Significant increase in volume has been observed in New Delhi Television Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. New Delhi Television Limited has submitted their response.
NDTV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE and NSE raised an query with NDTV after observing a significant rise in trading volume and share price. The company responded stating that the price and volume increase is purely market-driven. Management has confirmed they are not aware of any undisclosed information or event that could explain the movement. The company has committed to making requisite disclosures under SEBI LODR Regulation 30 if any material development occurs. This is a routine compliance response filed after exchange scrutiny.
No material change to the company's fundamentals or operations has been disclosed. The filing confirms no hidden catalyst exists for the recent price rally, which may limit further speculative upward movement.