best performing Indian companies among each sector.
 • To rank the selected Indian companies base on their performance.
• To make portfolio of best performing Indian companies in different sectors.
5. RESEARCH METHODOLOGY
5.1 RESEARCH DESIGN
• Descriptive research design
5.2 DATA COLLECTION METHOD
• Secondary data collection method. The data is collected from annual report of a
company, website of NSE & money control as well as journal & research papers
related this topic.
5.3 SAMPLING PLAN
5.3.1 POPULATION
NIFTY Indices following sectors:
1. Auto Sector
2. IT Sector
3. Energy Sector
4. Metal Sector
5. Media Sector
6. Pharma Sector
7. FMCG Sector
8. Infra Sector
9. Realty Sector
5.3.2 SAMPLING METHOD
• Judgemental Sampling Method
5.3.3 SAMPLING FRAME
• 90 Companies – 10 companies of the selected sectors on the basis of market
capital of the company
5.3.4 SAMPLE SIZE
• 30 Companies from the 9 sectors
• 5 years (2014-2018) trailing data
6. DATA ANALYSIS & INTERPRETATION
6.1: ANALYSIS 1: SELECTION OF TOP COMPANIES OF THE SECTORS
• We had selected total 90 companies across 9 sectors, and for shortlisting them, we had
chosen 5 ratios.
• We selected 5 ratios, operating profit margin, net profit margin, return on capital
employed, current ratio & asset turnover ratio of each company, & sum up all the
founded ratio, & compare the resulted figure with other company in respective sector.
• As a result, we founded top companies in each sector.
• According to our shortlisting criteria, in auto sector, we found that Eicher Motors, Hero
Motocorp & Bajaj Auto are top companies among all selected companies & we selected
these 3 companies for further analysis and eliminated other companies.
• According to our shortlisting criteria, in energy sector, we found that Power grid corp,
ONGC & Reliance infra are top companies among all selected companies & we selected
these 3 companies for further analysis and eliminated other companies.
• According to our shortlisting criteria, in IT sector, we found that Oracle fin serv, HCL
tech & TCS are top companies among all selected companies & we selected these 3
companies for further analysis and eliminated other companies.
• According to our shortlisting criteria, in FMCG sector, we found that HUL, Colgate
palmolive, P&G & ITC are top companies among all selected companies & we selected
these 3 companies for further analysis and eliminated other companies.
• According to our shortlisting criteria, in infra sector, we found that Adani port, Bharti
infratel & Interglobe Aviation are top companies among all selected companies & we
selected these 3 companies for further analysis and eliminated other companies.
• According to our shortlisting criteria, in media sector, we found that Sun TV network,
Zee entertain & Dish TV are top companies among all selected companies & we
selected these 3 companies for further analysis and eliminated other companies.
• According to our shortlisting criteria, in metal sector, we found that Coal India, Hind
zinc & NMDC are top companies among all selected companies & we selected these 3
companies for further analysis and eliminated other companies.
• According to our shortlisting criteria, in pharma sector, we found that Divis labs, Lupin
& Glenmark are top companies among all selected companies & we selected these 3
companies for further analysis and eliminated other companies.
• According to our shortlisting criteria, in realty sector, we found that Sunteck realty,
Phoenix mills, Oberoi realty, Indiabulls real & HDIL are top companies among all
selected companies & we selected these 3 companies for further analysis and eliminated
other companies.
6.2 SELCTION OF TOP 30 COMPANIES FOR THE PORTFOLIO
 • After shortlist the selected 90 companies, we got total 30 companies among each
sector.
• We had found other key variables like, divided per share, operating profit margin,
profit before interest & tax margin, net profit margin, return on capital, return on
net worth, return on assets including revaluation, current ratio, quick ratio, debt
equity ratio, inventory turnover ratio, total assets turnover ratio, assets turnover
ratio, dividend pay-out ratio (cash profit), earning retention ratio, earning per share
and book value of all selected and shortlisted 30 companies.
• After it, we select one variable/ratio of each 30 companies & compare among each
selected 30 companies.
