Guidelines/ 

instructions to be followed for SA Project (20% Weightage)

Students should make a group of 5 (students can decide their group members).

• Each Student should choose one company of his/her choice. However, no two
students should select the same company.
• The students in a group are suggested to choose companies from the same sector.
• Justify the investment rationale in the company by performing E-I-C analysis.
• Calculate intrinsic value of share by finding Enterprise Value (by making suitable
Assumptions!).
• Compare the ratios of the company chosen with industry averages and other major
competitors to give your comment/recommendation (relative valuation).
• As an Analyst, based on Fundamental Analysis give your recommendation!
• Using Technical Analysis, give your recommendation analysing Trend, Chart pattern,
Moving Average (MA), Moving Average Convergence and Divergence (MACD),
Relative Strength Index (RSI), Stochastic.
• All excel calculations should be submitted and results summarized by the group in a
Word file with your Recommendations as a Team! (Max. 5 Pages).
• Deadline for Project Submission is 10th September 2020
• Presentation/Viva will be scheduled and communicated to the students.

• While finding Enterprise Value, aspects which need to be paid attention are:
• How is Expected FCFF calculated?
• How is Terminal Value of Business calculated?
• What is the Growth rate considered?
• What is the discount rate considered? How is it calculated?

• Note: ASSUMPTIONS play a major role for each and every sector.