Promoter entities buy 10.96 lakh shares via open market

Promoter bought stakeOwnership Changes View source PDF Explain this filing

MSPL · 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

+0.7%Reaction day

₹36.11

prior close

₹36.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-0.7% vs market

Iron & Steel Products peers, median of 94sector+0.4%+0.3% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 pts more than its Iron & Steel Products 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

-0.8

10m

-0.7

15m

-0.7

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+1.4-0.7+0.4+0.3

Next day

-0.4+1.4-1.8+0.7-1.2

+2.1+0.9+1.2+0.8+1.3

-0.9+0.3-1.3-0.1-0.8

-0.6-0.4-0.1-0.1-0.5

+1.9-0.5+2.4+0.6+1.3

+2.4+1.1+1.2+1.2+1.1

15d

-6.1-2.5-3.6-1.1-5.1

-16.5-6.1-10.4-5.6-10.9

-12.2-2.8-9.4-4.3-7.9

-24.0-14.9-9.0-14.6-9.3

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 94Pending

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

AI summary

Two promoter group entities of MSP Steel and Power - Shree Vinay Finvest (5,40,600 shares on Dec 15) and Jagran Vyapaar (5,55,000 shares on Dec 16) - bought a total of 10,95,600 equity shares in the open market. Disclosed under SEBI insider trading regulations via Form C filings.

Likely market impact

Promoter buying signals confidence in the company and is generally viewed positively by retail investors.