TY  - JOUR
TI  - Examining the nexus between cotton and kapas of MCX market on stock prices of textile industry in India using ARDL model
AU  - Meher, Bharat Kumar
AU  - Anand, Abhishek
AU  - Birau, Ramona
AU  - Kumar, Santosh
AU  - Bărbăcioru, Iuliana Carmen
AU  - Paliu-Popa, Lucia
AU  - Frank, Daniel
T2  - Industria Textila
AB  - This research study makes efforts to find the correlation between the prices of commodities in MCX and the prices of
stocks by considering the textile companies and allied commodities in the commodities market. The study examined
whether the price of cotton and kapas in the commodities market i.e., Multi Commodity Exchange (MCX), might have
an effect on the stock prices of textile companies in India using the ARDL Model. The secondary data related to cotton
and kapas prices are downloaded from the MCX website. Similarly, the data related to the closing prices of stocks of
India's top five textile companies based on market capitalization, are downloaded from the website of Kotak Securities.
All the ARDL models for the short run are considered as too weak as the coefficient of determination and adjusted
R-squared are too low.
DA  - 2024/06/28/
PY  - 2024
DO  - 10.35530/IT.075.03.202387
DP  - DOI.org (Crossref)
VL  - 75
IS  - 03
SP  - 368
EP  - 380
SN  - 12225347
UR  - https://www.revistaindustriatextila.ro/images/2024/3/014%20BHARAT%20KUMAR%20MEHER%20INDUSTRIA%20TEXTILA%20no.3_2024.pdf
Y2  - 2024/07/02/19:17:18
ER  -