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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:10.55041/IJSREM28683

A Comparative Study of Financial Statements of Tata Motors and Mahindra & Mahindra Ltd. Company for the financial years 2021-22 and 2022-23

Stream/Area:

-

Subject:

-

Paper ID:

10.55041/IJSREM28683

Volume:

8 |

2 |

Feb 2024

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/IJSREM28683

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

HJ

Harshal Jain

DNG

Dr. Neelu Gupta

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Abstract

India is the world’s third largest car market. Indian Auto sector is still far behind other Asian countries. Prices of vehicles in India continued to rise due to rise in the cost of inputs. Home grown brands of cars in India have performed very well in Indian markets. If such brands have to remain competitive in market they have to focus on electric vehicles. Tata Motors and Mahindra & Mahindra Ltd. is working hard to capture electric vehicle market in India. Tata Company has incurred a loss in the year 2021-22 but made profit in the year 2022-23 but Mahindra & Mahindra is a profit making company in both the years. Liquidity condition of Mahindra & Mahindra is also better than Tata Motors. It would be preferable to buy Mahindra & Mahindra Shares in long as well as short run but it would be preferred that Tata Motors shares could be bought for the long run.

KEYWORDS

Auto sector financial analysis accounting ratios Quantitative data Future prospects

Cite This Article

Harshal Jain, Dr. Neelu Gupta, "A Comparative Study of Financial Statements of Tata Motors and Mahindra & Mahindra Ltd. Company for the financial years 2021-22 and 2022-23," International Journal of Scientific Research in Engineering and Management, vol. 8, no. 2, Feb 2024. https://doi.org/10.55041/IJSREM28683

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Publication Date

12/31/45338

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