ISSN: 2168-9458
+44 1223 790975
Department of stocks, Ramaiah University of Appiled Science, Bangalore, India
Research
A Study on Stock Return Performance around Earnings Announcements in the Indian Stock Market
Author(s): AUday K Jagannathan* and Cheshire H
According to the semi-strong form of Efficient Market Hypothesis (EMH), any public information should be
reflected in the price, and earnings announcement as one type of information. This research focuses on the Nifty
50 stock index, where no researches have been realized so far. The main aim of the research is to study stock returns
behavior during quarterly earnings announcement in the Nifty 50 market. For this study secondary data of the
selected sample companies has been collected. A sample of 25 top market capitalization companies in the Nifty 50,
their stock price and quarterly earnings announcements of the year 2021-2022 were taken for this study.
The study employs event study methodology to measure the impact of the earnings announcement on the stock price
movement. The research uses technical indicators to analyze the market behavior in the event per.. View More»
DOI:
10.35248/2168-9458.22.09.214