Galaxy Bearings sells Pune land in two tranches for Rs 275 Lakhs

Strategic Transactions View source PDF Explain this filing

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

+1.6%Reaction day

₹915.05

prior close

₹923.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-3.3%+4.9% vs market

Abrasives & Bearings peers, median of 6sector-4.4%+6.0% vs sector

On the reaction day the stock moved 4.9 pts more than Nifty Microcap 250 and 6.0 pts more than its Abrasives & Bearings 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

—

10m

—

15m

-5.7

30m

+2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6-3.3+4.9-4.4+6.0

Next day

-1.6-3.4+1.8-2.4+0.8

-1.4-2.6+1.2-2.3+0.8

-0.2-1.0+0.8-1.2+0.9

+1.2-1.2+2.4-1.8+3.0

-0.6-0.7+0.2-1.4+0.9

-0.9-1.0+0.1-0.7-0.2

15d

+9.5-1.7+11.2-5.1+14.6

+9.1-4.1+13.2-10.1+19.2

—————

UpDownMarket · Nifty Microcap 250Sector · Abrasives & Bearings peers, median of 6Pending

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

AI summary

Galaxy Bearings Board approved sale of industrial land at Sanaswadi, Pune (about 20,234 sq m total). Tranche 1: 6,100 sq m to BRK Infra Leasing LLP for Rs 125 Lakhs, deed on Sept 17. Tranche 2: 5,700 sq m to Treefac Works LLP for Rs 150 Lakhs, deed on Sept 24. Remaining area to be sold in later tranches. Land is unutilized with no revenue contribution. Buyers are not related parties.

Likely market impact

Small non-core asset sale, no impact on operations. Inflows may marginally boost cash reserves.