NSE seeks clarification from JSW Dulux on Akzo Nobel news

JSWDULUX · 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

-2.0%Reaction day

₹2947.00

prior close

₹2937.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%-0.9% vs market

Paints peers, median of 8sector-1.7%-0.3% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Smallcap 250 and 0.3 pts less than its Paints 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

-0.5

10m

-0.7

15m

-0.8

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-1.1-0.9-1.7-0.3

Next day

+0.1-0.4+0.5-1.4+1.5

+5.6-0.3+5.9-1.4+6.9

+2.9-0.9+3.8-1.9+4.8

+1.8-0.8+2.6-0.5+2.4

+1.0-0.4+1.4+0.6+0.4

-1.1-2.9+1.8-1.5+0.5

15d

+0.2+0.1+0.0+4.5-4.4

+7.4+0.6+6.8+3.9+3.5

+5.3-1.5+6.9-9.3+14.7

+5.2-1.9+7.0-7.5+12.7

UpDownMarket · Nifty Smallcap 250Sector · Paints peers, median of 8Pending

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

AI summary

NSE has asked JSW Dulux Limited to clarify a recent news item about Akzo Nobel rejecting Nippon's 8.6 billion dollar offer for its paint business. The company is yet to respond, and the clarification is awaited. The matter is relevant as JSW Dulux operates in the Indian paints sector, and any potential consolidation in the global paint industry could have competitive implications.

Likely market impact

No immediate impact on stock. Watch for the company's clarification, which may signal how global paint sector deals affect its business.