Journal Press India^®

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Indian agriculture has been suffering from various problems like small and fragmented land holdings, use of low crop yielding seed, lack of mechanization, soil erosion, uneven rainfall, lack of adequate storage and transport facilities. Consumption of agro based machinery, fertilizer, high crop yielding seeds, pesticides; irrigation facilities are the characteristics of present Indian farming system. The objective of the present study is to find out relation between ratios of asset management and ratio of profitability of the ten select pesticides and agro-chemical companies in India for the period of the study. Ten companies of producing pesticide and agro-chemical and listed in the stock exchanges of India were selected for the study. The period of observation for the study is five years from 2014 to 2018 and correlation matrix and regression analysis had been used for analysing the data collected from secondary source. As the result it can be said that there was significant correlation and regression between profitability and asset management ratios for selected companies for the period of study

Keywords

Asset management; Correlation matrix; Profitability; Regression analysis

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