Announced Fri, 4 Sept, 2026 · 15:52 IST

Develops Ammonia Decomposition Catalyst, wins Tata Steel and NMDC orders

Business Updates 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

+2.8%Reaction day

₹321.00

prior close

₹326.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+2.4% vs market

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250, 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

+2.6

10m

+1.4

15m

+2.6

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+2.8+0.4+2.4

Next day

+10.3+0.9+9.3

+8.6+0.8+7.8

+9.3+0.6+8.8

+8.4+0.7+7.7

+3.0-2.6+5.6

+2.8-1.9+4.7

15d

-0.9-0.6-0.4

+21.7-1.0+22.7

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Devson Catalyst has developed a new Ammonia Decomposition Catalyst using in-house R&D. Got first order from NMDC in May 2026 and now first order from Tata Steel after successful customer trials. The higher-value product breaks ammonia into hydrogen and nitrogen, with uses in steel processing, green hydrogen, and oil and gas. BSE SME listed (544823).

Likely market impact

New higher-value product validated by Tata Steel and NMDC may support revenue growth. Stock trades on BSE SME with thin liquidity.