IJMBR

Journal Information

Print ISSN 2228-7019
Online ISSN 2228-7027

Frequency: 4 Issues/Year

Publisher

    An official journal of the Islamic Azad University (IAU)


Evaluating Financial Strengths of Selected PSU Steel Companies

Dr.R. Mahesh, Dr.S. Ranjithkumar


Abstract:

Recent economic changes facilitated the Steel sector to ignore the Reserve quotation for PSU to get a wave from mandatory. The six major role players in Indian steel sector equally qualified to world class iron makers out of 36 in the world. In 2018, steel utility was about to grow at the rate of 5.7% year-on-year 9.2% Metric Tons. Our country anticipated to beat Japan to predominant in iron production at the earliest. But, few iron PSUs in India still struggle to sustain with Industry growth. With this aim, the financial performances of seven selected PSU companies are predicted through Altmans Z- score.

Keywords: Steel Industry, PSU, Financial Strength

Volume: 9 | Issue: 3

Pages: 16-21

Paper ID : 190028

Issue Date: August , 2019

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