Company clarifies to BSE: share price movement is market-driven, no undisclosed info

Regulatory & Legal View source PDF Explain this filing

PHOENXINTL · 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

-10.0%Reaction day

₹39.51

prior close

₹39.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-10.7% vs market

Diversified Commercial Services peers, median of 74sector+0.1%-10.1% vs sector

On the reaction day the stock moved 10.7 pts less than Nifty Microcap 250 and 10.1 pts less than its Diversified Commercial Services 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

-7.7

10m

-5.7

15m

-6.6

30m

-7.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-10.0+0.7-10.7+0.1-10.1

Next day

-12.2-1.0-11.2-0.6-11.6

-20.5-3.6-17.0-2.6-17.9

-20.5-4.5-16.0-3.2-17.3

-25.1-6.8-18.3-5.8-19.3

-21.3-6.4-14.9-5.1-16.3

-20.0pendingpending-3.7-16.3

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 74Pending

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

AI summary

BSE asked Phoenix International to explain a recent significant movement in its share price. The company clarified it has consistently complied with SEBI listing rules and that there is no pending material event, undisclosed price-sensitive information, or impending corporate announcement. It stated the price movement is purely market-driven due to prevailing market conditions, and management is not connected to or responsible for it.

Likely market impact

No fundamental trigger identified; reassuring for investors but price may stay volatile until fresh news emerges.