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COMPARATIVE STOCK

ANALYSIS
ON
HINDUSTAN MOTORS LTD.
&
MAHINDRA & MAHINDRA
LTD.

Submitted by :-
Rupali Sengar
B.com( H) M

HINDUSTAN MOTORS LTD.


Hindustan Motors Limited was established during the pre-Independence era at Port Okha in Gujarat.
Operations were moved in 1948 to Uttarpara in district Hooghly, West Bengal, where the company began
the production of the iconic Ambassador. Equipped with integrated facilities such as press shop, forge
shop, foundry, machine shop, aggregate assembly units for engines, axles etc and a strong R&D wing, the
company currently manufactures the Ambassador (1500 and 2000 cc diesel, 1800 cc petrol, CNG and LPG
variants) in the passenger car segment and light commercial vehicle 1-tonne payload mini-truck Winner
(2000 cc diesel and CNG) at its Uttarpara and Pithampur plants.

The first and only integrated automobile plant in India, the Uttarpara factory, popularly known as Hind
Motor, also manufactures automotive and forged components.

The company also has operations in Pithampur near Indore in Madhya Pradesh where it produces 1800 cc
CNG and other variants of Winner.

Hindustan Motors is committed to core values of quality, safety, environmental care and holistic customer
orientation.

The plants

Uttarpara (West Bengal)


The automobile division at Uttarpara is engaged in the manufacture of the iconic Ambassador and
light commercial vehicle Winner.

Pithampur (Madhya Pradesh)


The Company produces 1800 cc CNG and other variants of Winner here.

Company Master Data

CIN L34103WB1942PLC018967

Company / LLP Name HINDUSTAN MOTORS LTD

ROC Code RoC-Kolkata

Registration Number 018967

Company Category Company limited by Shares

Company SubCategory Non-govt company

Class of Company Public

Authorised Capital(Rs) 2200000000

Paid up Capital(Rs) 1044144000

Number of Members(Applicable in case of 0


company without Share Capital)

Date of Incorporation 11/02/1942

Registered Address "BIRLA BUILDING", 10TH FLOOR, WESTERN SIDE


9/1 R N MUKHERJEE ROAD KOLKATA Kolkata WB
700001 IN

Email Id hmcosecy@hindmotor.com

Whether Listed or not Listed

Date of last AGM 21/09/2016

Date of Balance Sheet 31/03/2016

Company Status(for efiling) Active

Directors/Signatory Details
DIN/PAN Name Begin date End date
ANANTHANARAYANA
N SANKARA
00385632 NARAYANAN 24/05/2004 -
BHIKAM CHAND
ADMPM4644D MISHRA 11/11/2014 -
02340000 UTTAM BOSE 02/04/2012 -
03333993 MOU MUKHERJEE 30/03/2015 -
06804524 RAJKAMAL JOHRI 06/02/2014 -
BEOPA0403A SANU AGARWAL 25/05/2016 -
AEAPB5250R ASIM KUMAR BASU 05/08/2016 -

MAHINDRA & MAHINDRA LTD.

Mahindra and Mahindra Limited (M&M) is an


Indian multinational automobile manufacturing corporation headquartered in Mumbai, Maharashtra,
India. It is one of the largest vehicle manufacturers by production in India and the largest manufacturer of
tractors in the world. It is a part of Mahindra Group, an Indian conglomerate.

It was ranked 21st on a list of top companies in India by Fortune India 500 in 2011. Its major competitors
in the Indian market include Maruti Suzuki, Tata Motors, Ashok Leyland and others.

