Post-Merger Financial Performance of Indian Manufacturing Companies with Reference to Metals & Metal Products and Machinery Companies

Abstract

This research work was undertaken to find out the impact of merger on the financial performance of Indian manufacturing industry with reference to selected metals and metal products and machinery companies during 1st April 2005 to 31st March 2010. In simple words, this study is all about to find out whether merger & acquisition helps the organization in post-merger period to improve their performance in the sense like; companies achieved liquidity, solvency and improve profitability after merger, companies expand their business activities after merger, is there any improvement in operating performance of merged manufacturing companies and also an attempts to fill this gap in knowledge about M&As in India. KEYWORDS: Mergers, Acquisitions, Financial Performance