Study on Risk and Return Analysis of Prominent Stocks of FMCG, IT and Pharmaceutical Sectorsin Pre-Covid and During Covid Period

Abstract

There was a severe impact of outbreak of the pandemic of corona virus (COVID-19) on stock markets across the globe and Indian stock markets are no exception to this. With the outbreak of Covid, stock market indices fell sharply leading to drastic reduction in market capitalization of the listed companies. Though this trend has been reversed after rapid vaccination and some control over the pandemic. This study is an attempt to analyze the risk and return of prominent stocks in Pre-Covid and During Covid period. The researchers have analysed prominent stocks of FMCG, IT and Pharmaceutical sectors in India in terms of their risk and return on comparative basis in pre-covid and during covid time periods. The study reveals that FMCG sector offered the highest return in pre Covid period and IT Sector offered highest return in during Covid period. In terms of risk, Pharma sector had highest risk in pre-covid, and IT sector had highest risk in during Covid period. The study also shows that there is a significant different in the return and risk of most of the stocks in pre-covid and during covid periods.