Mahindra & Mahindra was set up as a steel trading company in 1945 in Ludhiana as Mahindra &
Mohammed by brothers K.C. Mahindra and J.C. Mahindra and Malik Ghulam Mohammed. After India
gained independence and Pakistan was formed, Mohammed migrated to Pakistan. The company changed
its name to Mahindra & Mahindra in 1948. It eventually saw a business opportunity in expanding into
manufacturing and selling larger MUVs, starting with the assembly under license of the Willys Jeep in
India. Soon established as the Jeep manufacturers of India, the company later commenced
manufacturing light commercial vehicles (LCVs) and agricultural tractors. Today, Mahindra & Mahindra is
a key player in the utility vehicle manufacturing and branding sectors in the Indian automobile
industry with its flagship Mahindra XUV500 and uses India's growing global market presence in both the
automotive and farming industries to push its products in other countries.

Over the past few years, the company has taken interest in new industries and in foreign markets. They
entered the two-wheeler industry by taking over Kinetic Motors in India. M&M also has a controlling
stake in the REVA Electric Car Company and acquired South Korea's Ssang Yong Motor Company in
2011. In 201011 M&M entered in micro drip irrigation with the takeover of EPC Industries Ltd in
Nashik.

Company Master Data


CIN L65990MH1945PLC004558
Company / LLP Name MAHINDRA AND MAHINDRA LIMITED
ROC Code RoC-Mumbai
Registration Number 004558
Company Category Company limited by Shares
Company SubCategory Non-govt company
Class of Company Public
Authorised Capital(Rs) 6250000000
Paid up Capital(Rs) 3105461920
Number of Members(Applicable in 0
case of company without Share
Capital)
Date of Incorporation 02/10/1945
Registered Address GATEWAY BUILDING , APOLLO BUNDER,
MUMBAI MH 400001 IN
Email Id narayan.shankar@mahindra.com
Whether Listed or not Listed
Date of last AGM 10/08/2016
Date of Balance Sheet 31/03/2016
Company Status(for efiling) Active

Charges

Assets under charge Charge Amount Date of Creation Date of Modification Status

Book debts 20000000 06/08/2001 08/05/2004 OPEN

Movable property (not 3500000000 21/05/2012 - CLOSED


being pledge)

Immovable property or 700000 02/01/1986 - CLOSED


any interest therein;
Movable property (not
being pledge)

Immovable property or 50000000 30/09/2002 - CLOSED


any interest therein

Immovable property or 2500000 11/02/1974 - CLOSED


any interest therein

Immovable property or 700000 05/01/1989 - CLOSED


any interest therein;
Movable property (not
being pledge)

Movable property (not 61600000 27/03/1991 28/06/2000 OPEN


being pledge)

Immovable property or 325100 29/11/1985 - CLOSED


any interest therein;
Movable property (not
being pledge)

Immovable property or 4000000000 03/03/2009 - CLOSED


any interest therein

Movable property (not 470048000 23/12/2003 - CLOSED


being pledge)

Immovable property or 250000000 13/03/2003 - CLOSED


any interest therein

Immovable property or 350000 15/04/1977 - OPEN


any interest therein

Immovable property or 4000000 21/11/1985 13/03/1986 CLOSED


any interest therein

Movable property (not 44800000 14/03/1991 28/06/2000 OPEN


being pledge)

Immovable property or 3000000000 18/07/2001 03/05/2002 CLOSED


any interest therein

Immovable property or 700000000 16/01/1997 06/09/2002 OPEN


any interest therein

Immovable property or 500000 12/09/1979 - OPEN


any interest therein

3000000 28/08/1972 - CLOSED

720000 04/06/1982 - CLOSED

Immovable property or 7082000 27/06/1973 - CLOSED


any interest therein
Immovable property or 799908 05/02/1987 - CLOSED
any interest therein;
Movable property (not
being pledge)

Immovable property or 3000000 07/03/1986 - CLOSED


any interest therein;
Movable property (not
being pledge)

Immovable property or 500000 16/12/1980 - OPEN


any interest therein

Immovable property or 3717000 18/12/1985 - CLOSED


any interest therein;
Book debts; Movable
property (not being
pledge)

Immovable property or 1400000 20/06/1986 - CLOSED


any interest therein;
Movable property (not
being pledge)

