﻿www.icmai.in:@0.798205:0.974748:0.923794:0.974748:0.923794:0.957721:0.798205:0.957721:0.015775:0.015775:0.015775:0.005780:0.006278:0.009118:0.016807:0.011271:0.006278:0.005780:0.006278:0.010674
May 2017:@0.406839:0.977956:0.492193:0.977956:0.492193:0.962673:0.406839:0.962673:0.015974:0.009606:0.010131:0.004740:0.011452:0.011452:0.011452:0.010547
96:@0.079500:0.980264:0.102295:0.980264:0.102295:0.958570:0.079500:0.958570:0.011940:0.010855
The Management Accountant:@0.122650:0.977954:0.372489:0.977954:0.372489:0.962671:0.122650:0.962671:0.011452:0.011452:0.009009:0.004740:0.015974:0.010131:0.011452:0.009968:0.009787:0.009009:0.015974:0.009009:0.011452:0.006748:0.004740:0.013713:0.009009:0.009009:0.010131:0.011452:0.011452:0.006748:0.010131:0.011452:0.005843
l:@0.382870:0.976735:0.397343:0.976735:0.397343:0.966042:0.382870:0.966042:0.014473
rms Performances states the subjective :@0.169231:0.610372:0.491452:0.610372:0.491452:0.595089:0.169231:0.595089:0.007580:0.015504:0.007417:0.007236:0.010113:0.008539:0.007417:0.005138:0.009679:0.007580:0.015504:0.009679:0.010981:0.008557:0.008557:0.007399:0.007236:0.007399:0.006296:0.009516:0.006278:0.008557:0.007417:0.007236:0.006296:0.010981:0.008557:0.007236:0.007417:0.010981:0.009679:0.005138:0.008557:0.008557:0.006278:0.004812:0.008973:0.008105:0.003835
overview of how well a firm uses its assets that support :@0.076930:0.626347:0.491362:0.626347:0.491362:0.611064:0.076930:0.611064:0.008756:0.008521:0.008105:0.007490:0.009226:0.004704:0.008105:0.013767:0.003727:0.009226:0.007019:0.003727:0.010547:0.008883:0.013767:0.003727:0.013062:0.008105:0.004704:0.004704:0.003727:0.009226:0.003727:0.004613:0.004613:0.007128:0.015070:0.003727:0.010547:0.006965:0.008105:0.006965:0.003727:0.004704:0.005843:0.006965:0.003727:0.009226:0.006965:0.006965:0.008105:0.005843:0.006965:0.003727:0.005843:0.010547:0.009064:0.005843:0.003727:0.006965:0.010547:0.009226:0.009226:0.009226:0.007490:0.005843:0.003835
for revenue generation. In this paper, 30 component :@0.076930:0.642322:0.491000:0.642322:0.491000:0.627039:0.076930:0.627039:0.004885:0.009407:0.007146:0.005283:0.007146:0.008286:0.008702:0.008286:0.010565:0.010728:0.008286:0.005283:0.009064:0.008286:0.010728:0.008286:0.006983:0.009245:0.006024:0.004885:0.009407:0.010728:0.004885:0.005283:0.006024:0.010728:0.005283:0.006042:0.010728:0.004885:0.007146:0.005283:0.009407:0.009245:0.009407:0.008286:0.005717:0.004885:0.005283:0.010728:0.010728:0.005283:0.008286:0.009407:0.015251:0.009407:0.009407:0.010728:0.008286:0.010728:0.005843:0.003835
companies which are some of the largest and most :@0.076930:0.658297:0.491633:0.658297:0.491633:0.643014:0.076930:0.643014:0.008412:0.009534:0.015377:0.009534:0.009534:0.010855:0.005011:0.008412:0.007273:0.006169:0.013550:0.010855:0.005011:0.008412:0.010855:0.006169:0.009534:0.007273:0.008412:0.006169:0.007273:0.009534:0.015377:0.008412:0.006169:0.009534:0.007327:0.006169:0.006151:0.010855:0.008412:0.006169:0.005011:0.009534:0.007273:0.009190:0.008412:0.007273:0.006151:0.006169:0.009534:0.010855:0.009534:0.006169:0.015377:0.009534:0.007273:0.005843:0.003835
