HDFIRENSEHD FIRE PROTECT LIMITEDHighNegative
Announced Wed, 28 Oct, 2026 · 21:16 IST

MPCB refuses consent for HD Fire's Jalgaon facility expansion

HDFIRE · 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
+2.5%Reaction day
₹268.40
prior close
₹268.55
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.9% vs market

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day
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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

On October 28, 2026, the Maharashtra Pollution Control Board refused consent to operate new sheds at the company's Jalgaon facility because environment clearance documents were not submitted. The refusal affects only newly commissioned expansion sheds. Consent for existing operations remains valid until March 31, 2029. The company expects no material impact and plans to address the concerns and reapply.

Likely market impact

Existing Jalgaon operations remain unaffected, but expansion approval is delayed. Management expects no material financial impact and plans to correct the documents and reapply.