Announced Fri, 19 Jun · 17:37 IST
Jupiter Capital releases pledge on 2.5 lakh Axiscades shares
AXISCADES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.4%1-day move
₹1940.00
prior close
₹1910.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3-0.3+0.1-0.4-4.4-9.7-12.8-11.1-11.5-13.5-15.7-20.3——
Up moveDown movePending
AI summary
Promoter Jupiter Capital Pvt Ltd released a pledge on 2,50,000 equity shares of Axiscades Technologies. Shares were pledged with lender JM Financial Credit Solutions via trustee Catalyst Trusteeship. After release, encumbered promoter shares fell to 30,87,000 (7.26% of capital) from 33,37,000 (7.85%). Total promoter holding remains steady at 58.03% (2,46,82,047 shares).
Likely market impact
Pledge release cuts promoter encumbrance from 7.85% to 7.26%, signaling reduced financial strain; mildly positive for the stock.