Fire insurance claim approved, total Rs 774 million received

Plant Fire AccidentCapex & Operations View source PDF Explain this filing

GOPAL · 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

+0.6%Reaction day

₹251.55

prior close

₹253.35

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+1.9% vs market

Packaged Foods peers, median of 35sector-1.2%+1.8% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 1.8 pts more than its Packaged Foods 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

+6.8

10m

+4.2

15m

+4.1

30m

+2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-1.3+1.9-1.2+1.8

Next day

+0.2-1.3+1.5-1.0+1.2

+1.5+0.0+1.4-0.7+2.1

+1.4-0.2+1.6-1.4+2.8

-0.6-3.0+2.4-3.5+2.9

+0.3-2.7+3.0-3.3+3.6

+0.1-1.7+1.8-3.1+3.2

15d

-4.6-8.9+4.3-9.7+5.2

—————

UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 35Pending

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

AI summary

Following the December 2024 fire at its GIDC Metoda plant in Rajkot, Gujarat, Gopal Snacks received approval of a full and final insurance claim of Rs 363.98 million. Including earlier interim payments and scrap sale proceeds, the company has now received a total of Rs 774.27 million towards the fire claim, intended to support reinstatement of the production unit.

Likely market impact

Insurance recovery of Rs 774 million offsets fire losses and supports rebuilding of production capacity at the Metoda plant.