“Ratio Analysis and Comparative Study of Financials of Iocl with Its Competitors”

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  • Published : April 25, 2013
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Summer Training Project Report
On
“Ratio Analysis and Comparative Study of Financials of IOCL with its Competitors” Submitted for partial fulfilment of the Award
Of
Master of Business Administration
DEGREE
(2011-2013)
SUBMITTED BY
ARUSHIBHUTANI
1103270034
UNDER THE GUIDANCE OF
Internal Guide:JayaPandey
School of Management
ABES ENGINEERING COLLEGE,
GHAZIABAD

AFFILIATED TO
MAHAMAYA TECHNICAL UNIVERSITY, NOIDA
Candidate’s Declaration/Certificate

I “ARUSHI BHUTANI” hereby declare that the work which is being presented in this report entitled “Ratio Analysis and Comparative Study of Financials of IOCL with its Competitors” is an authentic record of my own work carried out under the supervision of Ms. “JAYA PANDEY”.

The matter embodied in this report has not been submitted by me for the award of any other degree.

Dated:
ARUSHI BHUTANI
MBA Department

This is to certify that the above statements made by the candidate are correct to the best of my knowledge.

Prof. RakeshPassiJAYA PANDEY
Head of DepartmentDesignation:
Date:Department:
Date:

ACKNOWLEDGEMENT
“Interdependence is a higher value than independence”
Some says “Managers are born and some says managers are made”. I was also in some dilemma before commencing my Summer Internship Project. But after the successful completion of my summer internship project, I came to know that managers are made if they are guided properly and are motivated to walk willingly towards fulfillment of specific goals. First of all, I express my sage sense of gratitude and indebtedness to H.O.D Prof. RakeshPassi and my mentor Ms. Jaya Pandey(Faculty) for her valuable guidance and intellectual suggestions during this project. I express my sage sense of gratitude to my company mentor Mr. ShantanuSaxena (Senior Manager) for his kind advice, suggestions and constant help in a lot of various ways during project course and I also thankful to Mrs. Shweta Gupta (Manager) who was kind enough to give an opportunity to work under their immense expertise. Last but not the least I would like to express my heartily gratitude to my parents without their support and blessings that work was not possible. DATE:

PLACE:(ARUSHI BHUTANI)

CONTENT
PART – 1

CHAPTER-16
INTRODUCTION7
NEED OF THE STUDY21
SCOPE OF THE STUDY22
OBJECTIVE OF THE STUDY23
PART – 2

CHAPTER-225
RESEARCH METHODOLOGY26
LIMITATIONS28
CHAPTER-329
DESCRIPTIVE WORK30
CHAPTER-464
DATA ANALYSIS AND INTERPRETATION65
CHAPTER-587
CONCLUSION AND SUGGESTION88
CHAPTER-6102
REFERENCES103



PART – I


CHAPTER-I
INTRODUCTION
NEED OF THE STUDY
SCOPE OF THE STUDY
OBJECTIVE OF THE STUDY

INTRODUCTION
Introduction to IOCL
ESTABLISHMENT OF IOCL

In order to ensure greater efficiency and smooth working, the Government of India decided to merge the refining and distribution activities. The Indian Refineries and Indian Oil Company were combined to form the giant Indian Oil Corporation Limited (IOCL) on 1st September 1964 with its registered office at Bombay. In 1967, the pipeline division of the corporation was merged with the refineries division. Research and Development centre of Indian Oil came into existence in 1972. In October 1981, Assam Oil Company was nationalized and has been amalgamated with IOCL as Assam Oil Division (AOD).


IOCL TODAY

Indian Oil is not only the largest commercial enterprise in the country; it is the flagship corporate of the Indian Nation. It is the highest ranked Indian Corporate in the prestigious FORTUNE ‗GLOBAL 500‘listing. One of the NAVRATNAcompanies. Besides having a dominant market share, Indian Oil is widely recognized as India‘s dominant energy brand and customers perceive Indian Oil as a reliable symbol for high quality products and...
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