Dear Sir/Madam, With reference to clarification on increase in volume, we hereby submit that the company has always disclosed to the stock exchange, all the material information, which ....
GARUDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BSE asked Garuda Construction and Engineering to explain a recent sharp rise in the trading volume of its shares. In its reply dated 9 July 2025, the company said it has always disclosed all material information to the stock exchanges on time as required by SEBI listing rules. The management stated it is not aware of any specific reason for the surge in volume and called the increase purely market-driven, with no connection to the company's management or any undisclosed event. The letter was signed by Managing Director and Chairman Pravin Kumar Agarwal. There were no new financial results, orders, or corporate actions disclosed in this filing.
This is a standard regulatory clarification and does not indicate any positive or negative business development. The stock may continue to see volatile trading, and investors should watch for any follow-up disclosures from the company that could explain the unusual volume.