Immovable property or 480000 07/08/1976 - CLOSED


any interest therein

2100000 27/04/1987 - OPEN

Immovable property or 2000000 17/04/1974 - CLOSED


any interest therein

Immovable property or 1000000000 24/06/1998 16/08/2002 OPEN


any interest therein

Immovable property or 15000000 08/02/1983 14/03/1983 CLOSED


any interest therein

Immovable property or 2000000000 01/04/2008 - CLOSED


any interest therein

Immovable property or 10000000 30/07/2002 - CLOSED


any interest therein;
Movable property (not
being pledge)

Immovable property or 500000000 24/06/1998 16/08/2002 OPEN


any interest therein

Immovable property or 784772330 30/03/1990 21/09/1998 OPEN


any interest therein

Immovable property or 452850000 23/12/2003 - CLOSED


any interest therein

Immovable property or 30000000 08/01/1996 - CLOSED


any interest therein

Floating charge; 2500000000 16/05/2007 - CLOSED


Movable property (not
being pledge)

Immovable property or 18500000 19/12/1984 23/01/1987 CLOSED


any interest therein;
Movable property (not
being pledge)

Immovable property or 50000000 28/03/1994 14/05/1995 CLOSED


any interest therein;
Movable property (not
being pledge)

Movable property (not 250000000 01/08/2001 28/08/2001 CLOSED


being pledge)

6500000000 28/10/1985 07/12/2011 OPEN

Immovable property or 70000000 17/02/2000 - CLOSED


any interest therein;
Movable property (not
being pledge)

Immovable property or 500000 28/12/1978 - OPEN


any interest therein

Directors/Signatory Details
DIN/PAN Name Begin date End date
ANAND GOPAL
00004695 MAHINDRA 01/08/2010 -
DEEPAK SHANTILAL
00009078 PAREKH 29/08/1990 -
00041197 VIKRAM SINGH 30/05/2012 -
MEHTA
RAVINDRA KRISHNA
00059367 KULKARNI 21/08/1997 -
NADIR BURJOR
00066195 GODREJ 28/08/1992 -
AGPPS7690K NARAYAN SHANKAR 26/10/2006 -
PARTHASARATHY
VANKIPURAM
AADPV5236G SRINIVASA 01/04/2014 -
MURUGAPPAN
MURUGAPPAN
00170478 MUTHIAH 28/08/1992 -
ANUPAM PRADIP
00209113 PURI 30/01/2001 -
PAWAN KUMAR
00254502 GOENKA 23/09/2013 -
THOTHALA
NARAYANASAMY
01186248 MANOHARAN 11/11/2016 -
SURYAKANT
BALKRISHNA
02531129 MAINAK 13/11/2013 -
VISHAKHA NIRUBHAI
05292671 DESAI 30/05/2012 -

DATA COLLECTION

Researchers need to consider the sources on which to base and confirm their research and
findings. They have a choice between primary data and secondary sources and the use of both,
which is termed triangulation, or dual methodology.

PRIMARY DATA

Primary data is information that you collect specifically for the purpose of your research project.
An advantage of primary data is that it is specifically tailored to your research needs. A
disadvantage is that it is expensive to obtain.

Primary data is the data collected by :


1. Observation

2. Action research

3. Case studies

4. life histories

5. Questionnaires

6. Ethnographic research

7. Longitudinal studies

IN THIS REPORT, I HAVE USED OBSERAVTION.

SECONDARY DATA

Secondary data is information that has been collected for a purpose other than your current
research project but has some relevance and utility for your research.

If the secondary data you have collected from internal sources will not be sufficient, you can turn
to external sources of data.

Secondary sources are data :

1. Previous research

2. Official statistics

3. Mass media products

4. Diaries

5. Letters

6. Government reports

7. Web information

8. Historical data and information

I HAVE CHOSEN STATISTICS, HISTORICAL DATA AND INFORMATION AND VARIOUS


WEBSITES (NSE, BSE, MCA ETC.)

