Testing the Financial Health of Public Sector Companies in India

The aim of the study is to reveal the financial status of public sector companies in India. To find the financial health the study uses the Altman Z score analysis. The analysis incorporates various financial ratios of the companies and the results of that analysis help to find the companies which are financially sick. The Indian as well as global investors give maximum attention to the Public sector companies in India, the results of the study has been very much useful to the investors as it help to find the financial strength of the public sector companies. It has major impact on investment decisions made on public sector companies