Stock Prices and Performance Analysis of Real Estate Companies in India

P. Hanumantha Rao*
Associate Professor, National Institute of Construction Management and Research (NICMAR), Hyderabad, Telangana, India.
Periodicity:June - August'2018

Abstract

Sensex is an indicator of the performance of the stock market of a country as well as its economic development.  Stock market index reflects the movement of share prices.  But, what determines the share prices of a company has always been a matter of debate among the investors. An investor aims to buy stocks at low and sell at high and thereby earn returns.  But once an investor decides to buy a share, it will be very difficult to predict whether the price will go up or down.  Stock prices perform well if the fundamental of the firms are strong. The study aims to assess the stock market performance of real estate companies in India and examine the performance of the sector which in turn will affect share prices.  The data is compiled from the annual reports of real estate companies for last five years 2011-12 to 2016-17.  At attempt is made to assess the stock market performance of the sector as against that of sensex and to understand and compare the performance of the sector based on five sample companies.

Keywords

EPS, DPS, P/E Ratio, Stock Price, real estate, RONW, Investors

How to Cite this Article?

Rao. P.H. (2018). Stock Prices and Performance Analysis of Real Estate Companies in India. i-manager’s Journal on Management, 13(1), 24-33.

References

[1]. Agrawalla, R. K., & Tuteja, S. K. (2008). Share Prices and Macroeconomic Variables in India: An approach to investigate the relationship between stock markets and economic growth. Journal of Management Research, 8(3), 136-146.
[2]. Al-Deehani, T. M. (2003). Determinants of dividend policy: The case of Kuwait. Journal of Economic and Administrative Sciences, 19(2), 59-76.
[3]. Amsaveni, R., & Gomathi, S. (2013). Fundamental analysis of selected FMCG companies in India. Asia- Pacific Finance and Accounting Review, 1(3), 37-55.
[4]. Cheema, C. S., & Agarwal, M. (2002). Productivity in commercial banks: A DEA approach. The Business Review, 8(1), 15-17.
[5]. Gogia, N., & Gupta, D. K. (2013). Comparative study on Liquidity position of Indian Public Sector Steel Units and Private Sector Steel Authority of India Ltd. VSRD International Journal of Business and Management Research, 3(7), 261-268.
[6]. Hartono, J. (2004). The recency effect of accounting information. Gadjah Mada International Journal of Business, 6(1), 85-116.
[7]. Nirmala, P. S., Sanju, P. S., & Ramachandran, M. (2011). Determinants of share prices in India. Journal of Emerging Trends in Economics and Management Sciences, 2(2), 124-130.
[8]. Ramudu, P. J., & Rao, S. D. (2006). A fundamental analysis of Indian banking industry. The IUP Journal of Bank Management, (4), 68-79.
[9]. Sahoo, B. K., & Mandal, A. (2011). Examining the performance of banks in India: post transition period. IUP Journal of Bank Management, 10(2), 7-31.
[10]. Saravanan, S. S., & Abarna, J. (2014). A Study on Liquidity analysis of selected automobile companies in India. Indian Journal of Applied Research, 4(2), 6-8.
[11]. Sathye, M. (2003). Efficiency of banks in a developing economy: The case of India. European Journal of Operational Research, 148(3), 662-671.
[12]. Sen, S., & Ray, R. (2003). Key determinants of stock prices in India. The ICFAI Journal of Applied Finance, 9(7), 35-40.
[13]. Sharma, S. (2011). Determinants of equity share prices in India. Researchers World, 2(4), 51-60.
[14]. Singh, D. (2010). Causal relationship between macro-economic variables and stock market: A case study for India. Pakistan Journal of Social Sciences (PJSS), 30(2), 263-274.
[15]. Somoye, R. O., Akintoye, I. R., & Oseni, J. E. (2009). Determinants of equity prices in the stock markets. International Research Journal of Finance and Economics, 30(13), 177-189.

Purchase Instant Access

Single Article

North Americas,UK,
Middle East,Europe
India Rest of world
USD EUR INR USD-ROW
Pdf 35 35 200 20
Online 35 35 200 15
Pdf & Online 35 35 400 25

If you have access to this article please login to view the article or kindly login to purchase the article
Options for accessing this content:
  • If you would like institutional access to this content, please recommend the title to your librarian.
    Library Recommendation Form
  • If you already have i-manager's user account: Login above and proceed to purchase the article.
  • New Users: Please register, then proceed to purchase the article.