NSE seeks clarification from Arkade Developers on unusual volume spike

ARKADE · price

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

Price reactionminutes from the announcement price · days from the prior close

-4.0%Reaction day

₹130.50

prior close

₹131.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-2.0% vs market

Residential Commercial Projects peers, median of 64sector-2.2%-1.8% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.8 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.6

10m

+1.0

15m

+1.1

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.0-2.0-2.0-2.2-1.8

Next day

+1.4-0.1+1.5-0.6+2.0

+1.8+1.2+0.6+1.0+0.8

+8.4+1.4+7.0+1.4+7.0

+6.6+0.4+6.2+0.3+6.3

+6.5+1.0+5.5+0.5+6.0

+7.3-0.5+7.8-0.3+7.6

15d

+6.3-0.6+6.8-1.8+8.0

+3.1+3.4-0.2-2.0+5.1

-5.9+6.0-12.0-3.1-2.8

-10.3+1.1-11.4-9.0-1.4

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The NSE noticed a significant rise in trading volume in Arkade Developers shares and has written to the company for an explanation. The exchange wants investors to have the latest relevant information about the company. The company's response is awaited.

Likely market impact

Company's explanation awaited; clarity may ease concerns or trigger further action if response is unsatisfactory.