Fundamental analysis of car manufacturing companies in India for 1.4.2005 to 31.3.2016
Keywords:
NPM, CAGR, P/E ratio, fundamentals, automobile sectorAbstract
The most important strength in today’s volatile financial market is information. Investors always confused on the information as to where to invest, when to invest and how much to invest their money. Generally, the information derives from market or some different sources. To act on this information, analysts, experts, and researchers start researching whether the information has positive or negative impact. At individual level, an investor can also do the fundamental analysis, which will give him a better foundation for his investment decisions. This analysis helps investors in taking decision. If investor will take decision based on wrong information, the losses incurred could be tremendous and harmful and the recovery of the investment can take a lot of time or sometimes it can be irrecoverable. Hence, investors should spend a sizable amount of time for scrutinizing financial position of the company, shares of the company and calculating estimations of the same. The fundamental analysis helps to understand the patterns in company’s financial performance. One can easily predict the future performance based on fundamental analysis by using financial statements.
Downloads
References
Bhatt, R. K. (2011). Recent global recession and Indian economy: an analysis. International Journal of Trade, Economics and Finance, 2(3), 212.
Financial Crisis Inquiry Commission, & United States. Financial Crisis Inquiry Commission. (2011). The financial crisis inquiry report, authorized edition: Final report of the National Commission on the Causes of the Financial and Economic Crisis in the United States. Public Affairs.
Gordon, M. J. (1962). The investment, financing, and valuation of the corporation. RD Irwin.
Graham, B., Ashworth, G., & Tunbridge, J. (2016). A geography of heritage: Power, culture and economy. Routledge.
Grimm, R. C. (2012). Fundamental analysis as a traditional austrian approach to common stock selection. Quarterly Journal of Austrian economics, 15(2).
Jegadeesh, N., & Titman, S. (1993). Returns to buying winners and selling losers: Implications for stock market efficiency. The Journal of finance, 48(1), 65-91.
Khanifar, H., Jamshidi, N., & Mohammadinejad, M. (2012). Studying Affecting Factors on Analysts’ Decisions Regarding Share Analysis in Tehran Stock Exchange: A Fundamental Analysis Approach. European Journal of Economics, Finance and Administrative Sciences, (44), 77-86.
Lev, B., & Thiagarajan, S. R. (1993). Fundamental information analysis. Journal of Accounting research, 190-215.
Ou, J. A., & Penman, S. H. (1989). Financial statement analysis and the prediction of stock returns. Journal of accounting and economics, 11(4), 295-329.
Pandya, H. Hetal (2013). Fundamental Analysis Of Indian Automobile Industry. International Journal of Current Research, 5, 1273-1286.
Piotroski, J. D. (2000). Value investing: The use of historical financial statement information to separate winners from losers. Journal of Accounting Research, 1-41.
Seng, D., & Hancock, J. R. (2012). Fundamental analysis and the prediction of earnings. International Journal of Business and Management, 7(3), 32.
Venkates, C. K., Tyagi, M., & Ganesh, L. (2012). Fundamental analysis and stock returns: An Indian Evidence. Global Advanced Research Journal of Economics, Accounting and Finance, 1(2), 033-039.
Published
How to Cite
Issue
Section
Articles published in the International Research Journal of Management, IT and Social sciences (IRJMIS) are available under Creative Commons Attribution Non-Commercial No Derivatives Licence (CC BY-NC-ND 4.0). Authors retain copyright in their work and grant IRJMIS right of first publication under CC BY-NC-ND 4.0. Users have the right to read, download, copy, distribute, print, search, or link to the full texts of articles in this journal, and to use them for any other lawful purpose.
Articles published in IRJMIS can be copied, communicated and shared in their published form for non-commercial purposes provided full attribution is given to the author and the journal. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
This copyright notice applies to articles published in IRJMIS volumes 7 onwards. Please read about the copyright notices for previous volumes under Journal History.