Abstract
Real estate is a very high risk prone sector. Companies operating into this sector are always under threat from different corners such as change in land acquisition policy, change in land procurement policy, increase in home loan interest rate, pressure, increase in the prices of steel & cement factors bring uncertainty in terms of returns of these sector. In the present paper, an effort is made to check the financial health of the selected major corporate with the help of Z score for the period of 2007-2011. The finding on the basis of Z score indicates that the corporate houses selected under the period of the study are falling in danger zone.
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