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HGMNSEHandsOn Global Management (HGM) Limited· IT - ServicesHighNeutral
Announced Thu, 17 Apr, 2025 · 08:29 IST

HOV Services Limited has informed the Exchange about Demerger

Strategic Transactions View source PDFExplain this filing

HGM · 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
+1.4%Reaction day
₹48.61
prior close
₹49.45
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+0.7% vs market
IT Enabled Services peers, median of 54sector+0.1%+1.4% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.4 pts more than its IT Enabled Services 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
5m
-3.8
10m
-2.3
15m
-1.7
30m
-1.7
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.4+0.7+0.7+0.1+1.4
Next day
+10.3+2.2+8.0+1.8+8.4
2d
+9.0+3.1+5.9+1.6+7.4
3d
+11.7+3.1+8.6+1.7+10.0
4d
+6.7+3.6+3.1+2.5+4.3
5d
+3.9+0.8+3.1-0.7+4.6
1w
+6.2+0.7+5.5-0.7+6.9
15d
+3.7+2.0+1.7+0.0+3.7
1m
+16.2+8.5+7.7+6.6+9.7
2m
+23.4+11.2+12.2+1.5+22.0
3m
+27.0+16.3+10.7+5.5+21.5
UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 54Pending

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

AI summary

HOV Services Limited, now known as HandsOn Global Management (HGM) Limited, has formally informed the NSE about a demerger. This is an initial intimation to the exchange regarding the demerger process. The full details — including the demerger ratio, the entities involved, the record date, and the timeline — are typically shared in subsequent filings.

Likely market impact

A demerger usually leads to the creation of a separate listed entity or restructuring of business verticals, which can unlock value for shareholders but may also cause short-term volatility. Investors should wait for the detailed scheme of arrangement and ratio announcement before taking any action.