Significant movement in price has been observed in Anand Rathi Share and Stock Brokers Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.
ARSSBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 0.2 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The NSE observed a significant movement in the share price of Anand Rathi Share and Stock Brokers Limited and has written to the company seeking relevant information or clarification. The exchange's aim is to ensure investors have the latest information and that their interests are protected. The company has not yet responded to the exchange's query. Until the company provides its reply, the reason behind the sharp price move remains unknown. Investors should watch for the company's official response for clarity on what triggered the movement.
Short-term volatility may continue until the company clarifies the reason for the price movement. The lack of a response so far creates uncertainty, which could lead to speculative trading.