Prediction of industrial sickness in steel industries in india

Sickness is that a firm or company having losses continuously from last many years. If there is losses for one year and in another year it will be profit and this is continuously happened than it is not be said that industry is sick. There is external and internal cause of sickness. Internal causes like improper planning, poor management. External causes like changes in consumer demand, government policies and technological changes. In this paper, we are using Altman’s Z score model for prediction of sickness. With the help of this model there should be prediction that company is going towards sickness is not.