NSE seeks clarification on unusual trading volume in Cosmo First
COSMOFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.5 pts less than its Packaging 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.
NSE has noticed a significant rise in trading volume in Cosmo First Limited and has written to the company for an explanation. The company's response is still awaited. No details on the cause of the volume spike have been provided so far.
Shares may see volatility until the company clarifies the reason for the volume surge. Investors should wait for the response.