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FINANCIAL MARKETS MANAGEMENT
PROJECT
K NIVITHAA SREE
XI-B
INDEX
S.NO TOPIC PAGE NO

1. INTRODUCTION
i) BAJAJ FINANCE LIMITED
ii) RELIANCE INDUSTRIES LIMITED
iii) STATE BANK OF INDIA 2
iv) GODREJ CONSUMER PRODUCTS LIMITED (GCPL)
v) ITC LIMITED
2. SUGGESTION 11
3. CONCLUSION 12
4. BIBLIOGRAPHY 13
1
1. INTRODUCTION
i) BAJAJ FINANCE LIMITED

Originally incorporated as Bajaj Auto Finance Limited on March 25, 1987, as a
non-banking financial company, primarily focused on providing two and
three-wheeler finance.
Bajaj Finance launched its Initial Public Offer (IPO) in 1994. In the same year,
Bajaj Finance was listed on the Bombay Stock Exchange (BSE) as well as the
National Stock Exchange of India (NSE).
Bajaj Finance stock price went down today, 20 Oct 2023, by -0.88 %. The stock
closed at 7842.6 per share. The stock is currently trading at 7773.95 per share.
Sanjiv Bajaj is the Chairman of Bajaj Finance Limited and Chairman and
Managing Director of Bajaj Finserv Limited, the holding company of the financial
services businesses of the Bajaj Group.
Bajaj Finserv is focused on continuous innovation through the smart use of
technology, data and analytics to drive seamless, simplified and personalized
experiences for its customers.
2
As of January 2, 2024, Bajaj Finance's fixed deposit (FD) interest rates are:
● Senior citizens: Up to 8.85% per year
● Customers under 60: Up to 8.60% per year
● Senior citizens receive an additional 0.25% per year on their deposits
Bajaj Finance's home loan interest rates for salaried customers start at 8.50% per
year in 2024.
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ii) Reliance Industries Limited.
Reliance Industries Limited is an Indian multinational conglomerate headquartered

in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail,
telecommunications, mass media, and textiles. Reliance is the largest public
company in India by market capitalization and revenue,and the 100th largest
company worldwide.It is India's largest private tax payer and largest exporter,
accounting for 7% of India's total merchandise exports. The company has relatively
little free cash flow and high corporate debt.
Reliance Industries Ltd (RELIANCE) is expected to experience strong growth in

2024. Initial target for RELIANCE is ₹2739.31 in 2024, with market volatility
might lead to fluctuations mid-year, peaking at ₹2931.2. Tradersunion.com's
analytical forecasts state that the price of RELIANCE stocks may reach ₹3,122.96
by the end of 2024.
In January 2024, RIL shares saw a spike of 12 percent, while the stock has risen by
9 percent in the last three trading sessions.
4
RIL has announced that it will commission a new energy giga complex in
Jamnagar, Gujarat in the second half of 2024.
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iii) STATE BANK OF INDIA
State Bank of India (SBI) is an Indian multinational public sector bank and
financial services statutory body headquartered in Mumbai, Maharashtra. SBI is
the 48th largest bank in the world by total assets and ranked 221st in the Fortune
Global 500 list of the world's biggest corporations of 2020, being the only Indian
bank on the list. It is a public sector bank and the largest bank in India with a 23%
market share by assets and a 25% share of the total loan and deposits market. It is
also the tenth largest employer in India with nearly 250,000 employees.
SBI's share price is expected to reach ₹698.34 in 2024. Cnbctv18.com says that the
street expects India's biggest lender to surpass ₹800 in 2024. An expert named
Prabhudas Lilladher expects SBI's share price to rise further, with an initial target
of 660 levels. He also expects a breakout for higher targets of ₹695 and ₹715 if
there's a decisive breach above.
According to businesstoday.in, one investor has set a conservative target of ₹800
for SBI in 2024, which is about a 25% increase from its current levels.
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iv) Godrej Consumer Products Limited (GCPL)
Godrej Consumer Products Limited (GCPL) is a multinational consumer goods

company based in Mumbai, India. GCPL's products include:
● Personal care: Saniter, Cinthol, PAMELA GRANT Beauty, Villeneuve,
Millefiori, purest hygiene and goodness.me
● Home care: good knight, HIT, aer, Stella, and Ezee
● Hair care: Godrej Powder Hair Dye, Renew, ColourSoft
● Toiletries: Cinthol, Godrej Fair Glow, Godrej No. 1, Godrej Shikakai
● Liquid detergents: Ezee
● Cosmetics: Shaving creams, talcum powder
● Household cleaners: Fabric detergents
GCPL's tagline is "Consumer Products - Let's make Goodness".
As of February 2, 2024, Godrej Consumer Products' (GCP) stock price was

