BSE seeks clarification from Medico Remedies on significant price movement

MEDICO · 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

-0.6%Reaction day

₹48.66

prior close

₹50.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.0% vs market

Pharmaceuticals peers, median of 165sector+0.0%-0.6% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.6 pts less than its Pharmaceuticals 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

-2.5

10m

-2.7

15m

-2.7

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.4-1.0+0.0-0.6

Next day

-1.8+1.7-3.5+0.0-1.8

-1.7+2.1-3.8+0.2-1.9

-4.8+2.1-7.0+0.5-5.3

-3.6+2.1-5.7+0.6-4.2

-7.2+1.9-9.1+0.9-8.0

-4.0+2.4-6.5+0.6-4.6

15d

-13.4+3.0-16.4+0.5-13.9

-17.4+3.7-21.2+1.1-18.6

-55.6+1.6-57.1+2.1-57.7

—————

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 165Pending

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

AI summary

BSE has asked Medico Remedies Limited to explain a sharp movement in its share price on August 3, 2026. The exchange wants to ensure that investors have access to the latest relevant information. The company is expected to respond within the prescribed timeframe with a suitable reply.

Likely market impact

Awaiting company response. No direct impact on shareholders unless undisclosed material information surfaces in the reply.