NSE seeks clarification from MTNL on significant volume increase

MTNL · price

Loading chart…

▲ 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

-6.1%Reaction day

₹24.19

prior close

₹23.66

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%-3.8% vs market

Telecom - Cellular & Fixed line services peers, median of 6sector-0.5%-5.6% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 5.6 pts less than its Telecom - Cellular & Fixed line services 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

-2.3

10m

-1.3

15m

-2.2

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.1-2.3-3.8-0.5-5.6

Next day

-6.8-1.9-4.8+0.9-7.7

-5.7-0.2-5.5+3.9-9.7

-6.9pendingpending+1.5-8.4

—————

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Telecom - Cellular & Fixed line services peers, median of 6Pending

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

AI summary

NSE has observed a significant increase in trading volume in Mahanagar Telephone Nigam Limited. The exchange has written to the company seeking clarification and to ensure investors have the latest relevant information. The response from the company is awaited. This is a routine exchange advisory when unusual trading activity is noticed.

Likely market impact

Clarification from the company is awaited. Investors should watch for the company's response, which may explain the volume surge or signal upcoming news.