Student, Prin. L. N. Welingkar Institute of Management Development and Research (WeSchool), Bangalore, India
Online published on 11 July, 2017.
In the current situation of aftermath of COALGATE SCAM there's been a lot of interest about mining in India. Mining industry in India has a great potential with a global reach. It is much diversified field ranging from iron ore, bauxite to coal mines. Under the present situation we have also seen the imposition of Government ban on different mines in certain parts of India. This has resulted in drastic decline in the profitability of different mining companies in India. The stock market has also witnessed high fluctuation in the stock prices of these mining companies subsequently having a major impact on both economy and shareholders. Research, in this project demonstrates the trend analysis of five major mining companies of India in order to study the impact of ban onthem.
The sample was drawn from the BSE (5 listed companies). A comprehensive analysis of the financial reports of these companies was conducted and findings are provided. Appropriate statistical tools like Trend analysis were used to arrive to the appropriate conclusion. All the required details were gathered from company annual reports and ace analyzer website.
Mining, Bans, Stock market, Shareholders, financial analysis, Trend Analysis
