KCP receives USD 4 million dividend from Vietnam subsidiary

Corporate Actions View source PDF Explain this filing

KCP · 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

+2.6%Reaction day

₹193.22

prior close

₹194.81

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+1.6% vs market

Cement & Cement Products peers, median of 36sector+0.4%+2.2% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.2 pts more than its Cement & Cement Products 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

+0.3

10m

+0.4

15m

+0.3

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6+1.0+1.6+0.4+2.2

Next day

+2.9+2.0+0.9+1.1+1.8

+2.4+1.6+0.8+0.6+1.8

+3.0+1.2+1.8+0.1+2.9

+3.3+1.6+1.7+0.5+2.8

+3.5+1.9+1.6-0.1+3.6

+5.1+2.1+2.9+1.2+3.8

15d

+5.1+1.0+4.0-2.4+7.5

-5.0+0.2-5.2-4.2-0.8

-5.8-3.1-2.7-8.9+3.1

-15.5-10.9-4.6-10.1-5.3

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 36Pending

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

AI summary

KCP Limited received a dividend of USD 4 million, equal to Rs 35.12 crore, from its subsidiary KCP Vietnam Industries Ltd for 2024. The receipt adds cash and dividend income to KCP. This filing does not announce a dividend or any other payout to KCP shareholders.

Likely market impact

Positive for KCP's cash flow and income, but this is a dividend received by KCP, not a dividend announcement for its shareholders.