actively traded stocks in BSE are taken.  These 30 :@0.076930:0.674271:0.491543:0.674271:0.491543:0.658989:0.076930:0.658989:0.009697:0.008575:0.006314:0.004830:0.008991:0.008575:0.004649:0.009697:0.007417:0.006314:0.007273:0.009697:0.009697:0.008575:0.009697:0.007417:0.007435:0.006314:0.009697:0.008575:0.009697:0.007435:0.007417:0.005174:0.011018:0.007417:0.011018:0.009697:0.009697:0.007417:0.009697:0.007435:0.008575:0.007417:0.006314:0.009697:0.009154:0.008575:0.011018:0.005174:0.003835:0.002858:0.011018:0.011018:0.008575:0.007435:0.008575:0.007417:0.011018:0.010547:0.003835
companies  are representative  of various  Industrial :@0.076930:0.690246:0.491054:0.690246:0.491054:0.674964:0.076930:0.674964:0.008485:0.009606:0.015450:0.009606:0.009606:0.010927:0.005084:0.008485:0.007345:0.003835:0.002967:0.009606:0.007345:0.008485:0.006820:0.007345:0.008485:0.009606:0.007345:0.008485:0.007345:0.008485:0.010927:0.006223:0.009444:0.006223:0.004740:0.008901:0.008485:0.003835:0.002967:0.009606:0.007399:0.006820:0.009263:0.009606:0.007345:0.005084:0.009606:0.010927:0.007345:0.003835:0.002967:0.006223:0.010927:0.009606:0.010927:0.007345:0.006223:0.007345:0.005084:0.009606:0.004704:0.003835
sectors of the Indian economy. Accounting profitability :@0.076930:0.706221:0.491073:0.706221:0.491073:0.690939:0.076930:0.690939:0.006947:0.008087:0.008087:0.005825:0.009208:0.007309:0.006947:0.003256:0.009208:0.007001:0.003256:0.005825:0.010529:0.008087:0.003256:0.005825:0.010529:0.009208:0.004686:0.009208:0.010529:0.003256:0.008087:0.008087:0.009208:0.010529:0.009208:0.014346:0.006694:0.004686:0.003256:0.012790:0.008087:0.008087:0.009208:0.010529:0.010529:0.005825:0.004686:0.010529:0.009208:0.003256:0.009208:0.006947:0.009208:0.004613:0.004595:0.005825:0.008684:0.009208:0.004686:0.004686:0.004686:0.005825:0.009226:0.003835
of the companies can be measured with four indicators :@0.076930:0.722196:0.491471:0.722196:0.491471:0.706913:0.076930:0.706913:0.009226:0.007019:0.003419:0.005843:0.010547:0.008105:0.003419:0.008105:0.009226:0.015070:0.009226:0.009226:0.010547:0.004704:0.008105:0.006965:0.003419:0.008105:0.009226:0.010547:0.003419:0.009226:0.008105:0.003419:0.015070:0.008105:0.009226:0.006965:0.010547:0.006965:0.008105:0.009226:0.003419:0.013767:0.004704:0.005843:0.010547:0.003419:0.004704:0.009226:0.010547:0.006965:0.003419:0.004704:0.010547:0.009226:0.004704:0.008105:0.009064:0.005843:0.009226:0.007327:0.006965:0.003835
such as ROE, ROA, ROS and ROI. Out of these four most :@0.076930:0.738171:0.491380:0.738171:0.491380:0.722888:0.076930:0.722888:0.006965:0.010547:0.008105:0.010547:0.003347:0.009226:0.006965:0.003347:0.010601:0.011868:0.009226:0.004704:0.003347:0.010601:0.010601:0.012809:0.004704:0.003347:0.010601:0.011868:0.009226:0.003347:0.009226:0.010547:0.009226:0.003347:0.010601:0.011868:0.005843:0.004704:0.003347:0.011868:0.010547:0.005843:0.003347:0.009226:0.007019:0.003347:0.005843:0.010547:0.008105:0.006965:0.008105:0.003347:0.004704:0.009226:0.010547:0.006965:0.003347:0.015070:0.009226:0.006965:0.005843:0.003835
