Financial Performance Management Practices in Corporate Enterprises: A Case Study of Bharat Heavy Electricals Limited, Haridwar
Dr. V.N. Gupta
Department of Commerce, Govt. P.G. College, Rishikesh, Uttarakhand
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The current study is concise up to Bharat Heavy electrical Limited (BHEL), Haridwar as one of the most renounce
and heavy loaded power generation centre in India Thus our effort has been to make an objective study of the
growth and financial evaluation of BHEL, which is a public sector undertaking in Power sector. Much depends
on the skill and competence of the management and whether it is carrying on the operations efficiently on the
basis of modern management concepts and practices or not. The government policy also influences the growth
and performance of such concerns and our endeavour has been to examine and evaluate the Government policy
in this connection. The result of the study shown that • In spite of the global economic recession and financial
turmoil, BHEL has continued generating tremendous profits. Profitability ratios indicate the firm has high
operating efficiency backed by a strong management. BHEL is a capital goods manufacturing industry. In
general, the industrial average capital goods manufacturing industry for liquidity ratios is quite low. But BHEL
has a sound liquid position as suggested by various liquidity ratios of BHEL.
Keywords: BHEL; power generation; electricity; PSE.
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