Announced Fri, 11 Sept, 2026 · 11:18 IST
Promoter group entity sells 1.05% stake in Mercury EV-Tech via open market
MERCURYEV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹41.61
prior close
₹42.29
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.2-1.2-1.4-1.2-6.1-0.5-3.9-5.1-6.8-11.1———
Up moveDown movePending
AI summary
Shree Saibaba Exim Pvt Ltd, part of Mercury EV-Tech's promoter group, sold 20 lakh shares (1.05%) in the open market on September 10, 2026. Promoter group holding dropped from 19.87% to 18.82%. Disclosure filed under SEBI SAST Regulation 29(2).
Likely market impact
Promoter group trimming stake may signal weak confidence or portfolio rebalancing. Shareholders should watch for further selling.