Announced Mon, 2 Feb · 11:25 IST

Significant increase in volume has been observed in India Tourism Development Corporation Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. India Tourism Development Corporation Limited has submitted their response.

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ITDC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The stock of India Tourism Development Corporation saw an unusual spike in trading volume, prompting the NSE to write to the company seeking an explanation as part of its routine market surveillance. ITDC has submitted its response to the exchange clarifying the reasons behind the higher volumes. No further details of the company's response are disclosed in this filing. Investors should wait for any additional disclosure from the company or exchange for full context.

Likely market impact

This is a routine exchange surveillance action and does not by itself indicate any negative development. Shareholders should monitor for the company's detailed response or any further exchange communication to understand if there is any fundamental trigger behind the volume rise.