Open AccessA STUDY ON RISK AND RETURN ANALYSIS OF SELECTED STEEL MANUFACTURING COMPANIES LISTED IN BSE
Author(s) -
Manisha Kumari,
G.L. Narayanappa
Publication year - 2020
Publication title -
epra international journal of economic and business review
Language(s) - English
Resource type - Journals
eISSN - 2349-0187
pISSN - 2347-9671
DOI - 10.36713/epra3028
Subject(s) - business , volatility (finance) , per capita , investment (military) , emerging markets , commerce , finance , population , demography , sociology , politics , political science , law
India is the second largest crude steel producer in the world. The demand of the steel industry is depending on the consumer durables, automobiles and infrastructure sectors in India. Steel sector growth in India was depending on the locally available materials like iron ore and cost-effective labour. It is the major manufacturing output contributing sector and also vertebrae of Indian economy. The level of living standard and socioeconomic growth of the human being living in the country is the indicator of the per capita consumption of products and services in that country. Imports plays a significant role in the domestic market of the country. Technology, government policy, high capital cost and economies of scale are the major hurdles to this sector. To understand the risk and return style in steel company stocks is the objective of this paper. Uncertainty of generating a return on any investment is called risk. Capital appreciation or more than investment value receiving of entity is called return. KEYWORDS: steel, manufacturing, Technology, emerging markets, volatility stocks