Published Paper Details:

Establishing whether or not stock returns are responsive to changes in the capital structure is crucial for analysing overall returns of corporations and estimating the financial performance of specific organisations. The ratio of debt to equity, the return on equity, and the profits per share were employed as independent variables, with stock returns serving as the dependent variable. All of the aforementioned factors were plugged into a regression model to help us get to the bottom of things. Gains in stock price may be explained by a companys low debt load, high return on equity, and rising profits per share. Both changes in capital structure and company performance were shown to have an impact on stock returns. A well-managed financial system is essential for a country like India, which is quickly becoming one of the world's most promising economies. This article uses data from the Bombay Stock Exchange to examine the impact of capital structure on the overall financial performance of one hundred Indian manufacturing businesses from 2014 to 2021. (BSE).We found out that STDR, LTDR, and ROE are all adversely connected with one another using Pearsons correlation and regression techniques.