NSE seeks clarification on ITC Infotech acquisition news

HAPPSTMNDS · 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

+5.6%Reaction day

₹385.30

prior close

₹407.00

announcement price

In-mkt

timing

Nifty Microcap 250market+0.1%+5.5% vs market

Computers - Software & Consulting peers, median of 66sector+2.3%+3.3% vs sector

On the reaction day the stock moved 5.5 pts more than Nifty Microcap 250 and 3.3 pts more than its Computers - Software & Consulting 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

-0.0

10m

-0.0

15m

—

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.6+0.1+5.5+2.3+3.3

Next day

+1.2-0.9+2.1+0.4+0.8

-0.3-0.2-0.1+0.8-1.1

-1.0-0.7-0.3+1.3-2.3

-1.5-1.8+0.2+1.2-2.8

-0.6-1.2+0.5+1.0-1.6

-4.6-2.0-2.6-0.2-4.4

15d

-0.9+0.0-0.9+3.1-3.9

+2.3+2.5-0.2+2.2+0.1

-15.6+1.1-16.7-3.1-12.4

-16.6+1.2-17.8-5.5-11.1

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 66Pending

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

AI summary

NSE has asked Happiest Minds Technologies to clarify a news report that ITC Infotech has emerged as the frontrunner to acquire a majority stake in the company. The company has not yet responded to the exchange query. This relates to an unconfirmed acquisition story circulating in the media.

Likely market impact

Awaiting company response. A confirmed acquisition could significantly impact share price and shareholder value.