Analysis of Debt – Equity Ratio of Selected Pharmaceutical Companies of India

Abstract

The Indian pharmaceutical industry is the third largest in terms of volume and thirteenth largest in terms of value in the world. Indian Pharmaceutical industry is the largest generic drugs provider at global level. This paper is designed to fulfill mainly two basic objectives. One is to determine long term solvency of selected pharmaceutical companies and the other is to forecast the immediate coming year debt equity ratio of the related companies. The study is purely based on only secondary data. Moreover, the scope of the study is very limited in nature. Ten companies which are listed in both NSE and BSE are selected. Study period is fourteen years i.e. 2003-04 to 2016-17. On the basis of the study major findings of the study and conclusions are drawn. Prof. Dr. Ankita. M. Zadeshvariya"Analysis of Debt “ Equity Ratio of Selected Pharmaceutical Companies of India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-2 , February 2018, URL: http://www.ijtsrd.com/papers/ijtsrd9683.pdf http://www.ijtsrd.com/management/other/9683/analysis-of-debt-“-equity-ratio-of-selected-pharmaceutical-companies-of-india/prof-dr-ankita-m-zadeshvariya