Shadowfax denies awareness of Flipkart stake sale talks

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SHADOWFAX · 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

-1.3%Reaction day

₹207.50

prior close

₹209.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-1.9% vs market

Logistics Solution Provider peers, median of 43sector+0.0%-1.3% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.3 pts less than its Logistics Solution Provider 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

-2.5

10m

-1.7

15m

-1.3

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3+0.6-1.9+0.0-1.3

Next day

-1.8+0.2-2.0+0.0-1.8

+3.6-0.9+4.5-0.7+4.3

+8.1-0.3+8.4-0.5+8.5

+5.9+0.0+5.8-0.8+6.7

+4.6-1.1+5.7-2.1+6.7

+3.7-1.4+5.1-2.3+6.0

15d

+17.2+2.7+14.5-1.4+18.7

+24.2+3.6+20.6-0.1+24.3

+17.1+2.0+15.1-2.9+20.0

+38.2+1.1+37.1-4.8+43.0

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 43Pending

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

AI summary

Shadowfax Technologies responded to NSE and BSE queries about a Moneycontrol news report saying Flipkart may sell about Rs 700 crore worth of stake in the company. The company stated it is not aware of any such negotiations and is not aware of any undisclosed information that could explain recent share price movement. It also said no regulatory or legal proceedings are applicable, and declined to comment on whether the news report is factually incorrect.

Likely market impact

Denial may calm short-term speculation, but uncertainty around a possible Flipkart exit could keep the stock volatile.