Burglary at Daman factory office, estimated loss around 44 lakhs

Plant Fire AccidentCapex & Operations View source PDF Explain this filing

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

+2.0%Reaction day

₹35.99

prior close

₹36.15

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+2.1% vs market

Other Electrical Equipment peers, median of 52sector-0.2%+2.2% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.2 pts more than its Other Electrical Equipment 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

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10m

+2.0

15m

+2.0

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0-0.1+2.1-0.2+2.2

Next day

+0.0+0.7-0.7-0.0+0.0

+1.4+2.3-0.9+1.5-0.1

+1.4+2.2-0.8+1.1+0.3

-0.1+2.6-2.7+0.9-1.0

+0.0+3.9-3.9+1.8-1.7

-3.4+2.7-6.1+0.9-4.3

15d

-6.9-1.2-5.7-3.2-3.7

-2.8-0.2-2.6-4.3+1.5

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 52Pending

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

AI summary

A burglary took place at Relicab Cable's factory office at Benslore Industrial Estate in Nani Daman, Daman and Diu. The company estimates the loss at about INR 44 lakhs plus GST, and is still assessing the full damage and any production impact. The affected assets are adequately covered by insurance and the company is filing insurance claims to recover the losses.

Likely market impact

Loss is small (around 44 lakhs) and insured, so financial hit should be limited. Watch for next update on production impact.