extensively used accounting measures we have taken :@0.076930:0.754146:0.491489:0.754146:0.491489:0.738863:0.076930:0.738863:0.007906:0.009371:0.005988:0.008250:0.010692:0.007110:0.004505:0.008666:0.008250:0.004324:0.009371:0.004921:0.010692:0.007110:0.008250:0.009371:0.004921:0.009371:0.008250:0.008250:0.009371:0.010692:0.010692:0.005988:0.004848:0.010692:0.009371:0.004921:0.015215:0.008250:0.009371:0.007110:0.010692:0.007110:0.008250:0.007110:0.004921:0.013207:0.008250:0.004921:0.010692:0.008666:0.008666:0.008250:0.004921:0.005988:0.009371:0.008828:0.008250:0.010547:0.003835
ROE is an appropriate measure :@0.246987:0.770121:0.491597:0.770121:0.491597:0.754838:0.246987:0.754838:0.010782:0.012049:0.009407:0.005174:0.004885:0.007146:0.005174:0.009407:0.010728:0.005174:0.009245:0.009407:0.009407:0.007146:0.009407:0.009407:0.007146:0.004885:0.009245:0.006024:0.008286:0.005174:0.015251:0.008286:0.009407:0.007146:0.010728:0.007146:0.008105:0.003835
to reflect the firm’s performance. :@0.246987:0.786095:0.491597:0.786095:0.491597:0.770813:0.246987:0.770813:0.005789:0.009172:0.003202:0.006911:0.008051:0.004613:0.004559:0.008051:0.008051:0.005789:0.003202:0.005789:0.010493:0.008051:0.003202:0.004613:0.004559:0.007074:0.015016:0.004306:0.006911:0.003202:0.009172:0.008051:0.006911:0.004649:0.009172:0.007074:0.015016:0.009172:0.010493:0.008051:0.007707:0.004704:0.003835
Objective of Study:@0.510855:0.499959:0.657882:0.499959:0.657882:0.481871:0.510855:0.481871:0.012594:0.010353:0.005319:0.009004:0.008472:0.006705:0.004806:0.008776:0.009004:0.004844:0.009973:0.006573:0.004844:0.009346:0.006705:0.010220:0.010353:0.009137
To assess the performance of 30 Sensex companies by :@0.526239:0.514523:0.927194:0.514523:0.927194:0.499240:0.526239:0.499240:0.009263:0.009190:0.003220:0.009190:0.006929:0.006929:0.008069:0.006929:0.006929:0.003220:0.005807:0.010511:0.008069:0.003220:0.009190:0.008069:0.006929:0.004668:0.009190:0.007092:0.015034:0.009190:0.010511:0.008069:0.008069:0.003220:0.009190:0.006983:0.003220:0.010511:0.010511:0.003220:0.009190:0.008069:0.010511:0.006929:0.007725:0.009190:0.003220:0.008069:0.009190:0.015034:0.009190:0.009190:0.010511:0.004668:0.008069:0.006929:0.003220:0.008648:0.009226:0.003835
using ROE measures:@0.510862:0.530498:0.664166:0.530498:0.664166:0.515215:0.510862:0.515215:0.010547:0.006965:0.004704:0.010547:0.009226:0.003835:0.010601:0.011868:0.009226:0.003835:0.015070:0.008105:0.009226:0.006965:0.010547:0.006965:0.008105:0.006965
To study the smoothness in the forecasted value of :@0.526239:0.546473:0.926904:0.546473:0.926904:0.531190:0.526239:0.531190:0.009498:0.009425:0.005355:0.007164:0.006042:0.010746:0.009263:0.009425:0.005373:0.006042:0.010746:0.008304:0.005373:0.007164:0.015269:0.009425:0.009425:0.006042:0.010746:0.010746:0.008304:0.007164:0.007164:0.005373:0.004903:0.010746:0.005355:0.006042:0.010746:0.008304:0.005373:0.004903:0.009425:0.007164:0.008304:0.008304:0.009425:0.007164:0.006042:0.008304:0.009425:0.005355:0.009082:0.009425:0.004903:0.010746:0.008304:0.005373:0.009425:0.004704:0.003835
ROE by comparing with actual ROE:@0.510862:0.562448:0.776151:0.562448:0.776151:0.547165:0.510862:0.547165:0.010601:0.011868:0.009226:0.003835:0.008684:0.009226:0.003835:0.008105:0.009226:0.015070:0.009226:0.009226:0.006965:0.004704:0.010547:0.009226:0.003835:0.013767:0.004704:0.005843:0.010547:0.003835:0.009226:0.008105:0.005843:0.010547:0.009226:0.004704:0.003835:0.010601:0.011868:0.009226
