social pharmacy d-pharm 1st year by Pragati K. Mahajan
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Rico Wines and Anand Rathi
1. RICO WINERY, VINEYARDS AND WINE PARK,
VIJAYAPUR
Organization Study on In-plant Training on Basic Information at
Specialization Study on Analysis Select Commodity Price Fluctuation in
Commodity Market at
ANAND RATHI SHARE & STOCK BROKERS LTD,
VIJAYAPUR
PROJECT REPORT ON
3. Rico Winery PVT. LTD,
VIJAYAPUR
âą This project related to organization study, which
produces Red and White Wines at Vijayapur.
âą The project is to understand the nature of
business, which deals with the semi-alcoholic
drink wine.
âą The main objective of the project is to
understand departments in Rico Winery Pvt. Ltd
Rico Winery PVT. LTD 3
4. âą Rico winery Pvt. Ltd., has made a timely entry
into this business in 2008, situated 14km from
Vijayapur.
âą The wines from the firm are marketed under
the brand name âRicoâ.
âą Number of workers and labour's were around
90 members.
âą The capacity of manufacturing unit is 4 Lakhs
liters per year.
Rico Winery PVT. LTD 4
5. PORTFOLIO OF WINES
RICO CABERNET SHIRAZ
RICO STRONG RED WINE
HEARTFORT
RICO 99
RICO 89
RICO STRONG WHITE WINE
RICO SAUVIGNON BLANC
RICO RED WINE
RICO WHITE WINE
Rico Winery PVT. LTD 5
6. SWOT Ana lysis
Strength ï
ïŒ Transport department is self-owned by the organization.
ïŒ The machinery, equipmentâs, technology used in organization is
more advanced comparing to competitors.
ïŒ The organization owns 4acres of land and building.
ïŒ The organization has its own laboratory for wine testing.
Weakness ï
ï» Lack of co-ordination between departments and employees.
ï» Lack of managerial and technical skills in several workers and
employees.
7. Opportunities ï
ï Giving opportunities to skilled and unskilled Labourâs.
ï Opportunity to increase production capacity.
ï Opportunity to adopt expansion and diversification by installing
new plans in plant.
ï Opportunities to bring new technologies in the organization.
Threats ï
ï Basically the unit uses seasonal agro based raw material which
depend on the seasons and climatic conditions.
ï Fluctuation of raw materialâs prices in the market due to the
government intervention in price fixation of raw material.
ï Labourâs problems who are seasonal Labourâs are busy at outside
work like Sugar factory.
10. FUTURE PLANS
â Upcoming wines are Apple & Pineapple wines
â To promote rural development
â Planning to go for expansion of plant at Bangalore
called âINDIAN INSTITUTE OF WINEâ.
â Planning to go for latest technology like automatic
bottling, filling, labeling.
â To promote agriculture and well begins amongst
members.
11. ïżFINDINGS
ïżNumbers of workers working in this organization are
male.
ïżAlmost all the employees of the organization are
satisfied with their job.
ïżExperienced and dedicated team of staff and workers.
ïżThe management provides all the facilities to the
workers.
ïżIt gives large employment to unskilled Labourâs.
ïżThe maximum number of workers in this organization
is of middle age.
ïżRate of Return on Investment (ROI) is increasing year
by year, so it is a good sign for the organization.
13. âą This project related to specialization study,
which is leading stock brokerage in India.
âą The project mainly emphasizes on âAnalyze
Select Commodity Price Fluctuations in
Commodity Marketâ this study was undertaken
to know the Characteristic & Various Activities
perform by commodity market.
ANAND RATHI SHARE &
STOCK BROKERS LTD, VIJAYAPUR
14. âą The study contains the Select Commodities
are Coriander, Cumin Seeds, Turmeric and,
Cardamom.
âą Commodity
âą Commodity Future
âą Commodity Derivative Market
ANAND RATHI SHARE &
STOCK BROKERS LTD, VIJAYAPUR
14
INTRODUTION TO CONCEPT
17. RESEARCH METHODOLOGY
OBJECTIVE OF STUDY
âą To understand the trading mechanisms & how the online
commodity works.
âą To study the market characteristics of Selected Commodities
(Coriander, Jeera, Turmeric, Cardamom).
âą To study the Influencing price fluctuation in Commodity
Market.
18. LIMITATION OF STUDY
ï¶ The study was concentrated mainly on Indian Scenario.
ï¶ The study is restricted to only few commodities, as the data
for certain commodities was not available.
ï¶ The majority of data collected from secondary source.
ï¶ The study is restricted to only a day price fluctuation of charts,
as the data for certain month price fluctuation is not available.
