Capacity addition approved across 3 plants; 3,351 million rupees investment

Capex & Operations View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹445.00

prior close

₹449.85

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+0.8% vs market

Auto Components & Equipments peers, median of 124sector+0.4%+1.3% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.3 pts more than its Auto Components & Equipments 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

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6+0.8+0.8+0.4+1.3

Next day

+1.9+1.0+0.9+0.5+1.5

+3.9+1.7+2.1+0.9+2.9

+1.1+0.1+1.0+0.1+1.0

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15d

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 124Pending

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

AI summary

Board approved capacity addition at three plants: Bahadurgarh-Patiala, Yelahanka-Bengaluru, and Bhiwadi. Existing capacity utilization is at 100 percent. Adding 8.15M CI Rings, 5.04M Steel Ring sets, 3.96M pistons, 3.24M engine valves (new line), 6M valve guides, and 6M valve seats. Investment of 3,351 million rupees, to be completed within 18 months, funded via internal accruals.

Likely market impact

Positive growth signal: fully utilized plants expanding to meet rising demand, funded internally without debt.