MTNL attributes share price and volume movement to market conditions

Compliance View source PDF Explain this filing

MTNL · 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

-6.1%Reaction day

₹24.19

prior close

₹22.71

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%-3.8% vs market

Telecom - Cellular & Fixed line services peers, median of 6sector-0.5%-5.6% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 5.6 pts less than its Telecom - Cellular & Fixed line services 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

+0.0

15m

-0.0

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.1-2.3-3.8-0.5-5.6

Next day

-6.8-1.9-4.8+0.9-7.7

-5.7-0.2-5.5+3.9-9.7

-6.9pendingpending+1.5-8.4

—————

15d

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UpDownMarket · Nifty Microcap 250Sector · Telecom - Cellular & Fixed line services peers, median of 6Pending

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

AI summary

NSE asked MTNL to clarify a significant rise in trading volume and recent share price movement. MTNL said it had already disclosed relevant information and had no pending announcements. It attributed the movement to market conditions and said management was not involved.

Likely market impact

No new business update was disclosed. Management attributes the recent share price and volume rise to market conditions, not company news.