Literature Review on Roe:@0.510855:0.595808:0.709702:0.595808:0.709702:0.577720:0.510855:0.577720:0.009099:0.004806:0.006705:0.009004:0.006364:0.009745:0.006705:0.010220:0.006459:0.009004:0.004844:0.010980:0.009004:0.008966:0.004806:0.009004:0.013297:0.004844:0.009973:0.010220:0.004844:0.010980:0.009973:0.009004
Acheampong (2000) the ROE has a great influence on :@0.526239:0.610372:0.926940:0.610372:0.926940:0.595089:0.526239:0.595089:0.012682:0.007978:0.010421:0.007978:0.009100:0.014943:0.009100:0.009100:0.010421:0.009100:0.003075:0.005717:0.010421:0.010421:0.010421:0.010421:0.005717:0.003075:0.005717:0.010421:0.007978:0.003075:0.010475:0.011741:0.009100:0.003075:0.010421:0.009100:0.006838:0.003075:0.009100:0.003075:0.009444:0.006838:0.007978:0.008937:0.005717:0.003075:0.004577:0.010421:0.004613:0.004487:0.010421:0.007978:0.010421:0.007978:0.007978:0.003075:0.009100:0.010547:0.003835
the company and country performances.:@0.510862:0.626347:0.818701:0.626347:0.818701:0.611064:0.510862:0.611064:0.005843:0.010547:0.008105:0.003835:0.008105:0.009226:0.015070:0.009226:0.009226:0.010023:0.009226:0.003835:0.009226:0.010547:0.009226:0.003835:0.008105:0.009226:0.010547:0.010547:0.005843:0.007327:0.009226:0.003835:0.009226:0.008105:0.006965:0.004704:0.009226:0.007128:0.015070:0.009226:0.010547:0.008105:0.008105:0.006965:0.004704
Herciu, Ogrean and Belascu (2011), Investors are :@0.526239:0.642322:0.926814:0.642322:0.926814:0.627039:0.526239:0.627039:0.013062:0.008376:0.007218:0.008376:0.004957:0.010819:0.004957:0.005843:0.012139:0.009824:0.007236:0.008358:0.009480:0.010819:0.005843:0.009498:0.010800:0.009480:0.005862:0.010800:0.008376:0.004957:0.009480:0.007236:0.008358:0.010819:0.005843:0.006097:0.010819:0.010800:0.010819:0.010800:0.006115:0.004957:0.005843:0.006115:0.010095:0.008792:0.008358:0.007236:0.006097:0.009498:0.007580:0.007236:0.005843:0.009480:0.007236:0.008105:0.003835
least concern for any other profits they prefer to check :@0.510862:0.658297:0.926922:0.658297:0.926922:0.643014:0.510862:0.643014:0.004704:0.008105:0.009226:0.006965:0.005843:0.004559:0.008105:0.009226:0.010547:0.008105:0.008105:0.007417:0.010547:0.004559:0.004704:0.009226:0.006965:0.004559:0.009226:0.010023:0.009226:0.004559:0.009226:0.005843:0.010547:0.008105:0.006965:0.004559:0.009226:0.006965:0.009226:0.004613:0.004613:0.005843:0.006965:0.004559:0.005843:0.010547:0.007761:0.009226:0.004559:0.009226:0.006965:0.008105:0.004885:0.008105:0.006965:0.004559:0.005843:0.009226:0.004559:0.008105:0.010547:0.008105:0.008105:0.009226:0.003835
on ROS, ROS and ROE, to know the cause and effect :@0.510862:0.674271:0.927013:0.674271:0.927013:0.658989:0.510862:0.658989:0.009462:0.010782:0.005608:0.010837:0.012103:0.009118:0.004939:0.005608:0.010837:0.012103:0.009462:0.005608:0.009462:0.010782:0.009462:0.005608:0.010837:0.012103:0.009462:0.004939:0.005608:0.006079:0.009462:0.005608:0.009462:0.010782:0.009118:0.014003:0.005608:0.006079:0.010782:0.008340:0.005608:0.008340:0.009462:0.010782:0.007200:0.008340:0.005608:0.009462:0.010782:0.009462:0.005608:0.008340:0.005626:0.005120:0.008340:0.008340:0.005843:0.003835
