Announced Tue, 16 Jun · 09:05 IST
Company clarifies Foxconn-AI data centre tie-up is by parent, not SEIL
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SCHNEIDER · 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
+4.0%1-day move
₹1216.20
prior close
₹1246.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-3.8-4.2-3.0+4.0+6.7+9.0+14.5+19.1+10.9+23.7+9.4——
Up moveDown movePending
AI summary
Following a Moneycontrol report saying SEIL's parent tied up with Foxconn for AI data centres, which pushed SEIL's stock to a 10% upper circuit on June 15, 2026, the company clarified the deal was executed by another Schneider Electric Group entity, not by SEIL. It confirmed no undisclosed price-sensitive information requires disclosure under SEBI Regulation 30.
Likely market impact
Stock surged on news unrelated to SEIL; clarification may cool sentiment and trigger a pullback from the upper circuit.