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- Title
Sway of COVID-19 on Stock value of FMCG Companies in India.
- Authors
AGRAWAL, OM PRAKASH; BANSAL, PRATEEK KUMAR; TIWARI, SHIV KANT
- Abstract
Worldwide, 1.75 crores of cases are related to corona virus and deaths are approx. 6.7 lakhs. The outbreak of Coronavirus was declared in March 2020 in India and up to July total number of cases crossed the figure of sixteen lakhs with almost thirty-five thousands of deaths. People are facing shortage of money, health issues, social issues, employment issue. This study aims to analyse the impact of Coronavirus disease on stock price of FMCG companies of India. Alike other countries of world Indian government also used lockdown to stop transmission of infection in the country. To analyse the impact of Coronavirus shares prices from March 2020 to July 2020 of top companies listed in Indian stock exchange and data regarding daily increase in confirm cases and number of deceased have been collected. Various statistical tools are applied with the help of Eviews. Finding of study indicated that there is significant impact of Corona Virus over stock price of FMCG sector.
- Subjects
INDIA; FAST moving consumer goods; VALUE investing (Finance); COVID-19; COVID-19 pandemic; CORONAVIRUSES; INFECTIOUS disease transmission
- Publication
Finance India, 2023, Vol 37, Issue 1, p115
- ISSN
0970-3772
- Publication type
Article