Key results for the week ending 26 April 2024
Upstox
1 min read • Updated: April 22, 2024, 4:39 PM
Summary
Following the IT giants, the prominent names from the banking space will announce their fourth-quarter results this week, alongside other companies.
The earnings season in India and the U.S. enters its second week. After the IT bellwethers, the key companies reporting earnings this week in the futures and options space are Reliance Industries, Axis Bank, IndusInd Bank, Hindustan Unilever, Nestle India, Bajaj-Finance, ACC and ICICI Bank.
The upcoming earnings announcements present an opportunity for traders to leverage price changes that typically occur before and after the company declares its results. Moreover, traders can plan and trade strategies based on volatility which is implied by the options market. The implied volatility acts as a key parameter which suggests potential price movements in the coming days.
In the table below, we have highlighted the key companies in the futures and options space which will be declaring results this week. The table includes date of earnings announcement, day, implied volatility and price relative to 50-day moving average. These figures are based on the closing price of each stock as of 19 April.
For the latest updates and trading insights on key companies this earnings season, stay tuned to our F&O Corner.