Announced Tue, 12 May · 15:14 IST

Clarification on Price Movement

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹2213.00
prior close
₹2216.85
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6-0.3-0.3+3.5+5.7+7.6+9.8+1.4-5.6+3.5+9.9+6.7
Up moveDown movePending
AI summary

BSE Surveillance Department asked ADC India Communications to explain significant movement in its share price (Scrip Code: 523411). The company clarified that apart from disclosures already made to the Stock Exchange, there is no other information or impending announcement that may affect operations, performance, or stock price. The firm stated it has been disclosing all relevant information to investors as required under SEBI regulations. The company attributed the share price movement to general market conditions, stating it has no control over market-driven price fluctuations.

Likely market impact

Neutral for investors - the filing confirms no undisclosed material developments are driving the stock price. The movement appears to be market-driven rather than company-specific, reducing concerns about potential insider activity.