Clarification on significant increase in share trading volume

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ESTER · 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

-5.5%Reaction day

₹100.66

prior close

₹98.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-4.2% vs market

Packaging peers, median of 61sector-0.9%-4.6% vs sector

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 4.6 pts less than its Packaging 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

+0.0

10m

+0.3

15m

+0.3

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.5-1.3-4.2-0.9-4.6

Next day

-7.0-1.3-5.7-1.0-6.0

-6.6+0.0-6.7-0.7-5.9

-6.5-0.2-6.2-1.3-5.1

-3.6-3.0-0.7-2.4-1.3

-7.6-2.7-4.9-1.9-5.8

-8.4-1.7-6.7-2.8-5.6

15d

-15.6-8.9-6.7-7.5-8.0

—————

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 61Pending

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

AI summary

NSE noticed unusual trading volume in Ester Industries shares and sought a clarification. The company responded that it is unaware of any reason for the volume increase and is not withholding any information that could affect the share price or volume. Ester Industries also confirmed compliance with SEBI listing and disclosure regulations.

Likely market impact

Neutral for shareholders. The company has confirmed no undisclosed information behind the sudden volume spike, which should ease short-term uncertainty.