Xponentia Group sells 6.42 percent stake in Sedemac Mechatronics via open market

Ownership Changes View source PDF Explain this filing

SEDEMAC · 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

+2.2%Reaction day

₹3450.00

prior close

₹3484.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+3.8% vs market

Auto Components & Equipments peers, median of 123sector-1.6%+3.8% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 3.8 pts more than its Auto Components & Equipments 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

+0.1

10m

+0.0

15m

-0.0

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2-1.6+3.8-1.6+3.8

Next day

+1.3-0.6+1.9-1.6+2.9

+1.2-0.8+2.0-1.5+2.6

+0.6-2.1+2.7-3.3+3.9

-2.6-2.1-0.5-3.9+1.3

-1.5-0.8-0.7-3.2+1.7

-6.1-3.8-2.3-5.7-0.3

15d

-10.7-6.9-3.8-8.2-2.5

-10.4-8.0-2.4-8.2-2.2

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 123Pending

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

AI summary

Non-promoter investor group Xponentia Group sold 28,34,801 shares (6.42 percent) of Sedemac Mechatronics in the open market on 24 Sep 2024. Their stake fell from 15.75 percent (69,55,200 shares) to 9.33 percent (41,20,399 shares). Sale disclosed under SEBI Takeover Regulations. Deal value not specified in filing.

Likely market impact

Large non-promoter shareholder cutting stake from 15.75 percent to 9.33 percent may signal reduced confidence and create overhang on the stock.