relationship i.e. cause may be sale, assets or Equity and :@0.510862:0.690246:0.926850:0.690246:0.926850:0.674964:0.510862:0.674964:0.006965:0.008105:0.004704:0.009064:0.005843:0.004704:0.009226:0.010547:0.006965:0.010547:0.004704:0.009226:0.003890:0.004704:0.004704:0.007761:0.004704:0.003890:0.008105:0.009226:0.010547:0.006965:0.008105:0.003890:0.015070:0.008702:0.009226:0.003890:0.009226:0.008105:0.003890:0.006965:0.009226:0.004704:0.007761:0.004704:0.003890:0.009226:0.006965:0.006965:0.008105:0.005843:0.006965:0.003890:0.009226:0.006965:0.003890:0.009226:0.009226:0.010547:0.004704:0.005843:0.009226:0.003890:0.009226:0.010547:0.009226:0.003835
effect is profit.:@0.510862:0.706221:0.615827:0.706221:0.615827:0.690939:0.510862:0.690939:0.008105:0.005391:0.004885:0.008105:0.008105:0.005843:0.003835:0.004704:0.006965:0.003835:0.009226:0.006965:0.009226:0.004613:0.004613:0.005843:0.004704
(Berman, Knight and Case, 2013) ROE says about the :@0.526239:0.722196:0.925909:0.722196:0.925909:0.706913:0.526239:0.706913:0.005807:0.010511:0.008069:0.007092:0.015034:0.009190:0.010511:0.004668:0.003220:0.011651:0.010511:0.004668:0.009190:0.010511:0.005807:0.003220:0.009190:0.010511:0.009190:0.003220:0.010511:0.009190:0.006929:0.007725:0.004668:0.003220:0.010511:0.010511:0.010511:0.010511:0.005807:0.003220:0.010565:0.011832:0.009190:0.003220:0.006929:0.008666:0.009190:0.006929:0.003220:0.008666:0.009190:0.009190:0.010511:0.005807:0.003220:0.005807:0.010511:0.008105:0.003835
company’s profitability that earned from shareholder’s :@0.510862:0.738171:0.925602:0.738171:0.925602:0.722888:0.510862:0.722888:0.008105:0.009226:0.015070:0.009226:0.009226:0.010023:0.009226:0.004360:0.006965:0.004016:0.009226:0.006965:0.009226:0.004613:0.004613:0.005843:0.008702:0.009226:0.004704:0.004704:0.004704:0.005843:0.009226:0.004016:0.005843:0.010547:0.009064:0.005843:0.004016:0.008105:0.009226:0.007417:0.010547:0.008105:0.009226:0.004016:0.004704:0.006965:0.009226:0.015070:0.004016:0.006965:0.010547:0.009226:0.006965:0.008105:0.010547:0.009226:0.004704:0.009226:0.008105:0.006965:0.004360:0.006965:0.003835
investment, but it depends on the company to distribute :@0.510862:0.754146:0.925348:0.754146:0.925348:0.738863:0.510862:0.738863:0.004649:0.009787:0.008467:0.008051:0.006911:0.005789:0.015016:0.008051:0.010493:0.005789:0.004649:0.003220:0.009172:0.010493:0.005789:0.003220:0.004649:0.005789:0.003220:0.009172:0.008051:0.009172:0.008051:0.010493:0.009172:0.006911:0.003220:0.009172:0.010493:0.003220:0.005789:0.010493:0.008051:0.003220:0.008051:0.009172:0.015016:0.009172:0.009172:0.009968:0.009172:0.003220:0.005789:0.009172:0.003220:0.009172:0.004649:0.006911:0.005789:0.006911:0.004649:0.009172:0.010493:0.005789:0.008105:0.003835
or  reinvest  Aimen  Ghaffar :@0.690218:0.770121:0.925674:0.770121:0.925674:0.754838:0.690218:0.754838:0.010041:0.007779:0.003835:0.006205:0.007779:0.008919:0.005518:0.010656:0.009335:0.008919:0.007779:0.006658:0.003835:0.006205:0.013623:0.005518:0.015884:0.008919:0.011361:0.003835:0.006205:0.012501:0.011361:0.010041:0.006205:0.005699:0.010041:0.006965:0.003835
