Analysis of Cement Industry in India

Analysis of Cement Industry in India INTRODUCTION People invest in stocks to make their money grow. And to help investors identify the suitable and the appropriate way to invest, there are various modes of analysis. A number of approaches have been developed over time. One most important analytical approach among them is EIC analysis (E for economy, I for industry and C for company). EIC analysis is also sometimes referred to as Fundamental Analysis or the Top Down approach to Fundamental analysis. . In this approach, the investment decisions are taken on the basis of the strength of the economy, industry and company. The major objective of undergoing a project on EIC analysis or top down approach to fundamental analysis is to answer the question as â€Å"What to buy†. At economy level, fundamental analysis will focus on the economic indicators of the country to assess the present and future growth of the economy. Major economic indicators include the GDP growth rate, inflation, imports, exports, monetary and fi scal policies, foreign exchange reserves, IIP, etc. The basic assumption is that if the economy grows, companies would do well. At the industry level, apart from economy other factors like government attitude, entry barriers, competition level, threat of potential entrants, substitute products, cost structure, foreign entrants, also affect the way an industry evolves in time and hence affects the stock prices of companies in that particular industry. This industry analysis will also include Porters five force model (wherever applicable) which will give a better approach to it. The next task to be done in the project is to identify and analyze two companies i.e. ACC and Ultratech cement Ltd. For that a number of factors will be taken into consideration, say, the company’s SWOT analysis and the financials of the company. Thus, on the foundation of some major factors, this EIC analysis will analyze the overall economy, industry and company which will give a clear picture and pra ctical approach of stock identification. The second part of the project is Technical analysis which is a method of evaluating securities by analyzing the statistics generated by market activity, such as past prices and volume. Technical analysis looks at the price movement of a security and uses this data to predict its future price movements. Thus a technical analyst approaches a security from the charts. 2. ECONOMIC ANALYSIS EIC analysis is not just about balance-sheets or analysis of a company’s financial performance. It is also crucial to look at the broader picture- the macro-economic factors that may directly or indirectly affect the economy, industry and stocks of the company. Economic Analysis is the First Step in a three step security analysis process. An economic slowdown has implications for the earnings and margins of companies. At economy level, fundamental analysis will focus on the economic indicators of the country to assess the present and future growth of th e economy. It aims at analyzing the overall Economy and identifying the general direction, in which the economy is heading. Although there are many macroeconomic indicators that are relevant to markets, given below are some must-track-indicators

English Essay Example | Topics and Well Written Essays - 1000 words - 34

English - Essay Example It is not possible for one to like something and at the same time dislike it. Within the writings, lot repetitiveness is seen used to emphasize the point. The repeat has been done on the main idea or in the use of words. The theme of grace has been brought out as based on what pleases oneself. This means that one is willing to see grace in what he is pleased in. Therefore, the divine grace of God is beneficial to human beings, which makes them be pleased with the same. The writings emphasize that a man does not do anything, but rather what he feels he can do. Therefore, the willingness to will, and be pleased by something, comes from an individual (Miller et al, 112). There is an emphasis on the Holy Spirit’s intervention in one’s discerning of the grace of God. This is what is referred to as infusion. The influence of the spirit in an individual is done at free will. This means that the spirit can influence human beings decision at will. It helps one see the grace and be pleased by the impact the same is having in his life. Further, both human beings’ spirit (power) and God’s spirit, work together for the benefit of humankind. In addition, the influence of holy spirit’s infusion is depicted in human being’s action. Therefore, the spirit helps a man to have a habit of his behavior in order that he can acquire the same as first as possible. It most cases, it is not possible for a human being to oppose or do against what has already been infused into him. In addition, if one refuses to acquire the habit being infused, then it means the spirit of rejecting the same has as well been infused to him (Miller et al,. 34). The two forces involved include the natural powers of human being, as well as that of the Spirit. The habit the man acquires depends on the strength of these two contrasting powers. The vigor and liveliness with which one does a certain activity is what is referred to as infused grace. It is this

Annotated Bibliography on the book Damned by Chuck Palahniuk

On the book Damned by Chuck Palahniuk - Annotated Bibliography Example The book has several chapters that include; Books by Chuck Palahniuk, Short Story Collection by Chuck Palahniuk, Novels by Chuck Palahniuk, Fight Club, Choke, Survivor, among others. This book represents a new and exciting lexis in sharing of human knowledge. Although the book is a collaboration that focuses on Novels and articles by Chuck Palahniuk, it is very comprehensive on any work done by Palahniuk. It gives the reader a clear outline of Palahniuk’s novel, ‘Dammed’ from the start to the end of with a systematic flow. It also points out the author’s artistic richness and key themes and character analysis. In this website, the author of the article ‘Chuck Palahniuk’s Damned: Damned if you do’ Justine Jordan comprehensively review the Palahniuk’s ‘Dammed’ giving a picture of how the novel flows and describing what could have been in the Palahniuk’s mind when he wrote the book. He prospers in explaining the novel’s flow in a systematic manner, describe and analyze characters and their corresponding traits and roles in the book. Above all, the author is quite effective in explaining the setting as it is in the novel- he does this in such a manner that his readers will be familiarized about the novel ‘Dammed’ as the readers of the original