Company denies social media stock tips, files complaint

Regulatory & Legal View source PDF Explain this filing

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

+4.9%Reaction day

₹3.24

prior close

₹3.38

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+5.0% vs market

Trading & Distributors peers, median of 134sector+0.0%+4.9% vs sector

On the reaction day the stock moved 5.0 pts more than Nifty Microcap 250 and 4.9 pts more than its Trading & Distributors 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

+0.3

10m

+0.6

15m

+0.6

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.9-0.1+5.0+0.0+4.9

Next day

-0.3-0.7+0.4-0.6+0.3

+1.5-1.0+2.5-1.7+3.3

-1.5+0.0-1.6-1.5-0.0

-4.9+0.2-5.1-1.5-3.4

-5.2+1.1-6.3-1.1-4.1

-4.9+0.9-5.9-1.4-3.5

15d

+25.6+0.8+24.9-2.4+28.0

+10.8-0.8+11.6-4.7+15.5

-4.6+5.0-9.7-5.0+0.4

-22.5+5.0-27.5-4.3-18.2

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 134Pending

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

AI summary

Ashnisha Industries has clarified to BSE that it has no connection to stock tips and investment advice circulating on social media platforms. The company stated it has not authorised any such messages and strongly denied involvement. It has filed an official complaint with the appropriate authority about the misleading information. The company confirmed there is no undisclosed material information requiring disclosure under SEBI LODR regulations.

Likely market impact

Shareholders should ignore social media tips; company has formally denied and is pursuing action against rumour mongers.