(2014) ROE has a positive :@0.690218:0.786095:0.925584:0.786095:0.925584:0.770813:0.690218:0.770813:0.006585:0.011289:0.011289:0.011289:0.011289:0.006585:0.009552:0.011343:0.012610:0.009968:0.009552:0.011289:0.009968:0.007707:0.009552:0.009968:0.009552:0.009968:0.009968:0.007707:0.005445:0.006585:0.005102:0.009263:0.008105:0.003835
effect on the profitability and :@0.690218:0.802070:0.925728:0.802070:0.925728:0.786788:0.690218:0.786788:0.008376:0.005663:0.005156:0.008376:0.008376:0.006115:0.005898:0.009498:0.010819:0.005898:0.006115:0.010819:0.008376:0.005898:0.009498:0.007236:0.009498:0.004613:0.004885:0.006115:0.008973:0.009498:0.004975:0.004975:0.004975:0.006115:0.009498:0.005898:0.009498:0.010819:0.009226:0.003835
organisational performance:@0.690218:0.818045:0.900111:0.818045:0.900111:0.802762:0.690218:0.802762:0.009226:0.006965:0.008702:0.009226:0.010547:0.004704:0.006965:0.009064:0.005843:0.004704:0.009226:0.010547:0.009226:0.004704:0.003835:0.009226:0.008105:0.006965:0.004704:0.009226:0.007128:0.015070:0.009226:0.010547:0.008105:0.008105
Reflection of Firm's Performance through :@0.076923:0.167800:0.920105:0.167800:0.920105:0.125926:0.076923:0.125926:0.026475:0.020857:0.012724:0.012724:0.020857:0.021395:0.014752:0.014752:0.023397:0.025937:0.016266:0.023397:0.014752:0.016266:0.024863:0.014752:0.018757:0.037660:0.011625:0.017829:0.016266:0.024765:0.020857:0.016803:0.014752:0.023397:0.018757:0.037660:0.023935:0.025937:0.021395:0.020857:0.016266:0.014752:0.025449:0.016803:0.023397:0.025449:0.023935:0.025449:0.016266
Return on Equity :@0.076923:0.215712:0.433451:0.215712:0.433451:0.173838:0.076923:0.173838:0.026475:0.020857:0.014752:0.025449:0.018757:0.025937:0.016266:0.023397:0.025937:0.016266:0.025937:0.023397:0.025449:0.014752:0.014752:0.021883:0.016266
A study on Sensex Companies :@0.433395:0.217178:0.945976:0.217178:0.945976:0.178822:0.433395:0.178822:0.027430:0.009498:0.016868:0.014779:0.021123:0.021123:0.021123:0.009498:0.021123:0.021123:0.009498:0.021123:0.016868:0.021123:0.016868:0.016868:0.018996:0.009498:0.026024:0.021123:0.031647:0.021123:0.021123:0.021123:0.012651:0.016868:0.016868:0.009498
in India:@0.076921:0.265094:0.210993:0.265094:0.210993:0.226739:0.076921:0.226739:0.012651:0.021123:0.009498:0.014779:0.021123:0.021123:0.012651:0.021123
There are various Management Accounting indicators used by the firms to :@0.092308:0.324853:0.927709:0.324853:0.927709:0.304397:0.092308:0.304397:0.014182:0.014770:0.010348:0.011336:0.010348:0.007526:0.013782:0.011336:0.010348:0.007526:0.011689:0.013782:0.011336:0.008631:0.012559:0.014770:0.010607:0.007526:0.021120:0.013782:0.014770:0.013382:0.013335:0.010348:0.021614:0.010348:0.014770:0.009125:0.007526:0.016228:0.010607:0.010607:0.012559:0.014770:0.014770:0.009125:0.008631:0.014770:0.013547:0.007526:0.008631:0.014770:0.013547:0.008631:0.010607:0.013782:0.009125:0.012559:0.010960:0.010607:0.007526:0.014770:0.010607:0.010348:0.013547:0.007526:0.013547:0.014511:0.007526:0.009125:0.014770:0.010348:0.007526:0.008090:0.008396:0.012112:0.021614:0.010607:0.007526:0.009125:0.012253:0.005127
