The best way to invest your surplus money and take back the best rate of return among all financial investment avenues is to invest in the Stock Market. And stock markets give us the most common, the most successful way of Investment i.e. Equity shares. We have a fixed Income bearing Securities. But when it comes to analysis part, the equity shares become the most difficult part. Equity shares have two great features and that of Risk lunation inherent in it and the growth that market forces of demand and supply provide it. As an investor you should know that what your top priority as an investor is. There are many ways of doing investment. Every investment decision has two parts Risk and Return. The article is an attempt to improve your ability in the fields of investments especially for equity shares or equity stock or which represents the direct ownership securities. So try to know the intrinsic value of the equity stock, not only mathematically but try to measure how fundamentally strong the equities going to be in which you will be investing.