Yazar "Ahmad, Sohail" seçeneğine göre listele

Listeleniyor 1 - 1 / 1
  • Küçük Resim
    Öğe
    Covid-19 effects on Indian companies
    (İstanbul Ticaret Üniversitesi, 2022) Ahmad, Sohail; Küçükçolak, Recep Ali
    At the beginning of 2020, the novel covid-19 starts hitting the economies of various countries and terrifying lives of humans. On 30th January 2020, the first case of the coronavirus appeared in India. Covid-19 has impaired the economy of India and the financial performance of companies belonging to different sectors has been affected badly. The main objective of the research is to assess the effect of a pandemic on the fiscal accomplishment of companies registered on the Indian Stock Market. It was a matter of deep consideration for the Indian government as the covid-19 spread was becoming uncontrollable. No choice was left for the government but to enforce a nationwide lockdown. The selected companies for this research are HDFC Bank, Bajaj Finance Ltd, Hindustan Unilever Ltd, Infosys, Tata Consultancy Services, Maruti Suzuki Ltd, and Tata Motors. These companies belong to different sectors including financial, banking, IT, automobile and consumer goods sectors. The overall impact on MSMEs (Micro, small and medium enterprises) and on the economy is also examined in this study. A qualitative research approach is utilised for this study and a secondary data collection method was used. The findings of this study revealed that a significant decline in net profit, total income, sales, expenses and operating profit was recorded in Tata Motors, Maruti Suzuki and Bajaj Finance Ltd during the covid-19 period while Infosys, TCS and Hindustan Unilever Ltd faced more decline during lockdown period and these companies start coming towards recovery after lockdown period. The most affected sectors include the automobile and financial and banking sectors while the less affected sectors include micro, small and medium enterprises, IT and consumer goods sector. The overall economy also faced a decline and stock exchanges faced drop in their closing indexes during lockdown period.