Stock markets are essential for economic growth as they insure the flow of resources to the most productive investment opportunities. Stock prices change in stock markets on a daily basis. Moreover, during certain times of the year, it is easy to notice that stock prices appreciate every morning, and this may take place many times in one day for some stocks. This means that stock prices are determined by supply and demand forces. There is no foolproof system that indicates the exact movement of stock prices. However, the factors behind increases or decreases in the demand and/or supply of a particular stock could include company fundamentals, external factors, and market behavior. A study to examine the empirical relationship between stock prices i.e. market value and company specific intrinsic factors, such as: Debt Equity, Age of the Company, Inventory Turnover, Dividend Payout, Debtors Turnover during the period 2005–14. The statistical tools like Correlation Analysis and Multiple Regressions are used for the data analysis and hypothesis testing. A sample data for 263 companies were constructed. 5 Independent variables were considered for analyzing the impact of them on Market Price of the share (Dependent variable). The study mainly tried to establish a relationship between market price of shares (MPS) and fourteen other independent variables
Debt Equity Ratio, Age of the Company, Inventory Turnover Ratio, Dividend Payout Ratio, Debtors Turnover Ratio, Market Value Per Share, Stock Exchange, NSE, BSE
