Impact of Quarterly Results Announcement on Share Price: Evidence from India

Authors

  • Subhendu Kumar Pradhan
  • R. Kasilingam

DOI:

https://doi.org/10.33516/rb.v43i1.123-134p

Keywords:

Result Announcement, Share Price Fluctuation, Relevance.

Abstract

The study attempts to find out the effect of results announcement on share price. To know this impact paired sample T-test is employed. The analysis of variance is also used to find out whether there is any significant difference among the sectors in the price changes due to results announcement. This study analysed the results announcements by taking the IT, Banking, Telecom and Automobile sectors. The study finds that the results announcement have impact on change in share price. This impact is similar for all sectors. The study proves that results announcement relevance to share price fluctuation.

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Published

2017-04-01

How to Cite

Pradhan, S. K., & Kasilingam, R. (2017). Impact of Quarterly Results Announcement on Share Price: Evidence from India. Research Bulletin, 43(1), 123–134. https://doi.org/10.33516/rb.v43i1.123-134p

Issue

Volume 43, Issue 1, April 2017

Section

Articles
Crossref
Scopus
Google Scholar
Europe PMC

References

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