Paper pubslished at esteemed Rajagiri Management journal published by Rajagiri Centre for Business Studies located at Kochi - India. The paper is an attempt to study the normality as well as non-normality of returns in industries listed in BSE. More over this study tries to establish a consistency index for returns based on risk return framework by using the data envelopment analysis. The results of the study gives an insight that the each industry follows separate statistical distribution which explains that the nature of returns differs from one another and consistency index gives an insight to the investors that there is an opportunity to achieve good returns due to the consistency in the returns of Indian industries listed in BSE.
You can find the volume here Volume 2 December 2016 Issue .
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