SIS Limited board approves buyback of up to Rs 106 crore via open market

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SIS · 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

₹437.55

prior close

₹434.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.1% vs market

Other Consumer Services peers, median of 21sector · industry level-0.4%-1.8% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.8 pts less than its Other Consumer Services 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

-0.7

10m

-1.0

15m

-1.2

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-0.1-2.1-0.4-1.8

Next day

-0.4-0.2-0.1+0.3-0.7

+0.3+0.1+0.2-0.4+0.7

-1.0+0.3-1.3-0.3-0.8

-2.3+0.4-2.7-1.3-1.0

-3.3+0.5-3.9-1.0-2.3

-4.7+0.3-5.0-2.6-2.1

15d

-2.7+1.9-4.6-1.0-1.8

-2.9+2.2-5.1-2.7-0.1

-6.8-1.2-5.6-10.3+3.5

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UpDownMarket · Nifty Microcap 250Sector · Other Consumer Services peers, median of 21Pending

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

AI summary

SIS Limited board approved buyback of up to Rs 106 crore through open market on NSE and BSE. Max price is Rs 478.50 per share of Rs 5 face value, implying up to about 22.15 lakh shares. Minimum buyback size is 75 percent of the cap. This is 9.99 percent of paid-up capital and free reserves on a standalone basis. Elara Capital is the manager. Buyback must close within 66 working days.

Likely market impact

Near-term price support; up to Rs 106 crore returned to public shareholders; EPS may rise on lower share count.