Exicom clarifies no undisclosed info behind volume surge
EXICOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 3.8 pts less than its Heavy Electrical Equipment 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 flagged a sharp rise in trading volume of Exicom Tele-Systems shares. The company responded to NSE's query stating that all material events have already been disclosed as required under SEBI listing rules, and there is no undisclosed price-sensitive information. Management attributed the volume rise to market activity and assured compliance with insider trading and disclosure regulations going forward.
Routine clarification; no fundamental impact unless undisclosed information later emerges.