📄 Abstract
The present study examines and compares the stock performance of fifteen selected companies from the Information Technology (IT), Banking, and Cement sectors in India over a twelve-year period from 2014 to 2025. Using secondary data sourced from NSE India, BSE India, Moneycontrol, Yahoo Finance, and company annual reports, the study employs a comprehensive set of financial and statistical tools including Average Return, Standard Deviation, Beta Analysis, Correlation Analysis, Regression Analysis, Analysis of Variance (ANOVA), and the Sharpe Ratio to evaluate return, risk, systematic risk, and risk-adjusted performance of the selected stocks. The findings reveal that HCL Technologies recorded superior average returns in the IT sector, while ICICI Bank led the Banking sector. UltraTech Cement emerged as the top performer in the Cement sector. The Sharpe Ratio analysis demonstrates that the IT sector offers the best risk-adjusted returns (0.14), followed by the Cement sector (0.12) and the Banking sector (0.10). The ANOVA results confirm no statistically significant difference in mean returns across the three sectors (p = 0.993), suggesting comparable aggregate performance at the sector level. The study concludes that IT stocks are better suited for growth-oriented investors, while diversified portfolios spanning all three sectors yield optimal risk-adjusted outcomes. These findings have meaningful implications for retail investors, portfolio managers, and financial analysts operating in the Indian capital market.
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📚 How to Cite:
Erugula Leelavathi, V. Venkata Rao , SECTORAL STOCK PERFORMANCE AND INVESTMENT EVALUATION IN INDIA: AN EMPIRICAL ANALYSIS OF IT, BANKING, AND CEMENT INDUSTRIES , Volume 13 , Issue 6, June 2026, EPRA International Journal of Economics, Business and Management Studies (EBMS) , Pages: 168 - 175 ,