THE STUDY OF THE IMPACT OF FINANCIAL PERFORMANCE ON THE MARKET VALUE OF TATA STEEL
Author(s): VIJAY MARUTI SUKATE
Publication #: 2509024
Date of Publication: 14.06.2024
Country: India
Pages: 1-5
Published In: Volume 10 Issue 3 June-2024
Abstract
The research paper primarily focuses on the financial performance and its impact on the share prices. To evaluate the result the financial performances and closing market value of Tata Steel Limited was taken into account. The indicators of financial performance used in this research are earnings per share, return on capital employed, return on assets and dividend payout ratio. The study shall cover the period starting from 2014 - 15 to 2020 - 21. The paper focuses on impact regression analysis was used to arrive at the final conclusion and for the testing of the hypothesis. In the said paper for the purpose of measuring market value of shares, the closing market value has been used. The closing market value is a dependent variable whereas earnings per share, return on capital employed, return on assets, dividend payout ratio are independent variables. Towards the conclusion of the research paper, it was empirically clear that the financial performance indicator does not have a significant impact on the closing market value.
Keywords:
Download/View Count: 70
Share this Article