Buyback complete: 8.68 lakh shares extinguished at Rs 900 each

Corporate Actions View source PDF Explain this filing

GANDHITUBE · 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

-0.2%Reaction day

₹896.45

prior close

₹897.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-1.8% vs market

Iron & Steel Products peers, median of 100sector+0.0%-0.2% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 0.2 pts less than its Iron & Steel Products 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

-0.5

10m

-1.1

15m

-0.6

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+1.6-1.8+0.0-0.2

Next day

+1.4+1.5-0.1+0.3+1.1

+11.7+1.9+9.8+0.6+11.0

+10.7+3.2+7.5+1.0+9.6

+9.0+1.7+7.3+0.9+8.1

+8.0+2.0+6.0+1.0+7.0

+7.6+1.4+6.3-0.1+7.8

15d

+5.9-0.8+6.7-2.3+8.2

+3.0-2.5+5.5-3.0+6.0

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 100Pending

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

AI summary

Gandhi Special Tubes completed its buyback on Sep 15, 2026, extinguishing 8,68,100 equity shares at Rs 900 each (total about Rs 78.13 crore). Paid-up share capital fell from 1.21 crore shares to 1.13 crore shares. Promoter holding dipped from 73.53% to 71.70%, while foreign investor stake jumped from 2.59% to 28.30% post-buyback.

Likely market impact

Share count reduces, which can boost EPS. Promoter holding dipped slightly while FII stake rose sharply post-buyback.