Rofel College, Vapi, Gujarat, India
Online published on 8 August, 2018.
In this research paper author have attempted to measure the profit available to the Equity Shareholder of growing sector of plastic industry of Gujarat during 2005–06 to 2014–15 by taking a sample of 14 public limited, ie listed companies at BSE(Bombay Stock Exchange)Mumbai which are functioning in the Gujarat state Region of India on the basis of different Criteria. Then the researcher have collected 10 years Earning Per Share Ratios of 14 companies for the period 2005–06 to 2014–15 and found out composite Earning Per Share ratios using ` paid-up share capital` as weight and found out weighted mean of these ratios for the plastic industry of Gujarat Researcher have applied Mann-Kendall Trend detection test for testing the hypothesis. So far as earning per share ratio is concern, there is no trend in the series of Earning Per share ratio. At the beginning of the decade it was around 8.24 and it continuously raised up to the level of 14.89 and gone down to the level of 8.4.
Plastics Industry, Composite Earning Per Share Ratios, Weighted Mean, Trend Analysis