CORPORATE ECONOMIC VALUE ADDED ANALYSIS ON PUBLIC SECTOR UNDER TAKING : A CASE STUDY ON NEYVELI LIGNITE CORPORATION LIMITED, (NLC L.TD)NEYVELI.TAMILNADU, INDIA.

The current paper aims to study the Economic value Added analysis(EVA) on Neyveli Lignite Corporation Ltd.(NLC Ltd).. The study was made by extracting data for a period of 6 Years from 31st March 2007 to 2012 from the published financial statements of the company. The important parameters like Profit after tax, Overall cost of capital, various specific cost of capital, Market price , were considered to find out the EVA of NLC Ltd.. From the analysis the PSU under study reveals that the company has negative EVAand shows correlation between EVAand Profit .