Promoter Mr. Parmod Kumar Jain passes away

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MAGNUM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.4%Reaction day

₹20.75

prior close

₹21.79

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+2.7% vs market

Paper & Paper Products peers, median of 39sector-0.6%+3.0% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 3.0 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.5

10m

-7.1

15m

-7.1

30m

-4.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4-0.4+2.7-0.6+3.0

Next day

+2.7+1.1+1.6+0.1+2.6

+0.7+1.0-0.3-0.1+0.9

+1.7+2.6-1.0+0.9+0.8

+3.4+4.2-0.9+1.8+1.6

+1.2+4.2-2.9+3.0-1.8

-0.4-0.5+0.1-1.6+1.1

15d

-4.5+0.9-5.5+0.1-4.6

-2.9+1.5-4.4-2.9-0.0

-7.3+9.1-16.4-5.6-1.8

-7.9+8.1-15.9-6.8-1.1

UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Magnum Ventures Limited has informed the stock exchange about the death of Mr. Parmod Kumar Jain, a Promoter of the company. The company has made this mandatory disclosure under SEBI listing regulations, which require listed entities to report any change in promoter holdings or the death of a promoter. No details on succession or transfer of shareholding have been mentioned yet.

Likely market impact

Near-term stock impact is usually limited, but succession of promoter's stake may affect control and future direction. Watch for further updates on share transfer.