The study aimed to investigate the performance appraisal of equity stocks of selected five companies from Real Estate Sector. This is achieved by utilizing an in-depth study of various financial tools like Alpha, Beta, Standard Deviation, Sharpe's Index, Treynor's Ratio and CET (Coefficient of Elasticity of Trading). For this purpose, returns have been calculated of these individual stocks and Sensex (BSE). The time period taken for the study is last five years and the secondary data has been taken on monthly basis from web site of Bombay Stock Exchange. The study observed that results are in favour of Ansal API and Unitech Ltd. in terms of best liquid stock. Further, Unitech Ltd. and Parsvnath Developers Ltd. has performing well in terms of risk and return. The results of the study are expected to be helpful for the investors and researchers who seek the best investment opportunities in real estate sector. All the stocks have given the negative returns over the period of study. So, it is suggested to the investors not to invest in any one sector, rather they should have to diversify their investment portfolio by investing in different sectors.
Alpha, Beta, Standard Deviation, Sharpe's Index, Treynor's Ratio, CET(Coefficient of Elasticity of Trading)
