Sudarshan Colorants clarifies on recent share price movement

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SUDARCOLOR · 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

+2.6%Reaction day

₹340.90

prior close

₹345.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+2.5% vs market

Dyes And Pigments peers, median of 8sector-2.1%+4.7% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 4.7 pts more than its Dyes And Pigments 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

-0.0

10m

+0.1

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6+0.1+2.5-2.1+4.7

Next day

+8.7+2.2+6.5-1.2+9.9

+11.8+1.8+10.0-2.3+14.1

+9.3+3.6+5.7-2.3+11.6

+13.8+2.3+11.5-1.8+15.6

+14.4+6.1+8.3+0.3+14.1

+8.5+6.4+2.1-1.1+9.7

15d

+5.6+7.0-1.4-0.1+5.7

+0.7+3.8-3.0-5.3+6.0

-17.1-5.2-11.9-17.3+0.2

+7.3+12.5-5.1+1.3+6.1

UpDownMarket · Nifty Microcap 250Sector · Dyes And Pigments peers, median of 8Pending

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

AI summary

NSE asked the company about a significant rise in its share price. The company replied that it has made all required disclosures on time under SEBI listing rules and is not aware of any undisclosed price-sensitive information. It said the price movement is purely market-driven and the company has no control over it.

Likely market impact

No new fundamental news. Confirms no hidden negative; price rise may be purely speculative, so investors should track carefully.