NATIONAL STOCK EXCHANGE


The National Stock Exchange (NSE) is the leading stock exchange in India and the fourth largest
in the world by equity trading volume in 2015, according to World Federation of Exchanges
(WFE).It began operations in 1994 and is ranked as the largest stock exchange in India in terms of
total and average daily turnover for equity shares every year since 1995, based on annual reports
of SEBI.

NSE launched electronic screen-based trading in 1994, derivatives trading (in the form of index
futures) and internet trading in 2000, which were each the first of its kind in India.

NSE has a fully-integrated business model comprising our exchange listings, trading services,
clearing and settlement services, indices, market data feeds, technology solutions and financial
education offerings. NSE also oversees compliance by trading and clearing members and listed
companies with the rules and regulations of the exchange.

NSE is a pioneer in technology and ensures the reliability and performance of its systems through
a culture of innovation and investment in technology. NSE believes that the scale and breadth of
its products and services, sustained leadership positions across multiple asset classes in India and
globally enable it to be highly reactive to market demands and changes and deliver innovation in
both trading and non-trading businesses to provide high-quality data and services to market
participants and clients.

BOMBAY STOCK EXCHANGE

Established in 1875, BSE (formerly known as Bombay Stock Exchange Ltd.), is Asia's first & the
Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India's leading
exchange groups. Over the past 140 years, BSE has facilitated the growth of the Indian corporate
sector by providing it an efficient capital-raising platform. Popularly known as BSE, the bourse
was established as "The Native Share & Stock Brokers' Association" in 1875. BSE is a
corporatized and demutualised entity, with a broad shareholder-base which includes two leading
global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides
an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual
funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).

BSE also provides a host of other services to capital market participants including risk
management, clearing, settlement, market data services and education. It has a global reach with
customers around the world and a nation-wide presence. BSE systems and processes are designed
to safeguard market integrity, drive the growth of the Indian capital market and stimulate
innovation and competition across all market segments. BSE is the first exchange in India and
second in the world to obtain an ISO 9001:2000 certification. It is also the first Exchange in the
country and second in the world to receive Information Security Management System Standard
BS 7799-2-2002 certification for its On-Line trading System (BOLT). It operates one of the most
respected capital market educational institutes in the country (the BSE Institute Ltd.). BSE also
provides depository services through its Central Depository Services Ltd. (CDSL) arm.

BSE's popular equity index - the S&P BSE SENSEX - is India's most widely tracked stock market
benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the
BRCS nations (Brazil, Russia, China and South Africa).

MINISTRY OF CORPORATE AFFAIRS

MCA regulates corporate affairs in India through the Companies Act, 1956, 2013 and other allied
Acts, Bills and Rules. MCA also protects investors and offers many important services to
stakeholders. This site is your gateway to all services, guidance, and other corporate affairs related
information.

The Ministry of Corporate Affairs (MCA) is an Indian Government Ministry. The Ministry is
primarily concerned with administration of the Companies Act 2013, the Companies Act 1956,
the Limited Liability Partnership Act, 2008 & other allied Acts and rules & regulations framed
there-under mainly for regulating the functioning of the corporate sector in accordance with law.
METHODOLOGY

Hindustan Motors Ltd.

