The Management is of the opinion that the movement in the share price is purely due to market conditions and absolutly market driven.

Advance Metering Technology has responded to a BSE query asking for an explanation behind recent movement in its share price. The company told the exchange that it has already made all required disclosures under SEBI's listing rules and is not sitting on any undisclosed information that could explain the price action. Management is therefore attributing the share price movement entirely to normal market conditions, with no company-specific trigger involved. This is a standard 'no undisclosed event' reply often filed when the exchange flags unusual trading activity.