A study of Financial Performance of select automobile companies in India
Keywords:
Financial, Profitability, RatioAbstract
Both in India and globally, the automotive industry is a major economic force. The sector has a significant multiplier impact on industrial development as a result of its forward and backward links with various other sectors of the economy. Over time, the sector has changed in response to shifting market conditions, including consolidations, restructuring, and other types of transformation. This article compares the financial health of two large Indian automotive manufacturers, Tata Motors and Maruti Suzuki, after the liberalization program. We evaluate the firms' liquidity, efficiency of asset usage, profitability, and other key financial metrics.
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