Table no. 2.1: Shortlisted Company’s Rank (Ratios Wise)
PBITM/Sco ROCE/Sco RONW/
Ratios
DPS/Score OPM/Score re NPM/Score re Score
Eicher 59.7 41.3
78 27 26.68 17 23.69 12 19.45 9 25 24
Motors 8 8
Hero
50.1 35.6
Motoco 75.4 26 15.00 8 12.53 5 10.25 3 24 22
8 7
rp
Bajaj 38.5 26.6
54 25 19.98 13 17.96 8 16.05 6 19 18
Auto 0 9
Power
3.29 14.0
Grid 9 86.83 28 55.88 28 28.88 17 8.95 3 8
8 8
Corp
17.3 11.6
ONGC 8.33 13.5 45.98 24 28.82 16 23.01 12 10 6
8 2
Relianc
8.5 13.5 21.76 15 12.72 6 16.35 8 9.89 5 7.64 4
e Infra
Oracle
266. 43.6 32.4
Fin 29 38.31 20 36.03 19 30.50 18 22 21
25 4 1
Serv
HCL 35.8 29.1
18.4 21 41.09 21 36.53 20 35.46 21 18 20
Tech 9 6
46.3 36.6
TCS 50.3 24 30.23 18 27.09 14 26.61 15 23 23
2 7
 118. 88.6
HUL 16.2 20 26.58 16 16.87 7 14.07 4 30 27
21 0
Colgate
72.1 48.6
Palmoli 19 22 43.82 23 20.75 9 14.71 5 27 26
3 8
ve
104. 66.5 43.0
P&G 28 171.89 29 21.08 10 16.09 7 26 25
55 1 0
41.1 27.8
ITC 6.13 10 14.98 7 33.31 18 26.50 13 21 19
8 2
Sun TV
11.2 35.0 23.4
Networ 17 43.05 22 48.30 27 35.91 22 17 16
5 7 0
k
Zee
34.2 24.8
Enterta 8.33 13.5 31.50 19 38.82 21 31.07 19 16 17
4 4
in
Dish 100. 98.6
- 29.5 4.24 3 6.91 3 4.51 1 29 29
TV 34 2
Adani 14.5 18.9
1.3 3 16.34 11 48.25 26 53.36 27 8 12
Port 0 0
Bharti 13.5 11.7
9.68 16 13.82 6 21.46 11 35.43 20 7 7
Infratel 8 2
Interglo
be 9,50 15525. 39.5 114.
30 30 9.66 4 8.92 2 20 30
Aviatio 4.60 46 5 94
n
Divis 27.9 21.8
14 18 63.65 26 32.46 17 27.53 16 14 13
Labs 9 8
30.0 22.6
Lupin 6.7 11 74.79 27 28.23 15 22.80 11 15 15
5 7
Glanma 19.9 17.5
2 5.5 57.07 25 24.97 13 21.03 10 11 11
rk 6 7
Coal 5161.7 91.3 90.4
22.7 23 -0.71 1 -3.26 1 30 28 28
India 4 5 0
Hind 14.6 25.7 22.3
19 20.34 14 39.13 22 49.79 26 13 14
Zinc 2 0 9
 22.7 14.6
NMDC 7.5 12 15.40 10 42.70 23 42.84 25 12 9
6 4
Sunteck 15.7 17.2
1.7 4 18.22 12 75.47 30 80.19 28 9 10
Realty 5 0
Phoenix
2.32 7 15.21 9 46.35 25 37.65 23 9.78 4 5.90 3
Mills
Oberoi 13.7 10.2
2 5.5 13.65 5 44.43 24 42.02 24 7 5
Realty 0 0
Indiabu
lls 3 8 0.17 2 1.40 2 118.47 29 3.94 1 0.77 1
Reaty
HDIL - 29.5 12.56 4 62.64 29 26.53 14 4.66 2 1.98 2

Table no. 2.2: Shortlisted Company’s Rank (Ratios Wise)

QR/Scor
Ratios
ROA/Score CR/Score e DE/Score ITR/Score TAT/Score
Eicher
1006.35 29 0.56 1 0.37 1 0.02 13 20.34 19 2.13 24
Motors
Hero
420.30 25 0.83 4 0.65 5 - 41.86 24 3.73 28
Motocorp
Bajaj Auto 481.77 26 0.99 11 0.81 8 0.01 11 32.01 23 1.68 23
Power
83.94 9 0.60 2 0.60 3 2.32 29 25.51 21 0.15 1
Grid Corp
ONGC 163.57 17 0.83 5 0.80 7 0.07 18 13.48 15 0.49 13
Reliance
815.01 28 0.89 8 1.38 14 0.61 27 27.46 22 0.29 9
Infra
Oracle Fin
516.95 27 3.62 26 3.55 24 - - 1.12 21
Serv
427.5
HCL Tech 179.08 18 3.09 25 2.92 20 - 27 0.91 18
3
6271.
