The two stages of accumulating money through the purchase of securities are thoroughly explained in this revised edition of the book. The selection of securities for investment is covered in the first part of the security analysis. The book begins with an overview of the investing process, followed by an introduction to the securities market environment and the Indian trading system. After that, several aspects of the risk associated with investments are discussed. The many techniques for analysing securities, such as fundamental analysis (which includes industry, business, and economic analysis), technical analysis, and random walk theory (which includes the efficient market hypothesis), are described in various chapters. Examples are used to show how securities such as bonds and equity shares are valued.