Subsidiary opens 4th showroom at Kozhikode, Kerala

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

-5.0%Reaction day

₹352.45

prior close

₹334.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-5.3% vs market

Gems, Jewellery And Watches peers, median of 38sector+0.8%-5.8% vs sector

On the reaction day the stock moved 5.3 pts less than Nifty Microcap 250 and 5.8 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

-5.0+0.3-5.3+0.8-5.8

Next day

-0.3+1.1-1.4+0.7-1.0

-0.3+1.3-1.6+1.5-1.8

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-9.8+0.3-10.2+1.3-11.1

-5.3+1.1-6.4+0.9-6.3

+4.1-3.2+7.4+2.0+2.1

15d

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 38Pending

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

AI summary

Esthara Jewels Private Limited, a subsidiary of AJC Jewel Manufacturers Limited, opened its 4th showroom at Kozhikode, Kerala on 8 October 2026. The new outlet will retail silver jewellery and is part of the company's business expansion strategy.

Likely market impact

Stepping up retail network in line with growth plans. Modest near-term impact, supports long-term revenue build-up.