Impact Of Average Financial Performance On Stock Prices: An Empirical Study Of Indian IT Companies With Metaverse Exposure

Author(s)	Ms. Khushalee Shardul Kachchhy, Dr. Niki C. Sharma
Country	India
Abstract	This research investigated the relationship between financial performance and stock prices for ten Indian IT companies with metaverse exposure. A composite financial metric, derived from five key financial ratios, was used to predict stock valuation. Analysis of five years of financial data, 2019-20 to 2023-24, revealed a strong positive correlation between the financial metric and stock prices. Regression analysis demonstrated a significant relationship, with the model explaining a substantial portion of stock price variance. ANOVA results further supported the model's validity. These findings offer preliminary evidence of a link between financial performance and stock valuation for Indian IT companies in the context of metaverse activities.
Keywords	Average Stock Price, Financial Matrix, Financial Performance, Stock Prices, Stock Valuation, Indian IT Companies, Metaverse Exposure
Published In	Volume 8, Issue 3, May-June 2026
Published On	2026-05-23

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International Journal For Multidisciplinary Research