19. Why Spices?
ï¶ India is known as the 'The home of spices'.
ï¶ India is the leading producer, consumer and exporter of
spices in the world and meets nearly half of the global
demand for spices.
ï¶ Spices are produced almost in all states of India.
ï¶ A whopping 75 spices out of 109 listed by ISO are produced in
India.
21. MARKET ANALYSIS
NCDEX CORIANDER (DHANIYA) FUTURES
Coriander prices were down -2.44% to Rs 8,585 per quintal in futures
trade. At the National Commodity and Derivatives Exchange, coriander for January
next year contract was trading Rs -215, or -2.44% lower at Rs 8,585 per quintal with
an open interest of 17,020 lots. Similarly, the spice for delivery in March & April
2016 is also traded lower by Rs -210 & -125, or -2.57% & -1.53%, to Rs 7,965 &
Rs.8,050 per quintal respectively, with an open interest of 3,120 lots. The spot price
of Dhaniya is 10,020.5/100 kg (Kota).
23. MARKET ANALYSIS
NCDEX JEERA FUTURES
Jeera prices were down -1.61% to Rs 14,360 per quintal in futures trade. At
the National Commodity and Derivatives Exchange, Jeera for the January next year
contract was trading Rs -235, or -1.61% lower at Rs 14,360 per quintal with average
trade of Rs. 14,399. Similarly, the spice for delivery in March & April 2016 is also
traded lower by Rs -240 & -200, or -1.64% & -1.36%, to Rs 14,360 & Rs.14,485 per
quintal respectively with the spot price of Jeera is 15,300/100 kg (Unjha).
25. MARKET ANALYSIS
NCDEX TURMERIC FUTURES
Turmeric prices were up 1.44% to Rs 10,010 per quintal in futures trade. At
the National Commodity and Derivatives Exchange, Turmeric for April 2016 next
year contract was trading Rs 142 or 1.44% higher at Rs 10,010 per quintal with
average trade of Rs. 10,009. Similarly, the spice for delivery in May & June 2016 is
also traded higher by Rs 98 & 90, or 0.97% & 0.88%, to Rs 10,168 & Rs.10,300 per
quintal respectively with the spot price of Turmeric is 10,500/100 kg (Sangli).
27. MARKET ANALYSIS
NCDEX CARDAMOM FUTURES
Sharp rise in cardamom production in the country in recent years without
a corresponding growth in export and domestic demand is pulling its prices to
below remunerative levels.
The contract for January was trading at Rs 681.7/Kg , down by 2.68% or Rs -18.8
from its previous closing of Rs 700.5/Kg. The open interest of the contract stood at
1071.00 lots.
The contract for February was trading at Rs 735.1/Kg , down by 0.16% or Rs -6.40
from its previous closing of Rs 741.5/Kg. The open interest of the contract stood at
537.00 lots on MCX. The spot price of Cardamom is 725/1kg (Telangana).
28. ïżFINDINGS
ANAND RATHI - VIJAYAPUR
ïżThere is lack of awareness of commodity market at
Anand Rathi.
ïżMajority of investor at Anand Rathi prefer to invest in
Equity Market, Slowly Investors are attracting towards
Commodity Market.
ïżThe investors at Anand Rathi prefer MCX over NCDEX
for the investing in commodities while no one prefer
to invest in the exchanges like NMCE, NBOT.
ïżIt was found that most of the investors (as well as
farmers) found it very difficult to understand the
operations of commodity exchange.
29. COMMODITY PRICE
ïżIt was found that the prices of the commodities are
seasonal, i.e. low at the harvesting time and high at the
sowing time.
ïżIndian coriander production for the crop year 2014-15 is
estimated to be around 380 thousand tonnes against the last
year production of 300 thousand tonnes. Current year 2015-
16 production is 3% higher compared to last three yearsâ
average production of 368 thousand tonnes, leading to the
increase in the supply and hence the overall trend of the
Coriander (Dhaniya) seems to be bearish.
ïżThe projected yield Cumin seeds (Jeera) for the 2015-16 is 4
Lakh tonnes compared to 2.5 Lakh in 2014-15, leading to the
increase in the supply and hence the overall trend of the
Cumin seeds (Jeera) seems to be bearish.
ïżFINDINGS
30. COMMODITY PRICE
ïżDec â Mar 2016; Turmeric futures may trade higher due to
reports of limited arrivals and good demand for the spice in
major spot markets at Erode (T.N) and Sangli (MH).
