Announced Tue, 14 Jul · 16:04 IST
Received final subsidy tranche of Rs 3.27 Crore from MP Government
Business Updates View source PDF
RAJRATAN · price
▲ 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
+4.4%1-day move
₹478.00
prior close
₹477.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.3-0.1-1.0+4.4+1.5+1.5+6.0+3.4+1.0————
Up moveDown movePending
AI summary
Rajratan Global Wire received Rs 3.27 Crore as the final installment of Investment Promotion Assistance from MP Industrial Development Corporation, a Madhya Pradesh government undertaking, under the state's Investment Promotion Assistance Scheme. The total sanctioned subsidy was Rs 22.92 Crores spread over 7 years, with Rs 3.27 Crore paid yearly. This receipt closes out the assistance claim.
Likely market impact
Modest positive: final subsidy installment received, adding to cash flow. Already sanctioned earlier, so limited new stock impact.