| SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES |
VOL. 9 |
NO. 1 |
PAPER 5 |
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A STUDY ON FINANCIAL HEALTH OF THE SELECTED INDIAN STEEL COMPANIES |
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| H.Chandra* and A. Selvaraj**
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| * Asst. Professor in Commerce, P R Arts College for Women, Gobichettipalayam,Erode(Dt), Tamil Nadu, India |
| ** Associate Professor, PG and Research Department of Commerce, Gobi Arts and Science College, Gobichettipalayam, Erode (Dt), Tamil Nadu, India |
| Iron and Steel Industry forms an indispensable part of the large scale Industrial Sector of India. It contributes to 2% of the GDP and 10% of the total industrial output. Further, with a share of approximately 10% of the Iron and Steel Sector, it is amongst the largest contributor to Central Excise. India’s rapid economic growth and soaring demand by sectors like infrastructure, real estate and automobiles at home and abroad has put Indian Steel Industry on the global map. The objective of this paper is to analyse the financial health of the selected steel companies in India and offer various suggestive measurements for the improvement of financial health of the steel companies |
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