Measurement of Profitability Liquidity and Dividend Progress of Select Steel Companies in India- A Discriminant Function Analysis

Abstract

Profitability and liquidity are the vital issues in the industrial finance; the concept of financialliquidity is not especially straight, as it has special aspects, even though normally it deals to the Liquidity management. Financial liquidity is mutually with profitability are the key participants of company’s activities, which, in order to function the operation efficiently and effectively, the companyshould give regular important on it. The major objective of the study isthe analysis made to find outHow do Select Steel Companies in India who are large Cap companies differ from those who are Midcap companies in the factors on influencing Evaluation of Profitability, liquidity and Dividend Progress. Finally, it conclude that Debtors Turnover Ratio, which contributes maximally, in discriminating between Large cap companies and Mid cap companies and Dividend Per Share andInterest Coverage Ratio. Net Profit Margin seems to contribute least in discriminating between largecapcompanies and mid cap companies.