Heckyl Blog Auto, Utilities and Industrials Lead the Volume of Distressed Companies

The analysis of Altman Z-score for 290 companies from BSE 500 index in Heckyl Risk Analytics System (RAS) revealed that Automobiles, Utilities and Industrials sectors have led the volume of distressed companies in the financial year 2020. The Altman Z-score is the output of a credit-strength test that gauges the company’s likelihood of bankruptcy. This […]