EPACK Durable gets INR 7.36 Cr M-SIPS incentive from Govt of India

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EPACK · 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

+5.6%Reaction day

₹244.41

prior close

₹248.49

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.6%+3.0% vs market

Household Appliances peers, median of 22sector+2.6%+3.0% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 3.0 pts more than its Household Appliances 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

+0.7

10m

+1.5

15m

+2.9

30m

+2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.6+2.6+3.0+2.6+3.0

Next day

+8.0+3.6+4.4+3.6+4.4

+8.6+3.1+5.5+4.3+4.3

+5.1+2.6+2.6+3.1+2.0

+2.1+1.1+1.1+0.6+1.6

+4.8+0.3+4.5+0.2+4.6

+6.4+1.6+4.8+1.2+5.1

15d

-1.4-3.9+2.5-4.4+3.0

-3.9-8.1+4.3-6.5+2.7

-1.4-3.1+1.7-9.0+7.6

+5.2+9.2-4.0-0.8+5.9

UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 22Pending

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

AI summary

EPACK Durable has received Phase III incentive of INR 7.36 Crore under the Modified Special Incentive Package Scheme (M-SIPS) from the Ministry of IT and Electronics, Government of India. The scheme provides incentives in three phases for capital expenditure in setting up electronic manufacturing units. The company had invested in the scheme to support the Make in India and Aatmanirbhar Bharat initiatives.

Likely market impact

Positive but small cash inflow; boosts margins marginally and reflects government support for the company's electronics manufacturing expansion.