NSE seeks clarification from Responsive Industries on unusual volume spike

RESPONIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-15.8%Reaction day

₹224.63

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-16.4% vs market

Furniture Home Furnishing peers, median of 7sector-0.9%-14.9% vs sector

On the reaction day the stock moved 16.4 pts less than Nifty Microcap 250 and 14.9 pts less than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-15.8+0.6-16.4-0.9-14.9

Next day

-18.8+0.9-19.8-1.9-17.0

-20.3-0.2-20.1-1.0-19.3

-21.3-0.9-20.4-1.8-19.6

-21.6-0.5-21.1-0.3-21.3

-22.1+0.8-22.9-2.0-20.1

-22.8-0.0-22.8-2.7-20.1

15d

-24.4+3.9-28.3-4.6-19.8

-30.2+4.8-35.0-12.2-17.9

-28.9+5.1-34.1-13.9-15.0

-33.8-1.6-32.1-22.3-11.5

UpDownMarket · Nifty Microcap 250Sector · Furniture Home Furnishing peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The NSE noticed a significant rise in trading volume in Responsive Industries shares. The exchange has written to the company asking for the latest relevant information that could explain the unusual activity. The company has not yet responded. This is a routine surveillance step triggered when a stock sees sudden volume spikes, so that investors have proper information.

Likely market impact

Routine exchange query, no penalty or action yet. Watch for the company's response which may clarify the reason behind the volume surge.