Tolins subsidiary starts building reclaim rubber plant in Kerala

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TOLINS · price

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

+1.4%Reaction day

₹96.00

prior close

₹95.70

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.2% vs market

Tyres & Rubber Products peers, median of 16sector-0.0%+1.5% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.5 pts more than its Tyres & Rubber Products 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

+1.7

10m

+0.8

15m

+1.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.3+1.2-0.0+1.5

Next day

+1.0-0.2+1.2-0.0+1.1

+1.0+0.4+0.6+0.6+0.4

+0.0+0.2-0.2+0.5-0.5

-0.5+0.5-1.0-0.6+0.1

-1.3+0.8-2.0-0.5-0.8

-4.2-0.8-3.4-0.4-3.8

15d

-8.0-2.1-5.9-4.8-3.2

-6.3+0.2-6.5-6.6+0.4

-16.7-9.2-7.5-11.3-5.4

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UpDownMarket · Nifty Microcap 250Sector · Tyres & Rubber Products peers, median of 16Pending

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

AI summary

Tolins Tyres wholly owned subsidiary Terra Rubber has begun construction of a new Reclaim Rubber manufacturing plant in Palakkad, Kerala. The unit will convert scrap tyres and rubber waste into Reclaimed Rubber through devulcanisation, supporting the groups backward integration and raw material efficiency. Terra Rubber may also earn additional revenue from EPR certificates under the CPCB waste tyre framework. No specific capex figure was disclosed in the filing.

Likely market impact

Aids backward integration, adds a possible new revenue stream via EPR certificates. Investment size not disclosed, so direct valuation impact is unclear.