ALTMAN Z-SCORE MODELING ANALYSIS: AN EMPIRICAL STUDY ON SOFTWARE SERVICES COMPANIES LISTED ON THE BOMBAY STOCK EXCHANGE

  • Unique Paper ID: 189911
  • Volume: 12
  • Issue: 8
  • PageNo: 575-580
  • Abstract:
  • Indian Software services companies contribute a significant portion of the revenue towards the economic growth. The objective of the study is to examine financial distress as per Altman’s model of predicting corporate bankruptcy. The study reveals that the selected software companies are financially strong, ensuring consistency of financial performance in the period of study. The research findings infer that TCS Ltd maintains good financial health throughout the study period. These findings can assist future investors in making informed financial decisions regarding their portfolio of investments.

Copyright & License

Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{189911,
        author = {Dr V AROCKIA JEROLD},
        title = {ALTMAN Z-SCORE MODELING ANALYSIS: AN EMPIRICAL STUDY ON SOFTWARE SERVICES COMPANIES LISTED ON THE BOMBAY STOCK EXCHANGE},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {8},
        pages = {575-580},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=189911},
        abstract = {Indian Software services companies contribute a significant portion of the revenue towards the economic growth. The objective of the study is to examine financial distress as per Altman’s model of predicting corporate bankruptcy. The study reveals that the selected software companies are financially strong, ensuring consistency of financial performance in the period of study. The research findings infer that TCS Ltd maintains good financial health throughout the study period. These findings can assist future investors in making informed financial decisions regarding their portfolio of investments.},
        keywords = {Financial health, Bankruptcy, Investments.},
        month = {December},
        }

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