1236.85 on NSE. As of January 26, 2024, the stock closed at 1162.8 per share.
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The initial price target for GCP in 2024 will be ₹1179.32. With favourable market
conditions, the mid-year price target could reach ₹1170.81.
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v) ITC LIMITED
ITC Limited is an Indian conglomerate company that has a variety of businesses.

ITC's businesses include:
● Fast-moving consumer goods (FMCG)
● Hotels
● Paperboards, paper, and packaging
● Agri business
● Information technology
● Software
● Specialty papers
●
ITC's products include:
● Gourmet coffee
● Atta, vermicelli, ghee, salt, spices, ready-to-eat meals, and instant mixes
● Biscuits, cookies, and cakes
● Potato chips and finger snacks
● Instant noodles and pasta
● Spices, papad
● Juices and beverages
● Fresh dairy, ghee, lassi, mishti doi, paneer, curd
ITC is headquartered in Kolkata, West Bengal and exports its products to 90
countries.
ITC was originally incorporated in 1910 as the Imperial Tobacco Company of
India Limited. In 1970, the name was changed to India Tobacco Company Limited
and in 1974 to I.T.C. Limited.
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As of February 1, 2024, ITC Ltd.'s stock price closed at ₹441.55 per share, with a
trading volume of 19,579,307 shares on the National Stock Exchange (NSE). On
February 2, 2024, the stock's value stood at ₹445.00, which is a 0.47% increase.
According to indiapropertydekho.com, ITC's share price targets for 2024 are:
● September 2024: Maximum target of ₹544.27, minimum target of ₹473.28
● October 2024: Maximum target of ₹533.59, minimum target of ₹464.00
● November 2024: Maximum target of ₹549.60, minimum target of ₹477.91
● December 2024: Maximum target of ₹563.34, minimum target of ₹489.86
●
In January 2024, ITC announced an interim dividend of ₹6.25 that would be paid
to eligible shareholders between February 26 and February 28, 2024.
10
2.SUGGESTION
- I would suggest Reliance as it is the top-most ranked company from India

to feature in Fortune's Global 500 list of “World's Largest Companies”.
- Reliance is one of India's largest companies with operations in
petrochemicals, refining, telecommunications, and retail.
- The company has been a major player in the growth of the Indian telecom
industry through its subsidiary, Jio.
- Reliance has shown significant growth and expansion in various sectors.
- I would also suggest ITC as it is a diversified company with business

interests in various sectors, including cigarettes, FMCG (Fast-Moving
Consumer Goods), hotels, paperboards, and agribusiness.
- Historically, ITC has been considered a defensive stock due to its presence
in the FMCG sector.
- Investors often look at ITC for its dividend-paying history.
11
3. CONCLUSION
In this project report , a detailed analysis has been made on five different
companies. This includes the company’s current and initial market price, date at
which the stocks were first offered to the public, last 8 months trading trend as well
as the reason for variation in its market price.
Moreover , suggestions are also given based on the above chart analysis.
With the help of this information, it is easier to determine the companies in which
investment can be made to get back better returns in the future.
12
4. BIBLIOGRAPHY
https://in.tradingview.com
https://www.wikipedia.org
https://finance.yahoo.com
https://chat.openai.com
13

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FINANCIAL MARKETS MANAGEMENT

S.NO TOPIC PAGE NO

i) BAJAJ FINANCE LIMITED

Reliance Industries Limited is an Indian multinational conglomerate headquartered

Reliance Industries Ltd (RELIANCE) is expected to experience strong growth in

Godrej Consumer Products Limited (GCPL) is a multinational consumer goods

GCPL's tagline is "Consumer Products - Let's make Goodness".

As of February 2, 2024, Godrej Consumer Products' (GCP) stock price was

ITC Limited is an Indian conglomerate company that has a variety of businesses.

- I would suggest Reliance as it is the top-most ranked company from India

- I would also suggest ITC as it is a diversified company with business

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