NSE seeks clarification from Garware Tech Fibres on unusual trading volume

GARFIBRES · price

Loading chart…

▲ 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

-2.9%Reaction day

₹792.00

prior close

₹796.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-3.8% vs market

Other Textile Products peers, median of 187sector+0.4%-3.3% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 3.3 pts less than its Other Textile Products 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

-1.9

15m

-2.5

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+0.8-3.8+0.4-3.3

Next day

-3.6+0.1-3.8-0.8-2.9

-6.4+0.0-6.4+0.3-6.7

-8.7-0.6-8.1-0.5-8.2

-5.9-0.9-5.0-1.0-4.9

-3.4+0.2-3.6-1.3-2.1

-9.0+1.2-10.2-1.5-7.4

15d

-4.2+0.7-5.0-1.6-2.7

-4.9-0.4-4.5-1.7-3.2

+2.2+5.2-3.0-0.5+2.6

+1.3+5.4-4.1-2.4+3.7

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 187Pending

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

AI summary

NSE has written to Garware Technical Fibres after observing a significant increase in trading volume. The exchange wants the company to provide relevant information so investors have the latest details. The company's response is awaited. No specific reason for the volume spike has been disclosed yet. This is a routine exchange surveillance step.

Likely market impact

Unusual volume has triggered an exchange query. Until the company responds, the stock may see volatility or uncertainty. Investors should await the company's clarification.