CURRENT RATIO ANALYSIS OF HEAVY ELECTRICAL INDUSTRIES IN INDIA (A Comparative Study between BHEL and Crompton Greaves)

Current ratio is the ratio of current assets of a company to its current liabilities and is used to assess the firm's ability to meet its short-term liabilities on time. The present study is an attempt to analyze the current ratio of Bharat Heavy ElectricalsLimited (BHEL). For providing a suitable insight into the study a comparison is made between current ratio of BHELand Crompton Greaves (C.G). Further t-test is applied in order to find out whether there is a significant difference between quick ratio of BHELand C.G or not.