Financial Appraisal Through Ratio Analysis

Pradip Kumar Das

Abstract


Steel company in India contributes significantly to the Indian economy. With a powerful chronicle, India has-been a reputed name within the world steel industry. This more signifies the resilience and strength of the Indian steel company against external risk factors. Globalization feeds enough leeway to the company to expand overseas and enrich India with high quality products by implementing state-of-art-technology. Tata Steel Ltd. introduces India on the global fore. The present study contemplates to reveal the financial appraisal of Tata Steel Ltd. by venerable consociation between the feedbacks of balance sheet and profit and loss account. This research paper cannibalizing secondary data fixates on financial appraisal of Tata Steel Ltd. for the years from 2017-2018 to 2021-2022. Results unbosom that the company’s performance is moderately satisfactory but it gravitates to be benigner to investors by wielding funds to other opportunities for decision-making anent investment.


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DOI: https://doi.org/10.22158/sshsr.v4n1p1

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