Man Infra board approves Rs 169.29 cr share buyback at up to Rs 171 per share

Corporate Actions View source PDF Explain this filing

MANINFRA · price

Loading chart…

▲ 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

₹122.00

prior close

₹124.15

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+2.6% vs market

Residential Commercial Projects peers, median of 65sector-0.6%+2.2% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.2 pts more than its Residential Commercial Projects 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

-1.1

15m

-1.0

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6-1.0+2.6-0.6+2.2

Next day

+0.7-1.5+2.2-1.1+1.7

+2.0-0.9+3.0-0.1+2.2

+2.3-0.3+2.5-0.3+2.6

+2.0+0.1+1.9-0.8+2.8

+4.8+0.7+4.1-0.9+5.6

+5.3+0.3+5.0-1.9+7.3

15d

+2.5+1.0+1.5-2.3+4.8

+2.2-2.4+4.6-4.7+6.9

—————

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 65Pending

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

AI summary

Man Infraconstruction board approved buyback of up to 99 lakh equity shares (2.45% of paid-up capital) at a maximum of Rs 171 per share, aggregating Rs 169.29 crore. The buyback will be done via the open market route through stock exchanges, excluding promoters and promoter group. The buyback size is about 8.66% of paid-up capital and free reserves on a standalone basis, within the SEBI 10% limit.

Likely market impact

Positive for shareholders; buyback can support the stock and improve EPS by reducing total share count.