A Comparative Study of Working Capital Management of Steel Companies in India

Abstract

For an effectualness operating of a business concern, working capital plays a vital role as a life blood of organization. I even have created efforts during this paper to review the varied assets and liabilities elements to find out the outcome of working capital management policies on profit of BSE/ NSE listed steel corporations of India. This study is predicated on secondary information collected from annual reports of various steel corporations for the year 2009 to 2016. During the study of this paper I have used ratio analysis technique to investigate and interpret the data, to spot the considerable effects of current assets and current liabilities management on the profit. The management of assets is important because it may enforce an, on the spot impact on profit and liquidity. Within the study, six private and public sector steel corporations operative in India have been hand-picked.