MCX imposes Rs 97,509 penalty on Steel City Securities post inspection

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STEELCITY · price

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

-1.9%Reaction day

₹84.30

prior close

₹83.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-1.4% vs market

Stockbroking & Allied peers, median of 36sector-0.0%-1.8% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.8 pts less than its Stockbroking & Allied 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

+0.9

10m

-0.9

15m

-0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9-0.5-1.4-0.0-1.8

Next day

-1.8-2.0+0.2-2.3+0.5

-2.0-2.7+0.6-2.6+0.5

-2.3-1.7-0.5-2.2-0.0

+5.0-1.4+6.4-2.3+7.3

+2.4-2.8+5.3-3.7+6.1

+5.2-2.8+8.0-4.2+9.3

15d

-0.3-8.4+8.1-8.6+8.3

-1.8-9.1+7.3-11.7+9.9

-1.3-4.0+2.7-7.0+5.7

-4.6+2.6-7.3-2.9-1.7

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 36Pending

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

AI summary

Multi Commodity Exchange of India (MCX) has levied a penalty of Rs 97,509 on Steel City Securities Limited following its inspection for the period ending 31 March 2024. The company, a trading member of NSE, BSE, MSEI, MCX and NCDEX, stated there is no material impact from the penalty. The disclosure was filed under SEBI LODR Regulation 30.

Likely market impact

Minor penalty with no material impact stated by the company; unlikely to materially affect share price or operations.