Analysis of return on capital employed of selected Cement industries of NSE in India

Vol-4 | Issue-7 | July 2019 | Published Online: 15 July 2019    PDF ( 334 KB )
Author(s)
Dr. Malay A. Patel 1

1Department of Commerce, Maharaja Krishnakumarsinhji Bhavnagar University, Bhavnagar (India)

Abstract

In this research paper an attempt has been made to study return on capital employed of five selected cement companies from NSE in India. Secondary data with the sample size of five have been used. Selected companies are major contributors in the field of Cement. Researcher has also tested hypotheses with the help of ANOVA test. The result of the research says that Shree cement Ltd., ACC ltd. and Ultratech cements Ltd are outstanding companies which is validated by the result of ANOVA test because the result is significant which means that all companies performance are not similar.

Keywords
ROCE, cement industries, ANOVA test.
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