measure their performance. The important management accounting indicators :@0.076927:0.345620:0.928132:0.345620:0.928132:0.325165:0.076927:0.325165:0.021308:0.010042:0.013476:0.010301:0.014464:0.011030:0.010042:0.005621:0.008819:0.014464:0.010042:0.008326:0.011030:0.005621:0.013241:0.010042:0.011030:0.008231:0.012253:0.011806:0.021308:0.013476:0.014464:0.010301:0.010042:0.006374:0.005621:0.013876:0.014464:0.010042:0.005621:0.008326:0.021308:0.013241:0.012253:0.011430:0.008819:0.013476:0.014464:0.008819:0.005621:0.021308:0.013476:0.014464:0.013076:0.013029:0.010042:0.021308:0.010042:0.014464:0.008819:0.005621:0.013476:0.010301:0.010301:0.012253:0.014464:0.014464:0.008819:0.008326:0.014464:0.013241:0.005621:0.008326:0.014464:0.013241:0.008326:0.010301:0.013476:0.008819:0.012253:0.010654:0.010301:0.005127
are ROE, ROA, ROI, ROS, Cash Conversion cycle, Profit margin, Operating Cycle, :@0.076927:0.366388:0.928085:0.366388:0.928085:0.345932:0.076927:0.345932:0.013476:0.011030:0.010042:0.004704:0.015522:0.016910:0.014464:0.006374:0.004704:0.015522:0.016134:0.015922:0.006374:0.004704:0.015522:0.016910:0.008584:0.006374:0.004704:0.015522:0.016910:0.012982:0.006374:0.004704:0.014464:0.013476:0.010301:0.014464:0.004704:0.014464:0.012253:0.014088:0.011947:0.010042:0.010654:0.010301:0.008326:0.012253:0.014464:0.004704:0.010701:0.014205:0.009525:0.008584:0.010042:0.006374:0.004704:0.014205:0.011030:0.012253:0.008090:0.008090:0.008819:0.004704:0.021308:0.013476:0.010442:0.013241:0.008326:0.014464:0.006374:0.004704:0.016910:0.013241:0.010042:0.010583:0.013476:0.008819:0.008326:0.014464:0.013241:0.004704:0.014464:0.014205:0.009525:0.008584:0.010042:0.006374:0.005127
Operating Profit, EPS, Return on Capital employed. This study uses the most :@0.076927:0.387155:0.927685:0.387155:0.927685:0.366699:0.076927:0.366699:0.017121:0.013453:0.010254:0.010795:0.013688:0.009031:0.008537:0.014676:0.013453:0.006820:0.014417:0.011242:0.012465:0.008090:0.008302:0.009031:0.006585:0.006820:0.014676:0.014417:0.013194:0.006585:0.006820:0.016345:0.010254:0.009031:0.014676:0.012018:0.014676:0.006820:0.012465:0.014676:0.006820:0.014676:0.013688:0.013453:0.008537:0.009031:0.013688:0.008796:0.006820:0.010254:0.021519:0.013453:0.008796:0.012253:0.014652:0.010254:0.013453:0.006585:0.006820:0.014088:0.014676:0.008537:0.010513:0.006820:0.010513:0.009031:0.014676:0.013688:0.014417:0.006820:0.014676:0.010513:0.010254:0.010513:0.006820:0.009031:0.014676:0.010254:0.006820:0.021519:0.012465:0.010513:0.008819:0.005127
common appropriate accounting-based measure i.e. ROE for assessing the :@0.076927:0.407922:0.927897:0.407922:0.927897:0.387467:0.076927:0.387467:0.010795:0.012747:0.021802:0.021802:0.012747:0.014958:0.008961:0.013970:0.013735:0.013735:0.011524:0.012747:0.013735:0.011524:0.008819:0.013970:0.009313:0.010536:0.008961:0.013970:0.010795:0.010795:0.012747:0.014958:0.014958:0.009313:0.008819:0.014958:0.013735:0.009549:0.013970:0.013970:0.010795:0.010536:0.013735:0.008961:0.021802:0.010536:0.013970:0.010795:0.014958:0.011524:0.010536:0.008961:0.008819:0.006867:0.010536:0.006867:0.008961:0.016016:0.017404:0.014958:0.008961:0.008725:0.012747:0.011524:0.008961:0.013970:0.010795:0.010795:0.010536:0.010795:0.010795:0.008819:0.014958:0.013735:0.008961:0.009313:0.014958:0.010042:0.005127
