TTK Healthcare Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & Legal View source PDF Explain this filing

TTKHLTCARE · 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

+2.9%Reaction day

₹1139.00

prior close

₹1142.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+3.6% vs market

Diversified peers, median of 11sector-0.9%+3.8% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 3.8 pts more than its Diversified 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

+0.8

15m

+0.7

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9-0.7+3.6-0.9+3.8

Next day

+1.0-0.9+1.8-0.5+1.5

+1.1+0.4+0.7-1.6+2.8

+0.4+1.3-0.8-0.2+0.7

+4.9+2.3+2.7-0.2+5.2

-0.5+1.6-2.1-0.1-0.4

+1.7+2.0-0.3+0.4+1.2

15d

+2.8+4.2-1.4-1.2+4.0

-0.7-1.0+0.3-4.5+3.8

+3.0+2.6+0.4-2.8+5.8

-1.3-0.4-1.0-5.2+3.9

UpDownMarket · Nifty Microcap 250Sector · Diversified peers, median of 11Pending

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

AI summary

TTK Healthcare has received orders from the Income Tax Officer, Corporate Ward 3(1), Chennai, withdrawing interest previously granted under Section 244A of the IT Act. For AY 2016-17, interest of Rs. 1.26 crore is being withdrawn and replaced with Rs. 13.27 lakh charged under Section 234D, totalling Rs. 1.40 crore. For AY 2017-18, Rs. 87.62 lakh of interest under Section 244A is being withdrawn. The total financial implication is around Rs. 2.27 crore. The company has stated it will file appeals before the appropriate authorities and is confident of getting relief.

Likely market impact

Short-term impact is limited as the total amount (~Rs. 2.27 crore) is relatively small for the company and the management is confident of winning the appeal. Shareholders should monitor the appeal outcome, but this is unlikely to materially affect the stock price.