A COMPARATIVE ANALYSIS ON FINANCIAL PERFORMANCE OF INDIAN AUTOMOBILE COMPANIES WITH REFERENCE TO MAHINDRA AND MAHINDRA LIMITED AND MARUTI SUZUKI INDIA LIMITED
Authors/Creators
- 1. Associate Professor & Head, Department of Commerce (CS), Vellalar College for Women, Erode, Tamilnadu
- 2. Assistant Professor, Department of Commerce, Vellalar College for Women, Erode, Tamilnadu
Description
The automobile industry is an important part of the manufacturing sector and considered to be an indicator of economic development of any country. The present study aims to measure the short term and long term solvency, working capital requirements and profitability of Mahindra and Mahindra Limited and Maruti Suzuki India Limited by applying ratios and statistical tools like Mean, Standard Deviation, Co-efficient of Variation, CAGR and test of hypothesis- t test. A comparative analysis of the results has been made. The study has been undertaken for the period of ten years from 2006-07 to 2015-16. The result of the study shows both the companies have to improve their short term and long term solvency position and profitability ratios prove their efficient performance.
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Additional details
References
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