Earnings Announcements: Largest Companies Releasing the Week of 10 April 2023

TCS, Infosys, and HDFC Bank are the largest companies announcing earnings this week. As constituents of the Nifty 50, price reactions following the release of financial results could also impact Nifty returns. The below charts show the range of returns (Max, 75th percentile, Median, 25th Percentile, Min) for the past 20 quarters for each of these companies. The impact date represents the returns on the trading day following the announcement along with returns for the impact + 5 days, +10 days, and +20 days.

TCS – 12 April (Wednesday)

Infosys – 13 April (Thursday)

HDFC Bank – 15 April (Saturday)