Rushil Decor starts Phase 2 jumbo laminate production in Gujarat

Greenfield plant commissionedCapex & Operations View source PDF Explain this filing

RUSHIL · price

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

+0.8%Reaction day

₹22.95

prior close

₹23.52

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+1.4% vs market

Plywood Boards/ Laminates peers, median of 11sector+2.1%-1.3% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.3 pts less than its Plywood Boards/ Laminates 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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Sessions after the filingfrom the prior close

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Reaction day

+0.8-0.6+1.4+2.1-1.3

Next day

+3.1-0.2+3.3+0.6+2.5

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+2.9-0.1+2.9+3.1-0.2

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15d

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-29.0-8.7-20.2-11.7-17.3

UpDownMarket · Nifty Microcap 250Sector · Plywood Boards/ Laminates peers, median of 11Pending

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

AI summary

Rushil Decor has commenced commercial production of Phase 2 of its Jumbo Size Laminate Sheets project at the newly set-up Gujarat plant in Gandhinagar district. Phase 2 adds about 1.6 million sheets per annum capacity, taking total installed capacity of the unit to about 2.8 million sheets per annum.

Likely market impact

Positive for growth; new capacity boosts production volumes, supporting revenue expansion in coming quarters.