Inter-se promoter transfer of 12.10% stake in Sainik Finance & Industries

Promoter bought stakeOwnership Changes View source PDF Explain this filing

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

+14.0%Reaction day

₹34.21

prior close

₹38.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-3.3%+17.3% vs market

Cement & Cement Products peers, median of 37sector-2.6%+16.6% vs sector

On the reaction day the stock moved 17.3 pts more than Nifty Microcap 250 and 16.6 pts more than its Cement & Cement 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

-4.5

10m

-2.5

15m

-4.5

30m

-4.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+14.0-3.3+17.3-2.6+16.6

Next day

+8.5-3.4+11.9-2.8+11.3

+20.5-2.6+23.0-1.8+22.3

+19.8-1.0+20.9-0.1+19.9

+17.9-1.2+19.1-0.2+18.2

+5.5-0.7+6.3-1.4+6.9

+10.6-1.0+11.6-1.0+11.6

15d

+12.5-1.7+14.3-6.0+18.6

+9.6-4.1+13.7-7.4+17.0

—————

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 37Pending

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

AI summary

Sainik Finance & Industries reported an inter-se transfer of 13,16,066 shares (12.10% of capital) among promoter group members via off-market deal at Rs 40.62 per share under SEBI Regulation 10(1)(a)(ii). Promoter entities like Indu Solanki, Yuvraj Singh Solanki and Solanki HUFs exited fully (to 0%), while Dev Sindhu (rose to 6.73%), Vir Sen Sindhu (rose to 44.55%), Sarvesh Sindhu (rose to 11.70%) and others raised their stakes. No change in aggregate promoter holding or control.

Likely market impact

Internal promoter reshuffle; no change in control or aggregate holding. Neutral for the stock.