Symbol Series serial Date Open Price Close Turnover in Lacs


No. Price

HINDMOTORS EQ 1 22-Dec-16 6.9 6.75 15.98

HINDMOTORS EQ 2 23-Dec-16 6.8 6.85 11.65

HINDMOTORS EQ 3 26-Dec-16 6.9 6.75 14.06

HINDMOTORS EQ 4 27-Dec-16 6.8 6.9 20.92

HINDMOTORS EQ 5 28-Dec-16 6.95 6.85 14.85

HINDMOTORS EQ 6 29-Dec-16 6.8 6.9 19.65

HINDMOTORS EQ 7 30-Dec-16 6.9 6.9 10.63

HINDMOTORS EQ 8 2-Jan-17 6.95 6.9 18.39

HINDMOTORS EQ 9 3-Jan-17 6.95 7.3 43.24

HINDMOTORS EQ 10 4-Jan-17 7.35 7.3 15.01

HINDMOTORS EQ 11 5-Jan-17 7.2 7.3 10.75

HINDMOTORS EQ 12 6-Jan-17 7.25 7.15 8.79

HINDMOTORS EQ 13 9-Jan-17 7.2 7.15 8.9

HINDMOTORS EQ 14 10-Jan-17 7.15 7.4 37.34

HINDMOTORS EQ 15 11-Jan-17 7.55 8.85 138.08

HINDMOTORS EQ 16 12-Jan-17 9.55 9.05 524.75

HINDMOTORS EQ 17 13-Jan-17 9 8.75 90.03

HINDMOTORS EQ 18 16-Jan-17 8.6 8.65 28.72


HINDMOTORS EQ 19 17-Jan-17 8.7 8.55 26.93

HINDMOTORS EQ 20 18-Jan-17 8.6 8.6 51.18

HINDMOTORS EQ 21 19-Jan-17 8.65 9.15 99.89

HINDMOTORS EQ 22 20-Jan-17 9 8.8 66.58

Open Price

Frequen
Bin cy
7 9
8 6
More 12

Histogram
15

10

Frequency Frequency
5

0
7 8 More
Bin

Close Price
Frequen
cy
7 8
8 6
More 13

Histogram
14
12
10
8
Frequency 6 Frequency
4
2
0
7 8 More
Bin

Trend Analysis

Open Price
12

10

8 f(x) = 0.12x + 6.26 Open Price


R = 0.72
Linear (Open Price)
6

0
Close Price
10
9
f(x) = 0.12x + 6.25
8 R = 0.8
7
Close Price
6
Linear (Close Price)
5
4
3
2
1
0

Forecasting

serial No. Date Open Price Close Price Turnover in Lacs

1 22-Dec-16 6.9 6.75 15.98

2 23-Dec-16 6.8 6.85 11.65

3 26-Dec-16 6.9 6.75 14.06

4 27-Dec-16 6.8 6.9 20.92

5 28-Dec-16 6.95 6.85 14.85

6 29-Dec-16 6.8 6.9 19.65

7 30-Dec-16 6.9 6.9 10.63

8 2-Jan-17 6.95 6.9 18.39


9 3-Jan-17 6.95 7.3 43.24

10 4-Jan-17 7.35 7.3 15.01

11 5-Jan-17 7.2 7.3 10.75

12 6-Jan-17 7.25 7.15 8.79

13 9-Jan-17 7.2 7.15 8.9

14 10-Jan-17 7.15 7.4 37.34

15 11-Jan-17 7.55 8.85 138.08

16 12-Jan-17 9.55 9.05 524.75

17 13-Jan-17 9 8.75 90.03

18 16-Jan-17 8.6 8.65 28.72

19 17-Jan-17 8.7 8.55 26.93

20 18-Jan-17 8.6 8.6 51.18

21 19-Jan-17 8.65 9.15 99.89

22 20-Jan-17 9 8.8 66.58

23 23-Jan-17 8.9945 9.0988 121.8451

24 24-Jan-17 9.1136 9.2228 127.3956

25 25-Jan-17 9.2327 9.3468 132.9461

26 27-Jan-17 9.3518 9.4708 138.4966

27 30-Jan-17 9.4709 9.5948 144.0471

Equation:-
Open- y = 0.1191x + 6.2552, R = 0.7225

Close- y = 0.124x + 6.2468, R = 0.8026

Turnover- y = 5.5505x - 5.8164, R = 0.1079

Turnover in Lacs
600

500
Turnover in Lacs
400 Linear (Turnover in
300 Lacs)

200

100
f(x) = 5.55x - 5.82
0 R = 0.11

Mahindra & Mahindra Ltd.