efficacy of the performance of Sensex companies in terms of profitability:@0.076927:0.428690:0.859905:0.428690:0.859905:0.408234:0.076927:0.408234:0.010042:0.008819:0.008090:0.008090:0.010301:0.013476:0.010701:0.014205:0.005127:0.012253:0.012136:0.005127:0.008819:0.014464:0.010042:0.005127:0.013241:0.010042:0.011030:0.008231:0.012253:0.011806:0.021308:0.013476:0.014464:0.010301:0.010042:0.005127:0.012253:0.012136:0.005127:0.012982:0.010042:0.014464:0.010301:0.009831:0.012747:0.005127:0.010301:0.012253:0.021308:0.013241:0.013476:0.014464:0.008326:0.010042:0.010301:0.005127:0.008326:0.014464:0.005127:0.008819:0.010042:0.011806:0.021308:0.010301:0.005127:0.012253:0.012136:0.005127:0.013241:0.011030:0.012253:0.008090:0.008090:0.008819:0.012888:0.013476:0.008326:0.008584:0.008326:0.008819:0.014205
F:@0.072692:0.650449:0.212312:0.650449:0.212312:0.438947:0.072692:0.438947:0.139621
CMA Dr. Prafulla Kumar Swain:@0.246154:0.872974:0.498345:0.872974:0.498345:0.856294:0.246154:0.856294:0.011054:0.016011:0.011542:0.004071:0.012917:0.007472:0.005373:0.004071:0.010999:0.007978:0.009444:0.007001:0.010294:0.005590:0.005608:0.009444:0.004071:0.012248:0.010294:0.015595:0.009444:0.008250:0.004071:0.009805:0.013315:0.009444:0.005771:0.011018
Professor:@0.246154:0.889615:0.313724:0.889615:0.313724:0.872109:0.246154:0.872109:0.009950:0.006748:0.007381:0.007128:0.006495:0.007870:0.007870:0.007381:0.006748
IBCS, Siksha ‘O’ Anusandhan :@0.246154:0.905590:0.487960:0.905590:0.487960:0.888084:0.246154:0.888084:0.004740:0.011976:0.010999:0.013026:0.004505:0.004613:0.013026:0.005500:0.010945:0.007870:0.009281:0.008955:0.004613:0.004052:0.012610:0.004052:0.004613:0.012736:0.011271:0.010312:0.007870:0.008955:0.011271:0.009896:0.009281:0.008955:0.011271:0.004613
University:@0.246154:0.921564:0.328867:0.921564:0.328867:0.904059:0.246154:0.904059:0.012899:0.011271:0.005500:0.008593:0.006495:0.006748:0.007870:0.005500:0.006296:0.011542
Arya Kumar:@0.688718:0.875943:0.787387:0.875943:0.787387:0.859263:0.688718:0.859263:0.011542:0.008774:0.009009:0.009444:0.004071:0.012248:0.010294:0.015595:0.009444:0.008250
Research Scholar :@0.688718:0.892578:0.822918:0.892578:0.822918:0.875072:0.688718:0.875072:0.013333:0.006495:0.007870:0.006495:0.008955:0.006748:0.007454:0.009281:0.004613:0.013026:0.007454:0.009281:0.007381:0.005500:0.008955:0.006748:0.004613
IBCS, Siksha ‘O’ Anusandhan :@0.688718:0.908553:0.930524:0.908553:0.930524:0.891047:0.688718:0.891047:0.004740:0.011976:0.010999:0.013026:0.004505:0.004613:0.013026:0.005500:0.010945:0.007870:0.009281:0.008955:0.004613:0.004052:0.012610:0.004052:0.004613:0.012736:0.011271:0.010312:0.007870:0.008955:0.011271:0.009896:0.009281:0.008955:0.011271:0.004613
University:@0.688718:0.924528:0.771431:0.924528:0.771431:0.907022:0.688718:0.907022:0.012899:0.011271:0.005500:0.008593:0.006495:0.006748:0.007870:0.005500:0.006296:0.011542
C:@0.076923:0.068722:0.115729:0.068722:0.115729:0.017124:0.076923:0.017124:0.038806
APITAL MARKE:@0.115747:0.064689:0.419787:0.064689:0.419787:0.030290:0.115747:0.030290:0.027426:0.025364:0.016137:0.024749:0.027426:0.024821:0.009190:0.037015:0.027426:0.028837:0.029561:0.026087
T:@0.419834:0.068722:0.456957:0.068722:0.456957:0.017124:0.419834:0.017124:0.037123