Saturday, October 4, 2008

Q2 results : Is there a delay ?

When companies delay the publication of Quarterly results, investors should be worried. Why the delay ? Here are some companies who have announced the dates. Watch out for the late comers.
Brokerages:
MOTILAL OSWAL FINANCIAL SERVICES LIMITED 10-OCT-2008
GEOJIT FINANCIAL SERVICES LIMITED 11-OCT-2008
Media:
NEW DELHI TELEVISION LIMITED 14-OCT-2008
IT:
INFOSYS 10-OCT-2008
HCL TECHNOLOGIES LTD 15-OCT-2008
MPHASIS LIMITED 16-OCT-2008
SATYAM 17-OCT-2008
Banks:
AXIS BANK LIMITED 13-OCT-2008

1 comment:

Anuj said...

Hello sudarshan ji

Can you tell us how to trade during result announcements..as stock prices tend get volatile during result announcement? I generally stay away from stocks on result day
For example Reliance communication closed at 500.65 on 31 july 2008 (one day before result)
On disappointing result on 1 August it closed at 436 touching an intra day low of 410.3!!!
Now it is at 334.7
Wow what a performance!!!!

Is there a way to trade this effectively specially building position one day prior to results?
Or is to simply too risky because of uncertainties...should we take the trading position one day after the result?

Anuj