Board approves rights issue to raise up to Rs 2,100 lakhs

Fund Raising View source PDF Explain this filing

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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

+5.0%Reaction day

₹21.01

prior close

₹22.06

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+5.6% vs market

Industrial Products peers, median of 129sector-0.5%+5.5% vs sector

On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 5.5 pts more than its Industrial 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

-4.8

10m

-4.8

15m

-4.8

30m

-4.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0-0.6+5.6-0.5+5.5

Next day

+0.0-0.9+0.9-0.8+0.8

-3.9+0.1-4.0-0.3-3.6

-0.3+0.3-0.6-0.4+0.1

-0.5+1.2-1.7-0.4-0.1

+9.1+0.8+8.3-0.0+9.1

—+0.3—-0.9—

15d

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+32.0+0.6+31.4-1.6+33.6

-2.7+4.7-7.4-2.8+0.1

-24.9+5.4-30.4+1.5-26.4

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 129Pending

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

AI summary

Board of Containe Technologies approved a rights issue of equity shares of face value Rs 10 each, to raise up to Rs 2,100 lakhs from eligible shareholders. Issue price, entitlement ratio, and record date will be decided later. Subject to statutory and regulatory approvals under SEBI ICDR Regulations.

Likely market impact

Existing shareholders may need to invest more to maintain their stake, though terms including issue price and record date are yet to be announced.