Recommended a dividend

Corporate Actions View source PDF Explain this filing

MUKANDLTD · 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

-9.6%Reaction day

₹120.25

prior close

₹118.55

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-10.8% vs market

Iron & Steel Products peers, median of 91sector+1.0%-10.6% vs sector

On the reaction day the stock moved 10.8 pts less than Nifty Microcap 250 and 10.6 pts less 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

-2.2

10m

-2.6

15m

-3.5

30m

-3.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-9.6+1.2-10.8+1.0-10.6

Next day

-7.9+0.1-8.0+0.0-7.9

-7.1+0.9-8.0+0.1-7.2

-4.9+0.8-5.6-0.1-4.8

-3.2+1.4-4.7+0.3-3.6

+0.9+2.0-1.1-0.2+1.1

+0.6+2.3-1.6-0.6+1.2

15d

+3.1+5.2-2.0+1.5+1.6

-6.0+1.6-7.6+1.6-7.6

+13.5+7.7+5.8+5.3+8.2

+14.3+4.0+10.4-1.2+15.5

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 91Pending

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

AI summary

Mukand Limited's board has recommended a dividend for its shareholders. The specific dividend amount, percentage, or rate per share has not been disclosed in the available filing details. This is a standard corporate action signaling that the company has generated sufficient profits to reward shareholders. Shareholders will need to await further details on the dividend quantum and record date to assess the actual impact.

Likely market impact

Generally positive for shareholders as it indicates profitability and shareholder reward, but the specific stock price impact depends on the dividend yield, which cannot be determined without the dividend amount and current share price.