DAMODARINDNSEDamodar Industries Limited· Textiles & ApparelsHighNeutral
Announced Fri, 15 May, 2026 · 19:17 IST

Outcome of the Board meeting held on 15th May 2026

DAMODARIND · 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
+1.8%Reaction day
₹28.00
prior close
₹28.72
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+3.1% vs market
Other Textile Products peers, median of 180sector-1.6%+3.4% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.4 pts more than its Other Textile 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
5m
+0.0
10m
-0.1
15m
-0.1
30m
-5.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.8-1.4+3.1-1.6+3.4
Next day
+2.1-0.9+3.1-1.0+3.1
2d
+8.9-0.3+9.3-1.5+10.4
3d
+10.7+0.8+9.9-1.1+11.8
4d
+8.0+0.9+7.2-1.0+9.1
5d
+9.3+2.5+6.9-0.7+10.0
1w
+12.9+3.1+9.7-1.0+13.9
15d
+8.9+3.5+5.4-1.2+10.1
1m
+13.8+8.0+5.9-0.6+14.4
2m
+4.3+9.3-5.0-0.9+5.2
3m
-1.4+14.0-15.4-1.4-0.0
UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 180Pending

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

AI summary

Damodar Industries Limited's Board of Directors convened on May 15, 2026 and approved the audited financial results for the quarter and year ended March 31, 2026. The statutory auditors, M/s Devpura Navlakha & Co., issued an unmodified (clean) opinion on the financial statements. The Board also appointed M/s Dilip M. Bathija as Cost Auditor for FY 2026-2027 at a remuneration subject to shareholder approval. The 38th Annual General Meeting is scheduled for August 8, 2026, with the share transfer books closed from August 4 to August 8, 2026. No specific financial figures were included in this filing.

Likely market impact

The clean audit report indicates no major concerns raised by auditors, which is a positive signal for investors. The appointment of a cost auditor reflects ongoing compliance requirements. This is a routine quarterly results announcement with no immediate material impact.