Jana Small Finance Bank clarifies on Federal Bank merger buzz news

Strategic Transactions View source PDF Explain this filing

JSFB · 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

-2.4%Reaction day

₹582.30

prior close

₹570.45

announcement price

In-mkt

timing

Nifty Microcap 250market-0.4%-2.0% vs market

Other Bank peers, median of 8sector-0.2%-2.2% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 2.2 pts less than its Other Bank 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

-0.2

15m

-0.4

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-0.4-2.0-0.2-2.2

Next day

-5.9+0.2-6.1+0.7-6.6

-6.3-0.1-6.2-0.9-5.5

-6.8+0.2-7.0-1.5-5.2

-7.6+0.5-8.1-1.2-6.4

-9.2-0.4-8.8-3.3-6.0

-8.6-0.4-8.2-3.0-5.7

15d

-13.1-2.5-10.6-7.5-5.6

-8.5+0.3-8.7-6.4-2.1

-34.7-9.4-25.3-18.1-16.6

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UpDownMarket · Nifty Microcap 250Sector · Other Bank peers, median of 8Pending

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

AI summary

Jana Small Finance Bank responded to NSE and BSE queries about media reports of a potential merger with Federal Bank that caused shares to fall up to 4 percent. The bank said it only evaluates opportunities in the ordinary course of business and confirmed there is no undisclosed material information that should have been shared with the exchanges.

Likely market impact

No formal merger deal announced; stock may stay volatile while merger rumours remain unconfirmed by both banks.