Propelled by India's economic growth, Indian securities market is continuing to provide opportunities for wealth creation. However, a timely and accurate valuation of securities is imperative for arriving at better investment decisions.
Equity Research and Valuation explains the various steps involved in evaluating securities. It dwells on the concepts of equity research and valuation, macro and micro economic analyses and highlights the role of regulators in handling stock market bubbles. Porter's five force analysis and competitive strategy, and Hirschman's index of industry concentration ratio are also included. The book also covers the various financial statements on company analysis and discounted cash flow valuation models.
With this coverage, the book would be useful to equity analyst, investment analysts, fund managers, CEOs and CFOs. It will also be equally beneficial to MBA, CFA and CA students.
