Significant movement in price has been observed in Semac Construction 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. Semac Construction Limited has submitted their response.
SEMAC · price
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BSE and NSE noticed an unusual spike in the price and trading volume of Semac Construction Limited's shares and sought a clarification from the company. In its response dated 25th March 2026, the company stated it has not withheld any material information or event that is required to be disclosed under SEBI's Listing Regulations. The company attributed the price and volume increase purely to market conditions and clarified that the management has no connection with the movement. No specific fundamental reason for the price action was provided.
This is a neutral, non-substantive clarification that gives shareholders no new information about why the stock moved. Investors should treat this as a 'no comment' from the company and exercise caution, as unexplained price spikes followed by such disclaimers often warrant closer scrutiny before making investment decisions.