Clarification on price movement

MUNJALAU · price

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▲ 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

+3.2%1-day move

₹88.20

prior close

₹90.25

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.1+2.2+2.3+1.4+3.2+1.8-0.9+0.8-0.2+1.5-0.1+10.0+18.3—

Up moveDown movePending

AI summary

BSE asked Munjal Auto Industries to clarify the significant movement in their stock price. The company responded that they received a new business award from Honda Motorcycle and Scooter India Pvt. Ltd on May 11, 2026, for manufacturing and supplying Sheet Metal stamping and welding parts. They stated this information was already disclosed to the stock exchange as per SEBI regulations. The company claims they are unaware of the reason for the stock price movement and attributes it to market conditions, stating the management has no connection to the price movement.

Likely market impact

The filing reveals a new customer relationship with Honda Motorcycle, which could be positive for future revenue. However, without order value disclosure, it's unclear how material this development is. The company denies any insider involvement in the price movement.