Symbol
Series Serial No. Date Open Price Close Price Turnover in Lacs

M&M 1 22-Dec-16 1187 1183.6 10111.64

M&M 2 23-Dec-16 1171 1171.6 9014.42

M&M 3 26-Dec-16 1172 1148.7 12253.56

M&M 4 27-Dec-16 1149 1167.25 6736.41

M&M 5 28-Dec-16 1171.1 1174.1 12599.42

M&M 6 29-Dec-16 1177.8 1174.95 9788.06

M&M 7 30-Dec-16 1178.25 1184.7 6043.83

M&M 8 2-Jan-17 1184.5 1229.8 12691.94

M&M 9 3-Jan-17 1230 1222.55 9486.27

M&M 10 4-Jan-17 1222.65 1221.95 6921.73

M&M 11 5-Jan-17 1224 1227.35 15280.82

M&M 12 6-Jan-17 1239 1220.45 13815.83

M&M 13 9-Jan-17 1219.3 1204 6287.3

M&M 14 10-Jan-17 1201 1213.5 3381.63

M&M 15 11-Jan-17 1217.25 1232 8666.47

M&M 16 12-Jan-17 1235 1213.4 3995.31

M&M 17 13-Jan-17 1221.8 1217.85 4804.31

M&M 18 16-Jan-17 1215 1211 5967.33

M&M 19 17-Jan-17 1210 1204.45 5787.44

M&M 20 18-Jan-17 1205.1 1214.6 11875.04

M&M 21 19-Jan-17 1212 1210.8 4760.57

M&M 22 20-Jan-17 1210 1192.05 9195.46


Open Price

Frequen
Bin cy
1175 4
1225 15
More 8

Histogram
20

15

10 Frequency
Frequency
5

0
1175 1225 More
Bin

Close Price

Frequen
Bin cy
1150 1
1200 7
More 19
Histogram
20

15

10 Frequency
Frequency
5

0
1150 1200 More
Bin

Trend Analysis

Open Price
1260

1240

1220 f(x) = 2.48x + 1173.86


R = 0.43
1200 Open Price
Linear (Open Price)
1180

1160

1140

1120

1100
1 2 3 4 5 6 7 8 9 10111213141516171819202122
Close Price
1240

1220 f(x) = 2.1x + 1177.69


R = 0.34
1200
Close Price
1180 Linear (Close Price)

1160

1140

1120

1100
1 2 3 4 5 6 7 8 9 10111213141516171819202122

Forecasting

Date Open Price Close Price Turnover in Lacs


22-Dec-16 1187 1183.6 10111.64
23-Dec-16 1171 1171.6 9014.42
26-Dec-16 1172 1148.7 12253.56
27-Dec-16 1149 1167.25 6736.41
28-Dec-16 1171.1 1174.1 12599.42
29-Dec-16 1177.8 1174.95 9788.06
30-Dec-16 1178.25 1184.7 6043.83

2-Jan-17 1184.5 1229.8 12691.94

3-Jan-17 1230 1222.55 9486.27

4-Jan-17 1222.65 1221.95 6921.73


5-Jan-17 1224 1227.35 15280.82

6-Jan-17 1239 1220.45 13815.83


9-Jan-17 1219.3 1204 6287.3
10-Jan-17 1201 1213.5 3381.63
11-Jan-17 1217.25 1232 8666.47
12-Jan-17 1235 1213.4 3995.31
13-Jan-17 1221.8 1217.85 4804.31
16-Jan-17 1215 1211 5967.33
17-Jan-17 1210 1204.45 5787.44
18-Jan-17 1205.1 1214.6 11875.04
19-Jan-17 1212 1210.8 4760.57
20-Jan-17 1210 1192.05 9195.46
23-Jan-17 1230.9699 1226.0092 6389.79
24-Jan-17 1233.4512 1228.1096 6196.52
25-Jan-17 1235.9325 1230.21 6003.25
27-Jan-17 1238.4138 1232.3104 5809.98

30-Jan-17 1240.8951 1234.4108 5616.71

Equation:-

Open- y = 2.4813x + 1173.9, R = 0.4264

Close- y = 2.1004x + 1177.7, R = 0.3387

Turnover- y = -193.27x + 10835, R = 0.1354


Turnover in Lacs
18000

16000

14000

12000
Turnover in Lacs
10000 f(x) = - 193.27x + 10834.62 Linear (Turnover in Lacs)
R = 0.14
8000

6000

4000

2000

INFERENCES

An investor should take the Graphs of Open Price & Close Price in consideration of both the
companies.

