SIL acquires GI Wire plant in Chhattisgarh, capacity up by 48 percent

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

+4.9%Reaction day

₹203.05

prior close

₹211.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.5% vs market

Cables - Electricals peers, median of 11sector-0.6%+5.5% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 5.5 pts more than its Cables - Electricals 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

-1.6

10m

-0.0

15m

-0.0

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.9+0.4+4.5-0.6+5.5

Next day

+9.1+1.7+7.4+0.2+8.9

+10.8+2.1+8.7+1.7+9.1

+7.4+2.1+5.2+2.0+5.3

+9.6+2.1+7.5+3.7+5.8

+9.8+1.9+7.9+4.4+5.4

+14.0+2.4+11.5+7.2+6.8

15d

+10.3+3.0+7.3+6.8+3.5

+25.6+3.7+21.9-0.3+26.0

+38.0+1.6+36.5+1.0+37.0

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UpDownMarket · Nifty Microcap 250Sector · Cables - Electricals peers, median of 11Pending

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

AI summary

SIL acquired a Galvanized Iron wire plant at Siltara, Chhattisgarh with 48,000 MTPA capacity on a 10 acre site. This lifts total installed capacity by 48 percent to around 1,48,000 MTPA across five units and strengthens presence in Central India. The plant is fully operational, making the deal immediately EPS accretive. Funding is disciplined, with SIL keeping a net debt-free balance sheet, and synergies from logistics, distribution and cross-selling are expected to support margins.

Likely market impact

Capacity jumps 48 percent, deal is EPS accretive, reinforces position in power and infrastructure segments.