Abstract
The Indian economy is growing and has a huge potential market with ability to garner wide businesses due to unique business environment and reforms from the government. The economic indicator of comparative gross domestic products has indicated the accelerated growth for India from the last decade. Currently, Indian IT firms are targeting newer business domains with wide and newer footprints across the globe with acquiring new subsidiaries and incorporating new partnerships to fuel this growth. Moreover, Indian IT-ITES industry has a lower debt to equity profile and analysis of stocks is considered as safe investment. Therefore, it becomes essential to study and access the state of financial health in the industry. In this paper, the Indian IT-ITES industry is analysed with the help of financial metrics and standard models of Altman Z-score and Piotroski F-score to compare performance, predict solvency of companies, test the strength of the companies and foresee the future of Indian IT-ITES industry.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
