Dhanuka Agritech completes buyback, extinguishes 5 lakh shares

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DHANUKA · price

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

-0.1%Reaction day

₹1063.00

prior close

₹1062.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.2% vs market

Pesticides & Agrochemicals peers, median of 28sector-1.6%+1.5% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 1.5 pts more than its Pesticides & Agrochemicals 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

-1.1

10m

-1.5

15m

-1.3

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.3+0.2-1.6+1.5

Next day

-0.7+0.8-1.5-1.4+0.7

+0.1+0.9-0.8-1.2+1.3

+2.7+1.8+0.9-0.2+2.9

+3.0+1.5+1.5+0.4+2.6

+2.4+1.7+0.7+0.2+2.2

-2.3-1.1-1.2-2.4+0.1

15d

-4.3+1.0-5.3+0.4-4.7

-4.0+0.4-4.4-1.8-2.2

-8.2+6.4-14.5-4.9-3.3

-12.5+5.5-18.0-9.4-3.1

UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 28Pending

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

AI summary

Dhanuka Agritech has extinguished 5,00,000 equity shares (face value Rs. 2) bought back under its recent buyback offer. Post-buyback share capital stands at 4,45,78,324 shares (Rs. 8.92 crore), down from 4,50,78,324 shares. Promoter holding rose slightly from 69.71 percent to 69.81 percent. Mutual fund holdings jumped notably from 16.18 percent to 30.19 percent, indicating strong institutional interest in the buyback.

Likely market impact

Reduces share count, can boost earnings per share. Big jump in MF holdings signals strong institutional confidence in the company.