LTIMindtree has addressed a query regarding a notable increase in its trading volume. The company stated that it consistently makes timely disclosures of all relevant events and information. Furthermore, LTIMindtree clarified that it is unaware of any specific reasons for the volume surge and believes the trading activity to be entirely market-driven. The company also acknowledged a significant overall movement within the IT industry.
Response to Volume Increase Query
LTIMindtree has responded to an inquiry concerning a significant increase in its trading volume. The company reaffirmed its commitment to providing timely disclosures related to all material events and information that could influence its operations and performance. This includes all required submissions as per prevailing regulations.
Company’s Perspective
The company stated that its management is not aware of any specific factors driving the increased trading volume. LTIMindtree maintains that it has no direct control over the market activity of its shares and believes that the recent surge is attributable to broader market dynamics. The company also pointed out that the IT sector as a whole has experienced considerable activity.
LTIMindtree emphasizes its dedication to transparency and compliance in its communications and operations.
Source: BSE