Company attributes recent share price movement to market forces

Regulatory & Legal View source PDF Explain this filing

SHREERAMA · price

Loading chart…

▲ 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

+8.7%Reaction day

₹53.20

prior close

₹51.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+11.3% vs market

Packaging peers, median of 62sector-3.0%+11.7% vs sector

On the reaction day the stock moved 11.3 pts more than Nifty Microcap 250 and 11.7 pts more than its Packaging 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

+1.0

10m

+0.7

15m

+0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.7-2.6+11.3-3.0+11.7

Next day

+1.5-3.6+5.1-4.6+6.1

+10.6-5.8+16.5-5.7+16.3

+14.7-5.5+20.1-5.6+20.3

+8.1-3.8+11.9-5.0+13.1

+8.5pendingpending-4.5+13.0

—————

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 62Pending

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

AI summary

NSE asked Shree Rama Multi-Tech to explain a significant recent movement in its share price. The company said it regularly discloses relevant information under SEBI rules, has no knowledge of any person's involvement, and believes the movement was purely market driven. It provided no new financial or operating details.

Likely market impact

The response gives no new financial or business information. Without a company-specific explanation, the share price may remain volatile.