Datamatics appoints Dr. Rajesh Gharpure as President and COO

Management Changes View source PDF Explain this filing

DATAMATICS · price

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Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹786.00

prior close

₹792.10

announcement price

In-mkt

timing

Nifty Microcap 250market+0.7%+0.4% vs market

IT Enabled Services peers, median of 79sector+1.0%+0.1% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.1 pts more than its IT Enabled Services 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

+2.2

10m

+1.7

15m

+1.5

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.7+0.4+1.0+0.1

Next day

-1.4-1.0-0.4-0.8-0.6

-3.2-3.6+0.4-2.4-0.8

-3.4-4.5+1.2-3.4+0.1

-10.0-6.8-3.3-6.0-4.1

-9.7-6.4-3.3-6.4-3.2

-8.0pendingpending-4.6-3.4

15d

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 79Pending

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

AI summary

Datamatics has appointed Dr. Rajesh Gharpure as President and Chief Operating Officer. He brings over 30 years of global experience in technology services and joins from Persistent Systems, where he served as Chief Delivery Officer. He earlier spent more than 20 years at L&T Infotech. Reporting to Vice Chairman and CEO Rahul Kanodia, he will oversee Digital Technologies, Digital Operations and Experiences, AI Consulting, Corporate Quality, and IT Operations, with a focus on AI-led services and profitable growth.

Likely market impact

Experienced external hire to lead AI-led growth push, likely positive for execution and strategic focus on AI services.