This is widely accepted reference book for B. Com., BBA, M. Com., And MBA students of our country. Today, Securities Analysis and Portfolio Management is one of the most vital and critical subject. The contents and subject matter of this important subject is also changing very fast and innovative issues are emerging every day. The book provides a comprehensive coverage of this new and developing subject. The author has specially designed this book based on the practical experience of working with stock exchange. and lost lacs of rupees for gaining experience of trading shares in NSE and BSE. In the present edition the author has made an effort to keep the language simple, without compromising the effectiveness of the argument or diluting the analyses.