AN EMPIRICAL STUDY OF FINANCIAL PERFORMANCE OF SELECTED POWER GENERATION COMPANIES OF INDIA
Keywords:
Financial Performance, Power Generation, ANOVA, Ratio AnalysisAbstract
The Power industry in India has one of the highest growth potential. However, which causes a few challenges like generating more power and distributing it resourcefully and at minimum expense. The current research covers five years. In the present study researcher has used various profitability, liquidity and valuation ratios for analyzing financial position. Moreover, researcher has used trend analysis as well as one way ANOVA for further analysis purposes. The analysis reveals that there is no significance difference in Retention Ratios (%).
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References
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Vishal P. and Nilesh P. M. (2016). An Empirical Study on Financial Health of NTPC and NHPC. Pacific Business Review International. 8, 16-22.
Vijay, H. V. (2015). Financial performance analysis of selected companies of power sector in India. International Journal of Applied Research, 1, 212-219.
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