Volume : VII, Issue : I, January - 2018

CAPITAL STRUCTURE ANALYSIS OF SELECT STEEL COMPANIES IN INDIA

J. Thavamani, Dr. S. Rajalakshmi

Abstract :

 

Capital structure is an important decision of the business to fix the mixture of debt and equity capital of the company. This study is on capital structure analysis and its impact on profitability of steel industry in India. Researcher has taken 2 steel companies listed under BSE and NSE. In this research, main aim of the study is to examine the capital structure analysis of selected two steel companies JSW Steel Limited and Tata Steel Limited. For this, past ten years financial statements have been collected from CMIE data base. Statistical tools like Mean, Standard deviation, Co–efficient of Correlation, Annual Growth Rate and ‘t’ test were applied.  In this research, the period of study were selected for past 10 years from 2007–08 to 2016–17. Capital structure variables and capital structure ratios were taken and analysed by using the selected statistical tools. The result reveals that when compare to Tata steel limited, JSW steel limited has more consistent in maintaining the performance in its capital structure during the study period.

 

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

J.THAVAMANI, Dr.S.RAJALAKSHMI, CAPITAL STRUCTURE ANALYSIS OF SELECT STEEL COMPANIES IN INDIA, PARIPEX‾INDIAN JOURNAL OF RESEARCH : Volume-7 | Issue-1 | January-2018

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