PITTIENGNSEPitti Engineering Limited· Industrial ManufacturingHighPositive
Announced Mon, 21 Apr, 2025 · 17:02 IST

Pitti Engineering Limited has informed the Exchange that Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 1.50 per equity share.

PITTIENG · 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
+1.4%Reaction day
₹999.00
prior close
₹1049.90
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+0.5% vs market
Industrial Products peers, median of 106sector+0.4%+1.0% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.0 pts more than its Industrial 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
5m
-2.8
10m
-2.0
15m
-2.4
30m
-2.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.4+0.9+0.5+0.4+1.0
Next day
-1.0+0.9-1.9+1.0-2.0
2d
-4.6+1.3-6.0+0.1-4.8
3d
-7.6-1.4-6.2-2.3-5.3
4d
-7.3-1.4-5.8-2.8-4.5
5d
-4.4-1.5-2.9-2.4-2.0
1w
-7.4-3.8-3.6-5.1-2.3
15d
-3.2+3.1-6.3-1.4-1.9
1m
-1.1+5.7-6.8-0.4-0.7
2m
-4.6+7.1-11.7+0.3-4.9
3m
+4.3+12.9-8.6+8.2-3.9
UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 106Pending

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

AI summary

Pitti Engineering Limited's Board of Directors, at a meeting held on April 21, 2025, has recommended a Final Dividend of Rs. 1.50 per equity share for its shareholders. Final dividends in India are typically paid after approval at the Annual General Meeting, with shareholders on the record date being eligible to receive the payout. The company is a listed entity on NSE and the announcement marks its dividend declaration for the financial year.

Likely market impact

Shareholders holding the stock on the record date will receive the Rs. 1.50 per share dividend, providing a small income return. The impact on stock price is generally modest and short-term, as the stock often adjusts downward by the dividend amount on the ex-date.