Significant increase in volume has been observed in Raymond 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. Raymond Limited has submitted their response.
RAYMOND · price
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The National Stock Exchange had written to Raymond Limited querying a significant surge in trading volume of its shares. In response, the company stated it has consistently disclosed all material and price-sensitive information as required under SEBI Listing Regulations (Regulation 30) within prescribed timelines. The company also confirmed it has promptly responded to all exchange queries. Raymond attributed the volume increase to market-driven factors, stating it has no influence over trading volume movements. The company reiterated its commitment to full regulatory compliance.
No new material information was disclosed. The volume surge remains unexplained, which may keep the stock under exchange surveillance. This is a routine clarification response with no direct impact on fundamentals.