NSE seeks clarification from Indo Count on price movement
ICIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.9 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
NSE noticed unusual price movement in Indo Count Industries shares and has written to the company asking for clarification on any price-sensitive information. The company has not yet responded. No specific reason for the price movement has been disclosed so far.
Stock may stay volatile until company clarifies the reason behind the unusual price movement.