Announced Thu, 9 Apr · 17:58 IST

Clarification on price movement

Price

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▲ 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
+1.2%1-day move
₹16.46
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+3.5+9.3+4.5+4.5+3.3+0.5-1.2-0.5-2.5
Up moveDown movePending
AI summary

Kanoria Energy & Infrastructure Ltd has submitted a clarification to BSE regarding significant movement in the price and volume of its scrip. The company confirms it has been making prompt disclosures of all price-sensitive information as required under SEBI Regulation 30. The company attributes the spurt in share price and volume to market forces, stating there is no undisclosed material development. The company has committed to informing the exchange of any future developments that may impact the stock price within the stipulated timeline.

Likely market impact

This is a routine clarification filing indicating no hidden corporate development is driving the stock movement. The stock movement appears to be speculative or market-driven rather than based on undisclosed material information.