A fundamental analysis of stock valuation of Grameen Phone Limited and Robi Axiata Limited and recommending investing decisions
This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.
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| פורמט: | Internship report |
| שפה: | English |
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Brac University
2024
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| גישה מקוונת: | http://hdl.handle.net/10361/22907 |
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10361-229072024-05-23T21:00:44Z A fundamental analysis of stock valuation of Grameen Phone Limited and Robi Axiata Limited and recommending investing decisions Mahtab, Juhayer Haque, Mohammad Mujibul Brac Business School, Brac University Stock valuation Investing decisions Grameen Phone Limited Robi Axiata Limited Corporations--Valuation Investments Telecommunication equipment industry--Bangladesh This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023. In this report, I have done stock valuation for the companies Grameen Phone Limited and Robi using fundamental analysis supported by the top-down valuation approach to recommend investment decisions for the investors. After the valuation, the intrinsic values are compared with the actual market close price dated on 17th December, 2023. The investment decision is given based on this comparison; to invest in an undervalued stock and not to invest in an overvalued stock. In the first part of the report, my internship experience at IDLC Securities Limited is covered. It contains information about my responsibilities and contribution to the organization. It also covers the challenges that I faced and my recommendations to both the organization and students regarding the internship program. It also sheds light on the advantages of this internship program. In the organization part of the report, the organization’s functional departments’ practices and performances have been discussed, namely, Finance, Accounting, Marketing, HRM, and Operations. The organization’s SWOT analysis and industry favorability using Five Porter’s Forces have also been done. Recommendations have been provided based on these analyses. The scope and limitations have also been discussed along with the methodology. In the project part, as top-down method suggests, the overall economy is discussed taking GDP, population, and unemployment as parameters taking data from 2017 to 2022. Then the telecommunication industry is analyzed using the industry cycle along with the future prospect of the industry. Forecasts have been done based on judgement and statistical reports for the year 2023. Finally, Robi’s and Grameenphone’s performances have been critically evaluated reviewing financial highlights. Then, the stock valuation is done using the Dividend Discount Model. Growth rate has been adjusted as par the previous analyses. Finally, investment decisions are recommended. The methodology and significance have been discussed discreetly for this part. At the end of the project part, the stock of Grameen Phone Limited was seen to be undervalued and the stock of Robi was seen to be overvalued. Thus, recommendations were given for investors to buy the stock of Grameen Phone Limited and not to buy, rather sell the stock of Robi. It is also advised that portfolio composition is not taken into consideration in this stock valuation Juhayer Mahtab B. Business Administration 2024-05-23T12:37:46Z 2024-05-23T12:37:46Z ©2023 2023-09 Internship report ID 20104136 http://hdl.handle.net/10361/22907 en Brac University internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 88 pages application/pdf Brac University |
| institution |
Brac University |
| collection |
Institutional Repository |
| language |
English |
| topic |
Stock valuation Investing decisions Grameen Phone Limited Robi Axiata Limited Corporations--Valuation Investments Telecommunication equipment industry--Bangladesh |
| spellingShingle |
Stock valuation Investing decisions Grameen Phone Limited Robi Axiata Limited Corporations--Valuation Investments Telecommunication equipment industry--Bangladesh Mahtab, Juhayer A fundamental analysis of stock valuation of Grameen Phone Limited and Robi Axiata Limited and recommending investing decisions |
| description |
This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023. |
| author2 |
Haque, Mohammad Mujibul |
| author_facet |
Haque, Mohammad Mujibul Mahtab, Juhayer |
| format |
Internship report |
| author |
Mahtab, Juhayer |
| author_sort |
Mahtab, Juhayer |
| title |
A fundamental analysis of stock valuation of Grameen Phone Limited and Robi Axiata Limited and recommending investing decisions |
| title_short |
A fundamental analysis of stock valuation of Grameen Phone Limited and Robi Axiata Limited and recommending investing decisions |
| title_full |
A fundamental analysis of stock valuation of Grameen Phone Limited and Robi Axiata Limited and recommending investing decisions |
| title_fullStr |
A fundamental analysis of stock valuation of Grameen Phone Limited and Robi Axiata Limited and recommending investing decisions |
| title_full_unstemmed |
A fundamental analysis of stock valuation of Grameen Phone Limited and Robi Axiata Limited and recommending investing decisions |
| title_sort |
fundamental analysis of stock valuation of grameen phone limited and robi axiata limited and recommending investing decisions |
| publisher |
Brac University |
| publishDate |
2024 |
| url |
http://hdl.handle.net/10361/22907 |
| work_keys_str_mv |
AT mahtabjuhayer afundamentalanalysisofstockvaluationofgrameenphonelimitedandrobiaxiatalimitedandrecommendinginvestingdecisions AT mahtabjuhayer fundamentalanalysisofstockvaluationofgrameenphonelimitedandrobiaxiatalimitedandrecommendinginvestingdecisions |
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