Abstract
The growth and development of an economy in a nation are greatly influenced by the capital market. The capital market serves as a link between investors and business. Through the primary market, the industry gets funding directly from public and financial organizations. The securities that have been issued in the primary market have a ready market in the secondary market. Investors participate in the secondary market to make and modify their investment decisions. The return and level of risk are used to appraise every investment. In general, investors seek to anticipate a larger return with the least amount of risk. This paper examines the risk return relationship of select automobile company’s stocks in Indian stock market BSE (Bombay Stock Exchange). This paper also makes the analysis of the performance of select automobile companies in Indian Capital Market.
References
Ang, Andrew, Hodrick, Robert J., Xing, Yuhand, & Zhang, Xiaoyan. (2006).. The Cross Section of Volatility and Expected Return. Journal of Finance, 61(1), 259299
Ang, Hodrick, Xing, & Y., Xhang, (2009). High Idiosyncratic Volatility and Low Returns: International and Further U.S. Evidence. Journal of Financial Eco-nomics, 91(1), 1-23,.
Batra, A. 2003. Stock return volatility persistence in India: 1973-2003, Working Paper. ICRIER, New Delhi, India
Blitz, David C., & Vliet, Pim Van, The Volatility Effect, The Journal of Portfolio Management, 34(Fall), 102-113, (2007)
Dharchana S. and P.Kanchana Devi. (2017). A study on equity analysis of selected FMCG companies listed on BSE. International Journal for Innovative Research in Multidisciplinary Research , 3 (1), 51-57.
Engle, R.; Lee, G. J. (1999). A permanent and transitory component model of stock return volatility,in R. Engle, H. White (Eds.). Cointegration, causality, and forecasting: A festschrift in honor of Clive W. J. Granger. Oxford University Press, 475-497
Fu, F. Idiosyncratic Risk and the Cross-Section of Expected Returns. Journal of Financial Economics, 91(1), 24-37, (2009).
Gopalakrisnan M. Muthu and K. V. Ramanathan (2013), "Volatility in Indian Stock Market - A Study of Post and Pre-Recession Period", Namex International Journal of Management Research 138 Vol. 3, Issue 1, Jan -June 2013. ISSN 2250 -2076.
Gautami, D. S., & Balla, D. N.(2018). A Comparative Study on Risk &Return Analysis of Selected Stocks in India. International Journal of Management and Economics Invention, 04(05), 1730-1736.
Joghee, M. V. (2021). A Study on Risk and Return Analysis of Selected Banking Securities. Turkish Journal of Computer and Mathematics Education (TURCOMAT), 12(11), 122-127.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Copyright (c) 2023 SOUTH INDIA JOURNAL OF SOCIAL SCIENCES