A Comprehensive study on consistency in the performance of leading cement firms in India

  • Divya Deep Singh , Research Scholar 2. Dr. Sanjay Kumar, Asst. Prof., Department of Management, Central University of Rajasthan, Ajmer.
  • Sanjay Kumar Garg Department of Management, Central University of Rajasthan,Ajmer
Keywords: Return on Net Worth, Return on Total Assets, Return on Sales.

Abstract

Consistency is the well-known feature to know about the performance of any cement firm. In this study, the response variable and predictors have been evaluated to identify about the consistency of cement firms. Return on Net Worth, Total Assets, and Sales is the efficient profitability ratios considered to know about the consistency. The Financial Econometric model used in the study and adopted. One-factor, Two-factor, and Three-factor model in which it is observed that the three-factor model is the best fit model. It shows that there is a linear relationship between a response variable and predictors and also found that there is a significant effect of predictors on the response variable. Here multiple regression methods used for analysis of 30 selected cement firms. The secondary data of 10 years (2006-2015) used, the data used is prowess database maintained by Centre for Monitoring Indian Economy (CMIE).

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