financial analysis
FINANCIAL PERFORMANCE OF
OSWAL WOOLEN MILLS LTD.
A PROJECT REPORT
Submitted by:
Soni kalsi
In partial fulfillment of requirement for the degree of
MASTER OF BUSINESS ADMINISTRATION
(SUMMER TRAINING)
GURU NANAK DEV ENGINEERING COLLEGE
(PUNJAB TECHNICAL UNIVERSITY, JALANDHAR)
JUNE-JULY 2011
ACKNOWLEDGEMENT
Behind this successful undertaking is the blessing and guidance of many. This formal piece of acknowledgement may not be sufficient to express my feelings of gratitude and deep respect that have experienced during my learning process at NAHAR GROUP. This endeavor would not have been successful without the help and encouragement from a lot of people with whom I had good fortunate of interacting during course of journey. I am indebted to MR.SOOD for the knowledge and experience that I gained from him during course of training which I can easily look at as my most rewarding phase the course of my study. Without his immaculate and intellectual guidance, sustained efforts and friendly approach, it would have been difficult to achieve the result in a short span of period. Not leaving behind the contribution of all other staff members at Finance Department for sharing with us the wealth of their experience and knowledge.
PREFACE
MBA is stepping stone to management career. In order to achieve practical, positive and concrete results, the classroom learning need to be effectively fed to the realities of the situation existing outside the classroom. This is practical true for management. To develop healthy managerial and administrative skills in the potential managers it is necessary that theoretical knowledge must be supplemented with exposure of real environment. Actually it is very vital for the management and it is in the practical training that the measuring of management is itself realized. I took summer training in well-managed organization and was fortunate to get a
OSWAL WOOLEN MILLS LTD.
A PROJECT REPORT
Submitted by:
Soni kalsi
In partial fulfillment of requirement for the degree of
MASTER OF BUSINESS ADMINISTRATION
(SUMMER TRAINING)
GURU NANAK DEV ENGINEERING COLLEGE
(PUNJAB TECHNICAL UNIVERSITY, JALANDHAR)
JUNE-JULY 2011
ACKNOWLEDGEMENT
Behind this successful undertaking is the blessing and guidance of many. This formal piece of acknowledgement may not be sufficient to express my feelings of gratitude and deep respect that have experienced during my learning process at NAHAR GROUP. This endeavor would not have been successful without the help and encouragement from a lot of people with whom I had good fortunate of interacting during course of journey. I am indebted to MR.SOOD for the knowledge and experience that I gained from him during course of training which I can easily look at as my most rewarding phase the course of my study. Without his immaculate and intellectual guidance, sustained efforts and friendly approach, it would have been difficult to achieve the result in a short span of period. Not leaving behind the contribution of all other staff members at Finance Department for sharing with us the wealth of their experience and knowledge.
PREFACE
MBA is stepping stone to management career. In order to achieve practical, positive and concrete results, the classroom learning need to be effectively fed to the realities of the situation existing outside the classroom. This is practical true for management. To develop healthy managerial and administrative skills in the potential managers it is necessary that theoretical knowledge must be supplemented with exposure of real environment. Actually it is very vital for the management and it is in the practical training that the measuring of management is itself realized. I took summer training in well-managed organization and was fortunate to get a
References: Jing Liu, Doron Nissim, and Jacob Thomas; “Is Cash Flow King in Valuations” (2007) Financial Analysts Journal Vol.63 No02, 2007 CFA Institute [12] Kallunki, Juha-Pekka and Paakki, Eija, "Stock Market Response to IFRS/IAS Cash Flows" (August 11, 2005) Lev, Baruch and Paul Zarowin, 1999, "The Boundaries of Financial Reporting and How to Extend Them", Journal of Accounting Research [14] Liu, Nissim, and Thomas (March 2002) “Equity Valuations using Multiples” Journal of Accounting Research 40(1)