found that in year 2010, ICICI Bank has maximum NOPAT. The value of EVA was ranging from 14.48% to 91.14% during 2010. A … coefficient of determination of 17.37% was highest in Induslnd bank, which indicates that about 17.37% of the variation in stock … price of Indulsand (the independent variable) can be explained by the relationship to EVA of Induslnd bank (the dependent …