Smartworks inks 1.68 lakh sq ft flex-office lease in Kolkata

Business Updates View source PDF Explain this filing

SMARTWORKS · 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

-0.1%Reaction day

₹448.25

prior close

₹453.50

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.1%+1.1% vs market

Diversified Commercial Services peers, median of 69sector-0.6%+0.5% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 0.5 pts more than its Diversified Commercial 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

+0.8

10m

-1.0

15m

-1.4

30m

-2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-1.1+1.1-0.6+0.5

Next day

-2.4-3.5+1.1-1.5-0.9

+0.8-1.6+2.4-1.6+2.4

+0.8-2.2+3.0-1.7+2.5

+1.3-1.8+3.1-1.5+2.8

+5.7-1.5+7.2-1.0+6.7

+5.3-1.6+6.9-0.9+6.2

15d

+6.4-2.0+8.4-1.5+7.9

+13.6+0.7+12.9-1.5+15.1

+2.2-3.8+6.0-8.2+10.4

-14.1-9.8-4.3-15.1+1.0

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 69Pending

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

AI summary

Smartworks has leased about 1.68 lakh sq. ft. in Kolkata to a leading global IT services major. The space is spread across two campuses, Victoria Park and Mediasiti, in Salt Lake City Sector V. This is the largest flex-office deal signed in the Kolkata region. The company says its 1,000+ seats category now contributes about 35% of rental revenue. Portfolio stands at about 14 million sq. ft. across 14 cities and 61 centres.

Likely market impact

Largest Kolkata flex deal signals strong demand for managed campuses and reinforces growth momentum for the stock.