Clarification on significant share price movement

Regulatory & Legal View source PDF Explain this filing

DPWIRES · price

Loading chart…

▲ 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

+2.2%Reaction day

₹225.00

prior close

₹227.96

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+1.4% vs market

Iron & Steel Products peers, median of 103sector+0.0%+2.2% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 2.2 pts more than its Iron & Steel 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

+6.7

10m

+7.2

15m

+6.3

30m

+4.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+0.8+1.4+0.0+2.2

Next day

-1.5+1.0-2.5+0.3-1.8

-5.0+1.7-6.7+0.9-5.9

-10.2+0.1-10.3+0.2-10.4

-7.6+0.8-8.3+0.2-7.8

-13.6-0.9-12.7-0.5-13.1

-15.0-4.5-10.6-4.4-10.6

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 103Pending

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

AI summary

D P Wires has responded to BSE's query on the recent sharp movement in its share price. The company states the price move is purely market-driven, caused by market conditions and external factors. It confirms that no undisclosed material information exists that could impact the share price, and that all required disclosures under SEBI LODR Regulations have been made on time.

Likely market impact

Neutral to mildly positive — rules out hidden bad news behind the price spike, but gives no fundamental trigger.