A Study on Price Movement of Shares with Respect to Automobile Sector
A Study on Price Movement of Shares with Respect to Automobile Sector Abstract In recent years, the Indian stock market has seen amazing and incredible expansion. This is mostly due to rising income levels and a shift in investment behavior. The effect of yearly performance on the price movement of company shares remains an important study topic in finance. Some businesses have a high price-to-earnings ratio, yet their share price moves insignificantly. In this article, fundamental analysis of four businesses for the purpose of data analysis has been conducted, which comprises economic analysis, industry analysis, and company analysis. The GDP growth of India and industry, industrial production, and growth rate were all examined in this study. Quarterly financial reports are evaluated for business performance using factors such as EPS, P/E, and Quality of Earnings ratio. The sample is drawn from the automobile industry and BSE-listed businesses. These businesses were chosen as a purpos...