Announced Thu, 22 Oct, 2026 · 12:13 IST

Mehul Telecom opens franchise store in Himmatnagar, Gujarat

Business Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹123.05

prior close

₹127.70

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+2.8% vs market

Speciality Retail peers, median of 16sector-0.3%+2.1% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 2.1 pts more than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+1.7-1.0+2.8-0.3+2.1

Next day

+5.6-3.3+8.9-2.8+8.3

+2.9-2.9+5.8-2.4+5.3

+5.6pendingpending-0.4+6.1

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UpDownMarket · Nifty Microcap 250Sector · Speciality Retail peers, median of 16Pending

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

AI summary

Mehul Telecom opened a new franchise retail store in Himmatnagar, Gujarat, on October 22, 2026. It operates under the Mehul Telecom name at Ashok Vatika. The filing provides no investment, revenue or profit details.

Likely market impact

The store expands the retail network and may support sales over time, but no financial contribution was disclosed, so the near-term impact is unclear.