Announced Mon, 16 Mar · 17:59 IST
The Exchange has sought clarification from ITI Limited with respect to recent news item captioned ITI Limited Floats Tender For 100 MW, 250 MW, And 500 MW Solar PV Module Manufacturing Line At Naini Unit In Prayagraj. The response from the Company is awaited.
Regulatory & Legal
ITI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-8.4%1-day move
₹287.60
prior close
₹293.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-3.6-3.7-1.8-8.4-4.5-6.5-11.4-10.0-12.8+1.3+3.5-1.0+6.9
Up moveDown movePending
AI summary
The NSE has asked ITI Limited to clarify a recent news item about floating a tender for 100 MW, 250 MW, and 500 MW solar PV module manufacturing lines at its Naini unit in Prayagraj. The company has not yet responded to the exchange's query. This is a routine clarification request triggered by a media report about the company's expansion plans in solar manufacturing.
Likely market impact
No immediate impact on shareholders; the stock is likely to remain in a wait-and-watch mode until the company provides its clarification. This is a procedural exchange query and not indicative of any regulatory or legal trouble.