ïżCardamom output has been rising steadily from 10,380
tonnes in 2010-11 to 15,000 the next fiscal and to 16,000
tonnes in 2013-14. In 2014-15, it is estimated at 18,000
tonnes. The trade estimates put the production in 2015-16
at around 30,000 tonnes. Hence, trend of the Cardamom
seems to may remain stable in the range of 650 - 735 levels.
ïżIn the bullish market, the investors can earn profits by
buying the commodity futures.
ïżIn the bearish market, the investors can earn profits by
selling the commodity futures.
31. ïSUGGESTIONS
ANAND RATHI - VIJAYAPUR
ï Anand Rathi should take effective measures to create
awareness about Commodity Market.
ï The government along with commodity exchanges
should take effective measures to develop user
friendly investment environment.
ï The commodities are very complex financial
instruments. Hence the investor should take at most
care while trading.
ï It was found that most of clients were satisfied with
online mode of trading, followed by mode of Tele
calling. So, recommend to continues as same above.
ï The investor should keep regular check of the market
as the market fluctuates anytime.
32. ïSUGGESTIONS
COMMODITY PRICE
ï The analysis shows the Continues downfall in Cumin Seeds
(Jeera) and Coriander (Dhaniya). Hence, recommend to
SELL on pullbacks.
ï Currently Coriander is in SELL position Coriander is in
sideways but the trend looks weak so better SELL above
8,600 or HOLD with stop at 8,200.
ï Recommended to buy Cumin Seeds (Jeera), it may trade
with higher price at future in month of May-June 2016,
because of higher consumption so that best buying option
above Rs. 14, 370.
ï Turmeric futures prices extended its bullish trend due to
declined arrivals in spot markets. Hence, recommend to
BUY for Rs.10, 020 and HOLD price might be trade at
higher in month of Jan â Mar 2016. The demand may
increase in coming days as the supply may squeeze from
here on.
Commodity â any product can be used for commerce, which is traded on an authorized commodity exchange.
Commodity Derivative Market â it is financial instrument, which derives its value is based on another security (from underlying commodity).
FACTOR INFLUENCING PRICE OF CORIANDER
ïŒ Climate Condition, It requires cool climate during growth stage and warm dry climate at
maturity. It can be cultivated in all most all types of soils but well drained loamy soil suits well.
Extent of area sown under the crop, condition of the crop and output expectation. Rainfall and
weather conditions that could affect the crop output.
ïŒ Domestic Supply & Demand, Any changes in demand both domestic as well as international
markets
ïŒ World Production & Export (Malaysia, Pakistan, South Africa, Saudi Arabia, U.K).
ïŒ Sowing & harvesting, sown during 15th October to 15th November in an area free from severe
frost during February when the crop flowers and sets its seeds. The crop matures in about 110
to 140 days. At maturity, seeds turn to yellowish green colour.
ïŒ Trade policies, any change in government policy relating to change in tariffs etc.
FACTOR INFLUENCING PRICE OF JEERA
ïŒ Climate Condition, Extent of area sown under the crop, condition of the crop and output
expectation. Rainfall and weather conditions that could affect the crop output.
ïŒ Jeera crop is highly sensitive to rain. High humidity during flowering & fruit bearing stage causes
fungal diseases in this crop.
ïŒ Sowing & harvesting, sown held in winter season during 15th October to 15th December. It
takes 120-125 days for the plant to mature and the plant gets ready to harvest when it turns
yellowish brown in February to March.
ïŒ The quality of cumin seeds of Rajasthan is better than that of Gujarat, but due to the high stalk
content its price is usually lower than the cumin seed produced in Gujarat.
ïŒ World Production & Export (Brazil, USA, Pakistan, Malaysia, Nepal).
ïŒ Domestic Supply & Demand, demand supply situation in major sources.
FACTOR INFLUENCING PRICE OF TURMERIC
ïŒ Climate Conditions, (hot and humid) it grows in light black, black clayey loams and red soils in
irrigated and rained conditions with temperature ranging between 20 to 30 degrees.
ïŒ Sowing and Harvesting, Its sowing begins in June and extends up to August. The crop is
harvested when the leaves turn yellowish after 7 to 10 months of plantation and start drying
up.
ïŒ International trading price.
ïŒ Domestic and Export demand.
FACTOR INFLUENCING PRICE OF CARDAMOM
ïŒ Weather conditions in India, especially the onset of rains.
ïŒ Government policies with regard to import and exports.
ïŒ Global and Domestic Production /Demand.
ïŒ Cost of Carry components (Warehousing, Assaying, Demat charges)
ïŒ Seasonal variations and time of arrival of the crop in the market.
ïŒ Year ending stocks and stocks-to-consumption ratio.