Vol. 4, Issue 7, Part C (2018)
Financial appraisal of automobile giants in India
Financial appraisal of automobile giants in India
Author(s)
Aashi Agarwal and Prachi Gupta
Abstract
The automobile industry is one of India's most vibrant industries. As per the current statistics, it is the third largest in the world. Our study makes use of financial ratios to analyse the automobile industry. The ratios were grouped into four categories - solvency, liquidity, efficiency and profitability and five companies in the automobile industry were considered. The output of the analysis was used as industry benchmarks and to analyse any peculiarities in the financial trends of the companies. The study was conducted to understand the concept of Financial Analysis, to understand financial position of selected companies in the automobile sector on the basis of key ratios, to compare how different companies have been performing over a span of five years (intra- firm analysis), to compare their performance with respect to each other (inter-firm analysis).
How to cite this article:
Aashi Agarwal, Prachi Gupta. Financial appraisal of automobile giants in India. Int J Appl Res 2018;4(7):150-162.