Clarification on share price movement, says fully market driven

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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

+0.0%Reaction day

₹492.40

prior close

₹499.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-0.7% vs market

Heavy Electrical Equipment peers, median of 34sector+0.3%-0.3% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 pts less than its Heavy Electrical Equipment 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

-4.0

10m

-2.9

15m

-0.6

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+0.7-0.7+0.3-0.3

Next day

-3.4-1.0-2.4-1.5-1.9

-9.3-3.6-5.8-4.2-5.1

-11.0-4.5-6.5-6.1-5.0

-14.9-6.8-8.2-8.7-6.2

-12.9-6.4-6.5-7.3-5.6

-6.6pendingpending-4.9-1.7

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

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

AI summary

Star Delta Transformers responded to a BSE surveillance query about unusual price/volume movement in its stock. The company stated that all required disclosures under SEBI LODR Regulations have been made and no material information is pending disclosure. It clarified that the price and volume movement is purely market-driven and the management is not connected with it. Signed by Chairman and MD Kishore Gupta.

Likely market impact

No new information disclosed; company denies any hidden news behind the price move, which may not reassure investors watching the stock.