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Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹292.25

prior close

₹285.25

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-1.2% vs market

Auto Components & Equipments peers, median of 110sector+1.0%-1.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.2 pts less than its Auto Components & Equipments 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

+5.3

10m

+5.5

15m

+4.6

30m

+3.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+1.0-1.2+1.0-1.2

Next day

-1.5+0.5-1.9+1.8-3.2

-2.7-0.0-2.6+1.3-4.0

-4.0-1.5-2.5-0.5-3.5

-5.1-2.2-2.9-0.9-4.2

-8.1-1.2-6.9-0.1-8.0

-5.6-2.4-3.2-1.9-3.7

15d

-18.9-8.8-10.1-7.2-11.7

-20.6-8.3-12.3-7.1-13.6

-16.5-3.5-13.0-5.5-11.1

-17.4+6.4-23.8+2.9-20.3

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 110Pending

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

AI summary

The EV arm of Kinetic Engineering, Kinetic Watts & Volts Ltd. (KWV), has been approved under the Government of Maharashtra's Electric Vehicle Policy 2026, entitling it to an incentive of approximately ₹42 crore phased over 10 years. This benefit is linked to KWV's planned investment of around ₹70 crore in robotics-led manufacturing, battery assembly (Range-X) and localisation of components at its Ahilyanagar facility in Maharashtra. The company manufactures the Kinetic DX electric scooter with 99% Indian-made parts and has commenced sales in Pune, Mumbai, Vadodara and Surat, with national expansion expected. KWV was set up in September 2022 as a dedicated EV subsidiary of Kinetic Engineering, while parent KEL continues to supply auto components to OEMs such as Tata Motors, Mahindra, Ashok Leyland and Renault.

Likely market impact

Positive medium- to long-term signal for KEL shareholders: a ₹42 crore phased incentive plus operational scale-up of its EV subsidiary supports future revenue and margins, though benefits are spread over a decade and execution of the EV business plan remains the key risk.