Seybold Report ISSN: 1533-9211
Lalit Chouhan, Dr. Hardik Brahmbhatt, Dr. Amit Gupta
Vol 18, No 11 ( 2023 ) | Licensing: CC 4.0 | Pg no: 94-108 | Published on: 22-11-2023
Abstract
Financial performance, which includes fundamental analysis, including DCF valuation and financial modeling, enables a comprehensive understanding of a business at its core financial level. It aids in evaluating the accurate value of shares, guiding investors in making informed investment decisions. The primary objective is to determine whether shares are overpriced or underpriced. This analysis follows a structured framework, incorporating economic, financial, qualitative, quantitative, industry, and company analysis. In the power sector, with a growing focus on renewable energy sources, there are bright prospects for Indian energy businesses. For this research paper, Tata Power, a major leader in the sector and listed on the NSE, is selected. The company operates in various segments, such as power generation, transmission and distribution, renewable energy (solar and wind power), and project management. The analysis relies on secondary data from sources like the NSE website, annual reports, and other relevant sources. The company's fundamentals are assessed using the previous financials of the company P&L, Cash flow and Balance sheet.
Keywords:
Financials, Tata Power Ltd, Valuations, Financial Modelling, DCF