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Patel, Krunal
- "Impact of Quarterly Financial Results Announcement on Stock Price of Selected Plastic Company"
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Authors
Mayur Patel
1,
Krunal Patel
2
Affiliations
1 Department of Management, SRIMCA, IN
2 Department of Management, Uka Tarsadia University, IN
1 Department of Management, SRIMCA, IN
2 Department of Management, Uka Tarsadia University, IN
Source
Global Journal of Research in Management, Vol 6, No 1 (2016), Pagination: 77-98Abstract
The study is about the impact of quarterly financial result announcement on stock price of selected plastic company. The objective of the study is to investigate before and after impact of Earnings announcements on the selected plastic stocks. The four plastic companies Quarterly result report and share price data for last five years (2011-12 to 2015-16) have been used for study. The paired sample t test is used to compare the prices of stocks before announcement and after announcement of quarterly results by companies.
The Researchers found that out of 79 quarter in total of five years, 31 quarter has shown negative effect, it means after the announcement of results, share price goes down. The positive effect found in 18 quarter, which suggest that, after the announcement of quarterly result, the share price shows positive trend. Whereas, in remaining 30 quarters there is no effect, it means before and after announcement, the price remains the same. So it is found that, quarterly result has a mix results on company's share price. It can be said that, there are other factors also which affects share price in Indian Market.
Keywords
Quarterly Report, Paired Sample T Test, Sensex, Share Price, Macro Factor.
References
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- Websites:
- https://www.nseindia.com/corporates/corporateHome.html?id=eqBoard Meetings&radio_btn=company¶m=SUPREMEIND
- http://www.bseindia.com/
- http://www.moneycontrol.com/
- https://www.nseindia.com/
- A Nexus Between Government Spending, Credit To Private Sector And Economic Growth Of India: A Time-series Analysis
Abstract Views :102 |
PDF Views:70
Authors
Affiliations
1 Assistant Professor, Shrimad Rajchandra Institute of Management and Computer Application, Uka Tarsadia University, Bardoli-Mahuva Road, Bardoli – 394350, Gujarat, IN
1 Assistant Professor, Shrimad Rajchandra Institute of Management and Computer Application, Uka Tarsadia University, Bardoli-Mahuva Road, Bardoli – 394350, Gujarat, IN
Source
INNOVISION Journal of Management Research, Vol 6, No 1 (2022), Pagination: 1-10Abstract
The role of financial development for the growth of an economy is vital to analyze. There is a lengthy debate going on in identifying the nexus between financial development and economic growth. The study focuses on examining the relationship between Government expenditure, Credit to Private Sectors and economic growth and also to identify causality between them. The study considers two major indicators of financial development namely, Domestic credit to private sector, Government spending. This Paper employs Unit-root test, Co-integration and Granger causality test to identify the relationship between economic growth and financial development of India. The annual time-series data ranging from 1964-2020 considered for study. The result of co-integration test suggests that there is long-run relationship between GDP and, domestic credit to private sector, government spending. Granger Causality result was suggesting unidirectional causality between, Domestic credit to private sector to GDP. It also found unidirectional relationship from Economic growth to government spending.Keywords
ADF test, Financial Development and Economic Growth, Granger Causality, Johansen Co-integration.Full Text
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