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Hemantha Y

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Jul 2026

Does the Market React to Dividend Announcements? An Event Study of NSE-Listed Indian Companies

Abstract This study tests whether the Indian stock market reacts to dividend announcements, using an event-study methodology on 18 dividend events among large-capitalisation NSE-listed companies during 2025-2026. Following the standard market-model approach, expected returns for each stock were estimated using a 100-tr...

Shalini N, Hemantha Y · 0 citations

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