TCS 315.80 24 3.06 23 2.97 21 0.01 11 30 1.37 22
67
HUL 24.81 3 0.86 7 0.55 2 - 13.22 13 6.45 29
Colgate
48.22 5 0.94 9 0.67 6 - 16.80 17 3.43 27
Palmolive
P&G 312.65 23 2.10 17 1.86 17 - 18.16 18 2.62 25
ITC 38.35 4 1.50 14 0.86 10 - 6.42 10 1.08 20
Sun TV 4960.
95.03 12 6.14 29 6.14 28 - 29 0.73 15
Network 89
Zee 2097.
72.24 7 5.65 28 5.21 27 0.31 25 28 0.80 17
Entertain 20
14. 308.6
Dish TV 6.87 1 0.60 3 0.60 4 0.02 26 7.54 30
5 3
Adani Port 66.89 6 2.90 20 4.18 26 1.00 28 23.30 20 0.18 7
Bharti 14.
94.44 11 0.98 10 0.99 12 0.02 - 0.34 10
Infratel 5
Interglobe 144.6
5513.19 30 0.84 6 0.82 9 3.61 30 25 3.00 26
Aviation 0
Divis Labs 217.82 19 2.90 21 1.68 16 0.01 11 3.01 8 0.79 16
Lupin 259.47 22 2.75 18 2.26 18 0.03 16 5.76 9 0.94 19
Glanmark 250.69 20 3.08 24 3.09 22 0.18 21 7.49 11 0.72 14
Coal India 24.16 2 1.56 15 1.54 15 - 8.01 12 0.02 2
Hind Zinc 87.52 10 1.17 12 0.97 11 0.26 23 13.28 14 0.44 12
NMDC 76.26 8 7.75 30 9.08 29 0.04 17 16.13 16 0.39 11
Sunteck
106.04 13 1.19 13 3.54 23 0.22 22 0.86 6 0.17 6
Realty
Phoenix
147.65 16 1.77 16 2.65 19 0.28 24 - 0.12 4
Mills
Oberoi
107.14 14 4.23 27 3.60 25 0.07 19 0.88 7 0.23 8
Realty
Indiabulls
135.32 15 2.97 22 9.50 30 0.39 26 0.85 5 0.01 1
Reaty
HDIL 257.88 21 2.78 19 1.07 13 0.16 20 0.07 4 0.06 3

Table no. 2.3: Shortlisted Company’s Rank (Ratios Wise)

Ratios AT/Score DP/Score ER/Score EPS/Score BV/Score
Eicher
2.56 26 23.73 12 79.49 19 398.61 29 1006.35 29
Motors
Hero
3.85 28 41.27 18 49.60 12 147.24 28 420.30 25
Motocorp
Bajaj Auto 1.82 24 39.46 17 58.66 15 123.60 26 481.77 26
Power
0.16 5 9.40 5 81.22 21 11.95 8 83.94 9
Grid Corp
ONGC 0.52 13 22.52 11 60.00 16 18.98 13 163.57 17
Reliance
0.29 9 9.80 6 80.48 20 61.30 23 801.31 28
Infra
Oracle Fin
0.88 18 208.09 30 -83.23 1 127.29 27 516.95 27
Serv
HCL Tech 0.90 19 35.31 16 62.27 17 53.03 21 179.08 18
TCS 1.48 23 42.08 19 54.65 13 112.30 24 315.80 24
HUL 6.90 30 71.02 26 19.17 3 20.38 15 24.81 3
Colgate
4.70 29 46.81 21 44.19 10 29.60 18 48.22 5
Palmolive
P&G 2.43 25 84.51 28 23.19 5 115.75 25 312.65 23
ITC 1.13 21 53.41 23 40.73 9 10.57 5 38.31 4
Sun TV
0.68 14 33.03 15 47.89 11 22.30 17 95.03 12
Network
Zee
0.77 15 28.57 14 55.95 14 17.78 11 72.24 7
Entertain
Dish TV 1.27 22 - 100.00 29.5 0.85 1 6.87 1
Adani Port 0.20 7 9.90 7 90.81 26 12.24 10 66.89 6
Bharti
0.32 10 46.79 20 24.32 6 10.97 7 94.44 11
