NSE seeks clarification from Jain Irrigation on unusual trading volume

JISLJALEQS · price

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▲ 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

+3.8%Reaction day

₹31.20

prior close

₹31.35

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+3.4% vs market

Plastic Products - Industrial peers, median of 45sector-0.0%+3.9% vs sector

On the reaction day the stock moved 3.4 pts more than Nifty Microcap 250 and 3.9 pts more than its Plastic Products - Industrial 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

-1.8

15m

-1.8

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.8+0.4+3.4-0.0+3.9

Next day

-0.6+0.9-1.6+0.4-1.1

-2.3+0.8-3.1-0.0-2.3

-3.4+0.6-4.0-0.4-3.1

-4.6+0.7-5.2-1.2-3.4

-6.5-2.6-3.9-1.3-5.2

-2.9-1.9-1.0-2.1-0.8

15d

-7.1-0.6-6.5-2.7-4.4

-9.7-1.0-8.7-3.2-6.5

—————

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 45Pending

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

AI summary

NSE noticed a sharp rise in trading volume in Jain Irrigation Systems shares. The exchange has written to the company seeking an explanation and clarification. The company has not yet responded. No specific reason for the volume jump has been shared so far.

Likely market impact

Short term uncertainty until company responds. Could be routine or may signal pending news. Watch for clarification.