The r- coefficient looked whether it is nearby 1 or not

There is a theory regarding that, if the r-coefficient is nearby 1 or close to 1 on a scale from0-1
then the prediction is much more accurate

There are 2 companies


1. Hindustan Motors Ltd.
2. Mahindra & Mahindra Ld.

The r-coefficient of Hindustan Motors Ltd. is for:

Open- R = 0.7225
Close- R = 0.8026

The r-coefficient of Mahindra & Mahindra Ld. is for:

Open- R = 0.4264
Close- R = 0.3387

From the above we can state that Hindustan Motors Ltd. is much better than Mahindra &
Mahindra Ltd. as the r-coefficient is much closer to 1.

EFFECT OF DEMONETIZATION (Mahindra & Mahindra Ltd.)

Date Open Price Close Price Turnover in Lacs


9-Nov-15 1221 1249.1 7120.51
10-Nov-15 1247.1 1261.15 7578.93
11-Nov-15 1265.15 1264.25 563.12
13-Nov-15 1245.4 1251.4 20517.78
16-Nov-15 1250 1277.9 25687.7
17-Nov-15 1279 1288.8 19302.99
18-Nov-15 1285 1278.3 8922.64
19-Nov-15 1285.1 1292.1 5939.46
20-Nov-15 1292.1 1315.25 26141.35
23-Nov-15 1315.25 1323.5 12061.35
24-Nov-15 1323.5 1319.55 16384.6
26-Nov-15 1324.95 1346.25 12118.02
27-Nov-15 1356 1351.2 22331.24
30-Nov-15 1353 1365.5 33296.61
1-Dec-15 1370 1368.9 16196.01
2-Dec-15 1375 1370.45 13932.47
3-Dec-15 1368.5 1345.7 7625.59
4-Dec-15 1335.6 1315.3 10342.31
7-Dec-15 1318.5 1323.7 7451.36
8-Dec-15 1320 1314.25 12251.36
9-Dec-15 1313 1312.1 14855.75
10-Dec-15 1314 1290.7 9670.94
11-Dec-15 1286 1261.9 8212.34
14-Dec-15 1231.1 1284.8 17352.73
15-Dec-15 1295 1289.05 10035.09
16-Dec-15 1255.25 1218.05 40967.76
17-Dec-15 1215 1247.55 30530.61
18-Dec-15 1245.05 1243.3 17074.49
21-Dec-15 1240 1278.85 11934.11
22-Dec-15 1276.85 1256.55 7710.95
23-Dec-15 1260.5 1251.85 6296.05
24-Dec-15 1252.25 1257.75 4370.03
28-Dec-15 1260 1249.4 7718.11
29-Dec-15 1250 1264.6 5442.64
30-Dec-15 1265.05 1263 5960.73
31-Dec-15 1259 1272.35 7377.18
1-Jan-16 1271.95 1265.35 3095.93
4-Jan-16 1263 1242.5 4536
5-Jan-16 1246 1249.2 9195.18
6-Jan-16 1240.1 1226.15 7277.92
7-Jan-16 1219 1197.45 11660.89
8-Jan-16 1199 1198 21181.46