Infratel
Interglobe
3.42 27 47.37 22 38.92 8 11618.92 30 5513.19 30
Aviation
Divis Labs 0.85 17 26.23 13 76.13 18 47.53 20 217.82 19
Lupin 1.05 20 12.61 8 85.30 24 53.46 22 259.47 22
Glanmark 0.83 16 5.96 3 93.76 28 43.51 19 250.69 20
Coal India 0.02 2 103.78 29 -3.88 2 21.91 16 24.16 2
Hind Zinc 0.44 12 67.58 25 22.61 4 19.33 14 87.52 10
NMDC 0.37 11 63.63 24 34.35 7 12.05 9 76.26 8
Sunteck
0.19 6 7.09 4 92.87 27 17.90 12 106.04 13
Realty
Phoenix
0.13 4 18.97 10 81.95 22 8.70 4 147.23 16
Mills
Oberoi
0.25 8 17.01 9 85.13 23 10.80 6 107.14 14
Realty
Indiabulls
0.00 1 71.70 27 85.34 25 1.02 2 135.32 15
Reaty
HDIL 0.06 3 - 100.00 29.5 5.12 3 257.88 21
• According it, we gave scores to each company. E. g. If we take net profit margin, we
select net profit margin of all 30 selected companies & compare it with each selected
30 companies.
• If, a company have highest net profit margin ratio, we gave that company 30 score, a
company have second highest net profit margin, we gave that company 29 score,
likewise, so on, we give all companies score 30 to 1, according to their performance in
a selected variable.
• Likewise, we had done it with all selected 17 variables one by one, compare it among
each selected 30 companies & give score to each company for each variable.
Table no. 3: Shortlisted Company’s Rank (Score Wise)
Companies Total Score Average Score Rank
Oracle Fin Serv 374.00 22.00 30
Interglobe Aviation 359.00 21.12 29
P&G 351.69 20.69 28
TCS 351.00 20.65 27
HCL Tech 340.00 20.00 26
Sun TV Network 321.94 18.94 25
Eicher Motors 316.00 18.59 24
Hero Motocorp 302.81 17.81 23
Bajaj Auto 299.00 17.59 22
Zee Entertain 298.50 17.56 21
Lupin 292.00 17.18 20
Divis Labs 282.00 16.59 19
Colgate Palmolive 275.19 16.19 18
Glanmark 273.50 16.09 17
NMDC 261.00 15.35 16
Hind Zinc 255.00 15.00 15
Adani Port 250.00 14.71 14
HUL 249.69 14.69 13
Reliance Infra 245.50 14.44 12
Dish TV 240.66 14.16 11
Sunteck Realty 238.00 14.00 10
HDIL 230.56 13.56 9
Oberoi Realty 230.50 13.56 8
ONGC 226.50 13.32 7
ITC 221.00 13.00 6
Coal India 221.00 13.00 5
Phoenix Mills 218.88 12.88 4
Indiabulls Real 212.00 12.47 3
Power Grid Corp 206.00 12.12 2
Bharti Infratel 189.66 11.16 1
• As mentioned above, we gave scores to each company, for each variable, means, each
company have 17 different scores, for 17 different variables.
