West Coast Paper Mills Limited has informed the Exchange about Recommendation of Dividend

Corporate Actions View source PDF Explain this filing

WSTCSTPAPR · 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

+3.4%Reaction day

₹481.75

prior close

₹473.45

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+2.8% vs market

Paper & Paper Products peers, median of 36sector+1.6%+1.8% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 1.8 pts more than its Paper & Paper 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

+0.3

10m

+1.2

15m

+1.6

30m

+2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4+0.6+2.8+1.6+1.8

Next day

+2.3+0.5+1.8+1.4+1.0

+2.3+0.8+1.5+0.3+2.0

+1.2+1.2+0.1+0.4+0.9

-0.1+1.5-1.6+0.0-0.1

+2.1+1.6+0.6+2.3-0.1

+0.5+1.8-1.3+1.2-0.7

15d

+5.3+3.3+2.1+2.7+2.7

+5.9+3.1+2.7+4.2+1.6

+12.6+2.3+10.3+0.0+12.6

+7.7+0.2+7.5+0.8+6.9

UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 36Pending

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

AI summary

West Coast Paper Mills Limited has informed the stock exchange that its Board has recommended a dividend. The company has communicated this to the exchange as part of its corporate disclosure obligations. The exact dividend amount, percentage, and record date details are not specified in the available announcement text. Shareholders will need to wait for further details on the dividend quantum and the record date for eligibility.

Likely market impact

A dividend recommendation is generally viewed positively by income-focused investors, though the actual impact depends on the dividend size relative to the share price and the company's earnings. Watch for the final approval and record date announcement.