Equity Research Report on Kotak Mahindra Bank Ltd. and ICICI Bank Ltd.

Abstract

The Project on ‘Equity Research Report on Kotak Mahindra Bank Ltd. and ICICI Bank Ltd.’is based on the Economic analysis of the country i.e. India. Then the sector analysis of the Banking sector based on Porter’s five forces model, government initiatives for the sector. Lastly, the company analysis which focuses on its vision, top management team and it’s financial analysis. The project is based on the research and working of the banking industry. It also focuses on the working of the capital markets and the cause and effect of the decision of management and also external environment affects the sector as well the companies. Report will also reflect how changes on a macro level i.e. in the Indian economy affects the working of the two companies. The effect in share price, dividend distribution is affected by various internal and external factors. Also how the sector is contributing towards the GDP of the country. The reason for choosing banking sector is that in the current scenario banks are and will be playing vital role in recovering of the economy from the crisis. Also banks are one of the pillars on which the economy works and is regulated. So the crisis faced by the sector inadvertently affects the economy as a whole. Also the market capitalisation of the company is Rs. 268,080 Cr & Rs. 231,329 Cr for Kotak Mahindra and ICICI respectively. Further, a detail qualitative and quantitative analysis on both the companies is done with the help of various financial ratios, swot analysis business model etc. Also the companies business ethics, corporate governance is also to be checked. Also, we have to study the external and economic environment of the country. Knowledge of the prevailing economic environment would help in better analysis of companies’ growth and performance in the near future.