• We found average score of each company, as mentioned in table no.5, arrange all
selected 30 companies in order to largest to smallest score & again gave scores 30 to 1
accordingly.
7. FINDINGS
Table no. 4: Fund Allocation

Opening Closing Opening Closing

Invested
Companies Rank price Price price Price
Amount
01-04-2013 31-03-2018 01-04-2018 31-12-2018
Oracle Fin Serv 30 64516.129 2589.95 3740.65 3788.8 3708.7
Interglobe Aviation 29 62365.591 856 1286.6 1286.5 1165.75
P&G 28 60215.054 2555.4 9443.5 9552 9852.4
TCS 27 58064.516 1558 2849.3 2845 1893.55
HCL Tech 26 55913.978 798 969.5 970 962.55
Sun TV Network 25 53763.441 387.75 846.65 847.55 609
Eicher Motors 24 51612.903 2583 28337 28350 23168.5
Hero Motocorp 23 49462.366 1541.9 3545.5 3510 3105.7
Bajaj Auto 22 47311.828 1807.7 2748.9 2765 2718.5
Zee Entertain 21 45161.290 211.7 576.3 576.3 475.7
Lupin 20 43010.753 626.15 736.4 745 845.6
Divis Labs 19 40860.215 995.4 1089.5 1094.9 1482.2
 Colgate Palmolive 18 38709.677 1272 1057.7 9552 1341.6
Glanmark 17 36559.140 469 527.15 530.8 692.25
NMDC 16 34408.602 138.1 118.65 118.7 97
Hind Zinc 15 32258.065 121.1 300.95 303 277.8
Adani Port 14 30107.527 140 354.65 354.2 387.35
HUL 13 27956.989 465.2 1335.9 1333 1818.05
Reliance Infra 12 25806.452 327 426.75 424.35 315.75
Dish TV 11 23655.914 68.9 71.15 72.5 38.25
Sunteck Realty 10 21505.376 400 423.5 431.55 346.45
HDIL 9 19354.839 46.5 38.65 39 26.25
Oberoi Realty 8 17204.301 262 508.45 512 445.3
ONGC 7 15053.763 312.3 177.8 178.5 150.2
ITC 6 12903.226 309 255.9 258.5 281.65
Coal India 5 10752.688 308.2 283.5 283.5 240.75
Phoenix Mills 4 8602.151 266 593.1 603.6 562.7
Indiabulls Real 3 6451.613 55 181.1 180.85 87.2
Power Grid Corp 2 4301.075 105 193.85 199 199
Bharti Infratel 1 2150.538 178.95 336.25 337 259.65
Total 465 1000000
We had selected 10 lakh amounts for investment, divided 10 lakh amounts based on their
scores. (As mentioned in table no.4)
7.1 RETURN OF PORTFOLIO
Table 5: Return of Portfolio
Companies No. of share bought Value (31-3-18) Value (31-12-2018)
Oracle Fin Serv 24.910 93180.277 92384.397
Interglobe Aviation 72.857 93737.815 84933.047
P&G 23.564 222525.186 232160.443
TCS 37.269 106189.490 70570.003
HCL Tech 70.068 67930.579 67443.609
Sun TV Network 138.655 117392.179 84440.839
Eicher Motors 19.982 566223.321 462947.560
Hero Motocorp 32.079 113735.532 99627.258
Bajaj Auto 26.172 71945.281 71149.640
Zee Entertain 213.327 122940.253 101479.574
Lupin 68.691 50583.915 58084.952
Divis Labs 41.049 44722.930 60842.888
Colgate Palmolive 30.432 32188.071 40827.754
Glanmark 77.951 41092.005 53961.758
NMDC 249.157 29562.496 24168.243
Hind Zinc 266.375 80165.686 73999.094
Adani Port 215.054 76268.817 83301.075
HUL 60.097 80283.194 109258.823
Reliance Infra 78.919 33678.603 24918.615
Dish TV 343.337 24428.422 13132.637
Sunteck Realty 53.763 22768.817 18626.344
HDIL 416.233 16087.409 10926.119
Oberoi Realty 65.665 33387.507 29240.745
ONGC 48.203 8570.474 7240.075
ITC 41.758 10685.875 11761.144
Coal India 34.889 9890.938 8399.447
Phoenix Mills 32.339 19180.209 18197.106
Indiabulls Real 117.302 21243.402 10228.739
Power Grid Corp 40.963 7940.604 8151.562
Bharti Infratel 12.018 4040.896 3120.353
Total Return 2222570.183 2035523.843
Return of Portfolio 1222570.183 1035523.843
We concluded that, if we invest 10 lakhs according to our obtained findings, we can get 122%
of return in five years and if you will invest till the December 2018 then the return will reduce
to 103.55% as market reduces in the last six months.
