Company responds to NSE query on significant share price movement

Regulatory & Legal View source PDF Explain this filing

ELECTHERM · price

Loading chart…

▲ 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

+0.2%Reaction day

₹1001.80

prior close

₹998.85

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-0.7% vs market

Iron & Steel Products peers, median of 97sector+0.8%-0.6% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.6 pts less than its Iron & Steel 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

+0.2

10m

+1.0

15m

+1.5

30m

+2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+0.9-0.7+0.8-0.6

Next day

-4.1+0.9-4.9+0.6-4.7

-13.2-1.1-12.0-0.7-12.4

+2.6+0.7+1.9-0.3+2.9

+14.8-0.7+15.5-1.3+16.1

+18.3-1.8+20.1-1.5+19.8

+12.9+2.9+10.0+0.5+12.4

15d

+12.9+5.3+7.6+1.9+11.0

+21.4+7.1+14.3+0.3+21.0

+0.8+8.2-7.3-0.4+1.2

-2.2+11.7-13.9+5.1-7.2

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 97Pending

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

AI summary

NSE asked Electrotherm to explain a recent unusual rise in its share price. The company replied that it is not aware of any specific reason and says the movement is purely market driven. It also confirmed that all price sensitive information has been disclosed to the exchanges as required under SEBI listing rules.

Likely market impact

No new fundamental information provided. Investors may stay cautious until any real trigger for the price rise is identified.