Significant increase in volume has been observed in Precision Wires India 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. Precision Wires India Limited has submitted their response.

NSE observed an unusual spike in trading volume in Precision Wires India Limited and wrote to the company seeking clarification, as is standard practice when a stock sees abnormal price or volume movement. The company has submitted its response to the exchange, though the specific contents of that response are not disclosed in this filing. This type of filing is routine and typically triggered automatically by the exchange's surveillance system when volume crosses certain thresholds. Investors should look for the company's separate response filing or any forthcoming disclosure for the actual explanation. Until the company's detailed response is public, the reason behind the volume surge remains unclear.