Promoter Indi Steel International acquires 0.38% stake in India Homes Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.2 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Indi Steel International Pvt Ltd, part of the promoter group of India Homes Ltd, acquired 15,00,000 shares (0.377% of paid-up capital) on the BSE. Before the deal, Indi Steel held 10.199% and other promoters held 25.579% (total promoter group 35.778%). After the acquisition, total promoter group holding rises to 36.155%. Disclosure filed under SEBI SAST Regulation 29(2).
Small promoter-group purchase signals confidence but size is too small to materially move the stock.