The Finance and Investments Club at the Indian Institute of Management, Calcutta, jointly with Elara Capital, hosted the first ever “Stock pitch Competition” on the campus over the weekend. The competition was aimed at helping students understand the working of Indian stock and generating interest towards the field of equity markets.
Crux of the Matter
More than 20 teams from various programs of IIM Calcutta participated in this competition, and 3 teams were shortlisted for the final round. The teams were to present a summary of a potential strategic investment idea in front of a panel of judges.
The presentation by the three teams was analyzed by a jury comprising of stock market experts Harendra Kumar, Managing Director, Elara Capital, Prof. Ravi Muthukrishnan, Head of Research, Elara Capital, Navneet Munot, CIO, SBI Mutual Fund, and Mr. Manish Gunwani, Reliance Nippon India Mutual Fund.
The event started with a panel discussion with equity market specialists
Curiopedia
The winning team comprised of Lakshit Bansal, Sweta Birdika and Twinkle Bhagaria. They were awarded a cash prize of INR 50,000. The prize money for the runner-up team was INR 30,000. Talking about their idea, the winning team said, “We wanted to pick a stock of a company that has a good business model, a great management team and is purchasable at a reasonable price. Keeping these criteria in mind, VIP Industries (Luggage manufacturers) checked all these boxes and we feel that with the millennial generation, the Travel & Tourism sector will be on the rise, thus boosting the luggage sector.” More info
Comentários