ELGIEQUIPNSEElgi Equipments Limited· Industrial ProductsHighPositive
Announced Wed, 28 May, 2025 · 19:18 IST

Elgi Equipments Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, recommended Final Dividend of 2.20 per equity share.

ELGIEQUIP · price

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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
-1.1%Reaction day
₹505.80
prior close
₹508.10
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%-1.6% vs market
Compressors Pumps & Diesel Engines peers, median of 11sector+0.5%-1.7% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Smallcap 250 and 1.7 pts less than its Compressors Pumps & Diesel Engines 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
5m
-0.1
10m
-1.8
15m
-1.0
30m
-0.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.1+0.4-1.6+0.5-1.7
Next day
+5.8+0.8+5.0+0.1+5.7
2d
+5.8+1.5+4.3-0.3+6.0
3d
+4.5+1.6+2.9+0.4+4.1
4d
+5.6+2.1+3.5+1.3+4.3
5d
+5.8+2.8+3.0+1.7+4.1
1w
+5.6+4.8+0.7+4.8+0.8
15d
+3.4+0.6+2.8+1.3+2.1
1m
+6.1+6.5-0.5-0.1+6.2
2m
+11.4+3.7+7.8+3.5+8.0
3m
-6.9-1.2-5.7-0.3-6.7
UpDownMarket · Nifty Smallcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 11Pending

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

AI summary

The Board of Directors of Elgi Equipments Limited, at its meeting held on May 28, 2025, has recommended a Final Dividend of Rs. 2.20 per equity share for the financial year. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates will be communicated separately. This is part of the company's regular dividend distribution practice.

Likely market impact

Positive signal for shareholders as it indicates the company is returning value despite the modest per-share amount. Investors should wait for the record date announcement and AGM approval before the dividend becomes payable.