SJVN has addressed inquiries regarding a notable increase in its trading volume across exchanges. The company stated it is compliant with all regulations and currently has no undisclosed information that could affect its stock’s price or volume. SJVN attributes the recent volume surge to prevailing market conditions, emphasizing its commitment to promptly disclose all material information as required.
Response to Volume Surge
SJVN has issued a clarification in response to recent queries regarding a significant increase in the volume of its shares being traded on various exchanges. The company addressed concerns about potential undisclosed information impacting the stock’s activity.
Current Status and Compliance
SJVN confirms it is in full compliance. The company currently possesses no undisclosed announcements or information that could influence the price or volume of its shares. This statement aims to assure investors of the company’s transparency and adherence to standard practices.
Market Factors at Play
SJVN believes the rise in trading volume reflects current market conditions. The company reinforces its commitment to keeping exchanges promptly informed of all significant events and relevant information as per requirements.
Source: BSE