Maithan Alloys buys 0.04% stake in Sterlite Technologies

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

MAITHANALL · 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

-3.9%Reaction day

₹798.80

prior close

₹789.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-4.3% vs market

Ferro & Silica Manganese peers, median of 7sector+2.0%-5.8% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 5.8 pts less than its Ferro & Silica Manganese 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

-0.6

10m

-1.5

15m

-0.7

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.9+0.4-4.3+2.0-5.8

Next day

-0.7+2.1-2.8+1.5-2.2

-1.2pendingpending+0.9-2.0

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15d

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UpDownMarket · Nifty Microcap 250Sector · Ferro & Silica Manganese peers, median of 7Pending

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

AI summary

Maithan Alloys acquired 211,661 shares, or 0.04%, of listed telecom equipment maker Sterlite Technologies through the stock exchange on 22 October 2026. The cash purchase cost Rs 17.24 crore and was completed. Maithan Alloys does not seek control, and the investment is intended for short-term or long-term benefits.

Likely market impact

The small investment may provide investment gains but is unlikely to materially change Maithan Alloys operations or control.