• Measurement of Performance of Indian Textile Companies –A study of relationship between financial and market parameters of selected companies.

SOUMENDRA LAHA

Abstract:
Indian Textile industry has played a pioneered role in growth and upliftment of country. It is the sector that contributes approx 14 per cent to industrial production, 4 per cent to GDP and Approx 13 Percent of total exports of the country. The sector has offered employment to around 45 million people, by acting as one of the biggest employment generator sector. In spite of having such a remarkable records, listed companies in textile industry had shown erratic stock price movements leading to a varied market capitalizations for the companies which are not in line with the financial indicators.