Significant movement in price has been observed in NIIT 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. NIIT Limited has submitted their response.
NIITLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NSE noticed an unusual movement in NIIT Limited's share price and wrote to the company seeking clarification under its surveillance mechanism. NIIT Limited has submitted its response to the exchange. The exact content of the response has not been detailed in this filing. This is a routine exchange action to ensure investors have relevant, up-to-date information when a stock shows sharp price moves.
The stock is currently under exchange scrutiny, which may keep it volatile in the short term. Investors should look out for the company's detailed response or any further exchange action for clarity on the reasons behind the price move.