Announced Thu, 18 Jun · 17:17 IST
Promoter entity buys equity shares via open market
MSPL · 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
+5.0%1-day move
₹42.47
prior close
₹42.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+1.3+0.8+4.0+5.0+1.5-0.4-1.5-3.0+0.5-6.3-14.2——
Up moveDown movePending
AI summary
MSP Steel & Power Limited has submitted a disclosure under SEBI Insider Trading Regulations regarding an open market purchase of equity shares by a promoter entity. The filing was made under Regulation 7(2) read with Regulation 6(2). The promoter group is increasing its stake in the company through market purchases.
Likely market impact
Promoter buying is generally seen as a positive signal, indicating confidence in the company's prospects by insiders.