SEMAC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE and NSE regulatory bodies sought clarification from Semac Construction Ltd regarding unusual spurt in price and volume of the company's scrip (codes: 505368 on BSE, SEMAC on NSE). The company has confirmed that it has not withheld any material information or event that requires disclosure under SEBI's Listing Obligations Regulations. The management has denied any involvement or connection with the price/volume movement, attributing it entirely to market conditions and normal market forces.
Neutral for shareholders — the company has clarified that no undisclosed corporate event is driving the price movement, and the management is not responsible for the volatility. The stock movement appears to be market-driven speculation.