Impact of Financial Variables on Share Price of Selected Indian Automobile Companies

This study has been conducted to analyze and compare the impact of financial variables on share price of Indian automobile companies. Companies have been selected on the basis of market capitalization. Secondary data has been considered for this study. Secondary data has been collected from annual reports of companies for the financial years 2013-14 to 2017-18 and share prices from the website of Bombay Stock Exchange. Impact has been examined with the help of correlation and regression. Findings of this study shows that Maruti Suzuki India Ltd. share price has been affected by the financial variables. In case of other companies impact of financial variables on share price vary from companies to companies. It has also been found out that there is no significant impact of assets turnover ratio on share price of all selected automobile companies.