Significant movement in price has been observed in Raj Television Network 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, has written to the company. The response from the company is awaited.
RAJTV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.5 pts less than Nifty Microcap 250 and 6.6 pts less than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The NSE observed an unusual movement in the share price of Raj Television Network Limited and has written to the company seeking information as part of its surveillance process. This is a routine measure to keep investors informed about possible reasons behind sharp price swings. The exchange is awaiting the company's response before any further action. No specific reason for the price movement has been disclosed yet. Shareholders should watch for the company's reply, which may explain the rally or fall.
This is a standard exchange query and not an adverse action by itself, but it signals heightened scrutiny. If the company fails to clarify or discloses negative news, the stock could face volatility; a satisfactory response may help stabilise sentiment.