Volume : III, Issue : XI, November - 2013

The Financial Performance of Indian Electrical Equipment Industry

Dr. P. Balasubramanian

Abstract :

The electricity sector is being a sunrise sector across the entire developing countries. This sector sells cables, switchgears, transformers and other large electrical products. This study is based on the secondary data obtained from the official directory and database of the Centre for Monitoring the Indian Economy (CMIE) namely ‘PROWESS’ and Capitaline data base. The sample covers manufacturing companies listed in BSE 500 index. In addition journals, books, newspaper and internet information are the supportive data used in this study. Profitability is studied through ratio analysis and using various statistical tools like correlation, mean, standard deviation and co–efficient of variation. This industry plays a vital role in the development of an Indian economy. The efficient performance of this industry will helps to improve the profitability position which in turns avoid the hindrance in supply of equipments.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. P. Balasubramanian / The Financial Performance of Indian Electrical Equipment Industry / Indian Journal of Applied Research, Vol.3, Issue.11 November 2013

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