NRB Bearing to sell 2.57% stake in Amplus Ampere for about Rs 1.46 crore

Strategic Transactions View source PDF Explain this filing

NRBBEARING · price

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Price reactionminutes from the announcement price · days from the prior close

-4.1%Reaction day

₹457.85

prior close

₹461.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%-1.7% vs market

Auto Components & Equipments peers, median of 125sector-2.1%-2.0% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 2.0 pts less than its Auto Components & Equipments 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

-4.2

10m

-3.4

15m

-3.7

30m

-4.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.1-2.3-1.7-2.1-2.0

Next day

-4.7-1.9-2.8-1.2-3.5

-0.6-0.2-0.4+0.5-1.1

-0.8pendingpending+0.8-1.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 125Pending

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

AI summary

NRB Bearing will sell a combined 14,56,000 equity shares (2.57%) in Amplus Ampere Private Limited to Apcotex Industries and Deepak Novochem Technologies for about Rs 1.46 crore. It currently holds 8.50% in AAPL and will retain 5.93% after both deals. The transactions are not related party deals and carry no special rights for buyers.

Likely market impact

Minor divestment of a non-core financial investment. Small cash inflow of about Rs 1.46 crore. Negligible impact on operations or earnings.