Clarification on share price movement

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SHRINGARMS · 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

-7.3%Reaction day

₹320.39

prior close

₹312.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-5.7% vs market

Gems Jewellery And Watches peers, median of 29sector-0.7%-6.6% vs sector

On the reaction day the stock moved 5.7 pts less than Nifty Microcap 250 and 6.6 pts less than its Gems Jewellery And Watches 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

+1.7

10m

+1.9

15m

+0.5

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.3-1.6-5.7-0.7-6.6

Next day

-2.0-1.0-1.0+1.1-3.1

-1.2-2.6+1.4+0.4-1.6

-2.4-5.1+2.7-1.4-1.0

-7.1-6.1-0.9-3.4-3.6

-12.3-8.3-4.0-6.4-5.9

-13.6pendingpending-6.0-7.6

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

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

AI summary

NSE and BSE asked Shringar House of Mangalsutra to explain the recent unusual movement in its share price. The company replied that it is fully compliant with SEBI disclosure rules and, to its knowledge, there is no undisclosed event or material information that could explain the price and volume behavior. The clarification was also posted on the company website.

Likely market impact

No hidden news disclosed; unusual price move remains unexplained. Watch for further exchange queries, as unexplained moves can attract more scrutiny.