Promoter Rajesh Patel discloses equity share sale under PIT rules

Ownership Changes View source PDF Explain this filing

MCL · 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

-1.6%Reaction day

₹57.50

prior close

₹57.47

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.3% vs market

Aluminium Copper & Zinc Products peers, median of 9sector+0.3%-1.8% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.8 pts less than its Aluminium Copper & Zinc 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

+0.1

10m

+0.0

15m

-0.0

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6-0.3-1.3+0.3-1.8

Next day

-5.2-1.5-3.7+0.9-6.1

-9.2-1.5-7.7-1.3-7.9

-4.4-0.2-4.2+0.2-4.6

-3.6-0.5-3.1+0.6-4.3

-6.1-3.2-2.9-0.2-5.9

-5.9-2.2-3.8+0.1-6.0

15d

-16.0-9.5-6.5-4.9-11.1

-14.8pendingpending-7.2-7.6

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UpDownMarket · Nifty Microcap 250Sector · Aluminium Copper & Zinc Products peers, median of 9Pending

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

AI summary

M Tek Copper Limited informed NSE that promoter Rajesh Odhavjibhai Patel submitted a Form C disclosure under SEBI's Insider Trading Regulations 7(2)(a), reporting sale of company equity shares. The filing was shared with the exchange under Regulation 7(2)(b). Specific share count and pricing details were not legible in the filing.

Likely market impact

Promoter share sale can be a cautious signal for retail investors; track sale volume, price, and any follow-up disclosures.