Abstract
This paper analyses various factors that contribute to the growth of any industry and to find out the most important factors among them. The regression model technique is used for over 17 companies of Bankex and 23 companies of BSE Auto Index for the period 1999-2000 to 2004-2005. The primary reason for focusing our study on these two industries is the fact that they plays an important role in the economic development of a country by way of providing services and contributing to the manufacturing sector respectively. The paper finds retention ratio, debt-equity ratio are the major factors contributing to the growth of both the industries under study.
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