Empanelled with MCD for diagnostic services at CGHS rates

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Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹76.18

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-1.1% vs market

Healthcare Service Provider peers, median of 26sector-0.4%-0.5% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.5 pts less than its Healthcare Service Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-0.9+0.2-1.1-0.4-0.5

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+0.9+0.9+0.1+0.1+0.8

+3.4-0.8+4.1-1.0+4.4

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UpDownMarket · Nifty Microcap 250Sector · Healthcare Service Provider peers, median of 26Pending

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

AI summary

Star Imaging and Path Lab has been empanelled with the Municipal Corporation of Delhi (MCD) to provide diagnostic services to eligible beneficiaries at CGHS prescribed rates. The empanelment depends on the continued validity of the company's CGHS empanelment. The company says this will strengthen its business and expand its reach in diagnostic services.

Likely market impact

Positive for growth - MCD empanelment broadens reach for diagnostic services, potentially adding new revenue streams.