Open Price
1400

1350

1300
Open Price
1250

1200

1150

1100
Close Price
1400

1350

1300
Close Price
1250

1200

1150

1100

Date Open Price Close Price Turnover in Lacs


8-Nov-16 1384 1384.6 6102.77
9-Nov-16 1314 1333.35 24616.84
10-Nov-16 1357.95 1321.3 16754.19
11-Nov-16 1300 1240.2 29261.64
15-Nov-16 1242 1238.3 25344.81
16-Nov-16 1252 1237.35 16956.39
17-Nov-16 1230 1219.65 6506.31
18-Nov-16 1222.25 1239.85 6769.61
21-Nov-16 1244.45 1199.4 9087.55
22-Nov-16 1210 1219.1 7771.52
23-Nov-16 1224.95 1191.8 6963.33
24-Nov-16 1188 1163.7 19139.41
25-Nov-16 1169.9 1173 8909.75
28-Nov-16 1175 1162.5 7776.69
29-Nov-16 1161 1185.85 12337.63
30-Nov-16 1192 1185.1 11131.69
1-Dec-16 1190 1160.1 7805.56
2-Dec-16 1158 1145.55 12584.93
5-Dec-16 1157.85 1181.3 7768.44
6-Dec-16 1186 1175.4 6427.11
7-Dec-16 1182.9 1182 11116.6
8-Dec-16 1187 1209.2 10873.09
9-Dec-16 1219 1188.35 11694.26
12-Dec-16 1187.2 1165.6 6354.08
13-Dec-16 1164 1167.4 8758.41
14-Dec-16 1174.8 1173.95 6476.86
15-Dec-16 1170 1186.55 11416.4
16-Dec-16 1185 1181 9432.01
19-Dec-16 1183.3 1177.05 8744.81
20-Dec-16 1178.1 1178.6 6271.95
21-Dec-16 1186 1190.45 10005.21
22-Dec-16 1187 1183.6 10111.64
23-Dec-16 1171 1171.6 9014.42
26-Dec-16 1172 1148.7 12253.56
27-Dec-16 1149 1167.25 6736.41
28-Dec-16 1171.1 1174.1 12599.42
29-Dec-16 1177.8 1174.95 9788.06
30-Dec-16 1178.25 1184.7 6043.83
2-Jan-17 1184.5 1229.8 12691.94
3-Jan-17 1230 1222.55 9486.27
4-Jan-17 1222.65 1221.95 6921.73
5-Jan-17 1224 1227.35 15280.82
6-Jan-17 1239 1220.45 13815.83

Open Price
1600

1400

1200

1000 Open Price


800

600

400

200

0
Close Price
1600

1400

1200

1000 Close Price


800

600

400

200

The open Price and Close Price of year 2015-16 and 2016-17 shows variations as the figures of
year 2015-16 shows the open price at much lower than the year 2016-17 and same with the close
price too.

The open Price of 2015-16 is near by 1275 & for the year 2016-17 it is 1400,whereas the close
Price of 2015-16 is 1250 & for the year 2016-17 is 1400

which clearly shows that in the year 2015-16 the price difference is low which shows the profit
margin less whereas in the year 2016-17 the profit margin is higher than the earlier year

The demonetization effects the prices of product as companies shows selling at much higher
prices to not indulge in the wrong practices
REFERENCES

1. https://www.nseindia.com/
2. http://www.bseindia.com/
3. http://www.mca.gov.in/
4. http://www.mca.gov.in/mcafoportal/viewCompanyMasterData.do
5. https://www.nseindia.com/live_market/dynaContent/live_watch/get_quote
/GetQuote.jsp?symbol=M%26M&illiquid=0&smeFlag=0&itpFlag=0#
6. http://www.hindmotor.com/aboutus.asp
7. http://www.mahindra.com/about-us
8. https://www.nseindia.com/live_market/dynaContent/live_watch/get_quote
/GetQuote.jsp?
symbol=HINDMOTORS&illiquid=0&smeFlag=0&itpFlag=0
9. http://www.bluebytes.info/BlueBytes/UserGuide/Reputation_Benchmark_
Study.pdf
10. http://machinist.in/index.php?
option=com_content&task=view&id=544&Itemid=2