A Comparative Study of Financial Performance of Selected Listed Steel Companies in the Stock Exchanges in India on the Bases on Functional Ratios

Dr. Ashish K Desai

Volume : V, Issue : X, October - 2015

A Comparative Study of Financial Performance of Selected Listed Steel Companies in the Stock Exchanges in India on the Bases on Functional Ratios

Dr. Ashish K Desai

Abstract :

In this competitive market, it is very essential for every company to know its financial position. It is also important for them to find that where they are to compare others in the same business. With these thoughts, this research study has been done with regards to selected listed steel companies in stock exchange in India. For the study purpose, secondary data have been collected from the annual report of these companies for the period of five years starting from 2009–10 to 2013–14. Data has been analyzed by applying One–way ANOVA. From the analysis, it has been concluded that there is a statistically significant difference in financial performance of these companies. It has been found from that Tata Steel Company remains at the top position.