A Study on Financial Performance of Iron and Steel Industries in India with special reference to Electrosteel Steel Ltd and Essar Steel India Ltd

Vol-4 | Issue-04 | April 2019 | Published Online: 15 April 2019    PDF ( 163 KB )
Author(s)
Dr Mukesh Chansoriya 1; Ms Meena Tiwari 2

1Prof. & Director, Lakshmi Narian College of Technology-MBA, Bhopal

2Research Scholar, Lakshmi Narian College of Technology-MBA, Bhopal

Abstract

India is world’s second largest producer of iron and steel industry. This study is a descriptive research. The main purpose of this study is to study the financial performance of ELECTROSTEEL STEEL LTD and ESSAR STEEL INDIA LTD. This study is descriptive in nature. Secondary Data is collected from annual reports, books, journals and periodicals. The collected data has been analyzed using multiple regression analysis. The study concludes that value of R is highly predictable for the companies like ELECTROSTEEL STEEL LTD and ESSAR STEEL INDIA LTD. Hence the financial performance of both iron and steel industries are good.

Keywords
Iron, Steel, Industries, Financial, Performance, market, fluctuations, investor, predicting, shares, etc.
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