7.2 RETURN OF INDICES:
Table no. 6: Return of Indices

Opening Closing Opening Closing

No. of Value
Price Price Price Price
Indices unit (31-3- Return
01-04- 31-03- 01-04- 31-12- bought 18)
2013 2018 2018 2018
NIFTY 50 5697.35 10113.7 10151.7 10862.55 175.520 1775159 77.51%
SENSEX 30 18890.8 32968.7 33030.9 36068.3 52.936 1745225 74.52%
NIFTY IT 7230.65 12511.55 12542.3 14440.3 138.300 1730349 73.03%
NIFTY
237.242 2567282
AUTO 4215.1 10821.35 10939.9 9235.55 156.72%
NIFTY
65.316 1706524
FMCG 15310.3 26127.4 26169.35 30516.7 70.65%
NIFTY
451.671 1503478
INFRA 2214 3328.7 3337.1 3175.3 50.34%
NIFTY
4455.335 1310091
REALTY 224.45 294.05 296.45 232.35 31%
NIFTY
131.689 1740158
ENERGY 7593.65 13214.15 13316.95 14334.85 74.01%
NIFTY
607.054 1995083
MEDIA 1647.3 3286.5 3307.1 2566.2 99.50%
NIFTY
167.335 1398591
PHARMA 5976.05 8358.05 8424.4 8868.7 39.85%
NIFTY
446.020 1566669
METAL 2242.05 3512.55 3543.45 3154.6 56.66%
• We concluded that, if we invest 10 lakhs according to our obtained findings, we can
get around 75 percent return in SENSEX and Nifty.
• We had selected the indices of our short-listed sectors which also shows very low
percentage of return than our portfolio.
8. CONCLUSION:
This study aims to analyse the performance of selected Indian companies among
different sectors, have done comparative analysis & to make portfolio of best
performing Indian companies in different sectors. This study had selected 9 sectors, and
10 companies from each sector (90 companies are selected). Companies are selected
from respected sector’s Nifty Index based on their market cap. For shortlisting them,
we had chosen 5 ratios, operating profit margin, net profit margin, return on capital
employed, current ratio & asset turnover ratio of each company, sum up all the founded
ratio, compare the resulted figure with other company in respective sector & as a result
we got top 30 best performing companies in each sector. We had used various types of
variables/ratios and done comparative analysis to identify the best performing company
in each sector. We had chosen 10 lakh rupees as investment amount and allocate the
specific amount of investment based on our analysis. After analysis, we had concluded
very exciting result, if we invest 10 lakhs rupees for 5 years in equity, according to our
obtained findings, then we get 22,22,570.183 rupees, & indirectly we can get 122% of
return according to our findings.
 9. SCOPE FOR FURTHER RESAERCH:
In this research we had done the analysis of long-term blue-chip companies for the
making of our portfolio. Same if the investors want to invest for the short term the
analysis of the prices, turnover and no of trades can be the parameters and prepared the
portfolio as per the ranking given in our research.
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