A STUDY ON FINANCIAL PERFORMANCE OF SELECT CEMENT COMPANIES IN INDIA

Abstract

Cement industry in India is one of the booming sectors of economic development in the country. The industry is in the process of driving sustained growth, driven primarily by the construction industry and major infrastructure projects announced by the government from time to time. The objective of the study is working capital management of selected cement companies in India andthe researcher has taken six cement companies as sample of the study (3 mid-cap and 3 small-cap), namely, Ramco Cements, JK Lakshmi Cements, Star Cement, India Cements, Orient Cement and Heidelberg Cements were selected and using multistage sampling method. The study analysis to highlighted that Indian cementhas the lowest liquidity ratio and Heidelberg cement has the highest liquidity ratio.