NSE seeks clarification on significant price movement

TNTELE · 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

-10.0%Reaction day

₹14.26

prior close

₹13.11

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-9.7% vs market

Telecom - Equipment & Accessories peers, median of 5sector-0.6%-9.4% vs sector

On the reaction day the stock moved 9.7 pts less than Nifty Microcap 250 and 9.4 pts less than its Telecom - Equipment & Accessories 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

-2.1

10m

-2.1

15m

-2.1

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-10.0-0.3-9.7-0.6-9.4

Next day

-18.9-1.5-17.4-0.2-18.7

-22.9-1.5-21.4-0.6-22.3

-26.7-0.2-26.5+2.8-29.5

-30.4-0.5-29.9+1.3-31.6

-33.8-3.2-30.6-1.1-32.7

-33.5-2.2-31.3-1.6-31.9

15d

-36.7-9.5-27.2-11.6-25.0

—————

UpDownMarket · Nifty Microcap 250Sector · Telecom - Equipment & Accessories peers, median of 5Pending

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

AI summary

NSE has noticed a significant movement in the share price of Tamilnadu Telecommunication Limited. To protect investor interests and keep the market informed, the exchange has written to the company asking for the latest relevant information. The company is yet to respond to this query.

Likely market impact

May cause short-term volatility. Investors should wait for the company's clarification before taking any decision.