Significant movement in price has been observed in Simplex Infrastructures 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.
SIMPLEXINF · price
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NSE has observed a significant movement in the price of Simplex Infrastructures Limited stock. To protect investor interests and ensure market transparency, the exchange has written to the company requesting clarification on whether any material information that should be disclosed has not yet been released to the market. The company's response is currently awaited. This is a standard market surveillance procedure.
This is a precautionary measure by the exchange. Until the company responds, investors should exercise caution as the price movement may be due to undisclosed material information. Trading in the stock may see increased volatility.