Shareholders'wealth maximization in realty sector in india

Equity shareholders are the one who sink and swim with the company. They always get the residual after meeting all expenses and other requirements. That's why; they are the real owners of the business. Therefore, the present article attempts to analyse the profitability performance of Unitech and Punj Lloyd with regard to Shareholders’ wealth maximization. Du Pont Analysis has been applied to study the performance of ROE. The basic objective of selecting these two companies is to understand and appreciate the concept of SWM in these companies with different factsheets. Unitech is a company listed for over twenty years now; Punj Lloyd is a company with a very high Non Promoter Share Percentage and has been listed in 2005 only. Moreover, where Unitech has shown a consistently good performance over the last five years, Punj Lloyd has shown an inconsistent performance.