Title: An empirical research on GAIL

Authors: Chanchal Chauhan; Hem Shweta Rathore; Satish Kumar Matta

Addresses: Noida International University, Gautam Budh Nagar, Uttar Pradesh, India ' Amity School of Business, Amity University, Uttar Pradesh, India ' Lloyd Business School, Greater Noida, Uttar Pradesh, India

Abstract: Ratio analysis is simply the process to examine the intrinsic worth of the company to find the best market price for investment purposes. This paper analyses the performance of Gas Authority of India Limited (GAIL) by using ratio analysis and ANOVA. GAIL is taken for this study because it is a government sector company and deals in various products like natural gas, petrochemical, etc. It also shows a very good image in the stock market in terms of earning profit. GAIL trading profit is expected to remain constant because of its exposure to the USA. Secondary data is used for the study. Ratio analysis is the process of analysing the performance and cost-effectiveness of the company. For analysing performance liquidity ratio, activity ratio, profitability ratio, market-based ratio, mean, standard deviation, coefficient of variation, ANOVA, and spread is calculated.

Keywords: liquidity ratio; activity ratio; profitability ratio; market-based ratio; mean; standard deviation; coefficient of variation; ANOVA.

DOI: 10.1504/IJPSPM.2023.133587

International Journal of Public Sector Performance Management, 2023 Vol.12 No.3, pp.423 - 444

Received: 20 Mar 2020
Accepted: 05 Sep 2020
Published online: 22 Sep 2023 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article