Nippon India MF sells 0.14% stake in Electronics Mart India
EMIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.4 pts more than its Diversified Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Nippon India Mutual Fund sold 5,54,085 shares (0.144%) of Electronics Mart India in open market transactions between Sep 2023 and Jul 2026. Their holding dropped from 3.09% (1.19 crore shares) to 2.95% (1.13 crore shares). Nippon MF is not part of the promoter group.
Minor stake cut by an institutional investor; likely routine portfolio rebalancing rather than a significant negative signal.