Significant increase in volume has been observed in Tejas Networks 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. Tejas Networks Limited has submitted their response.
TEJASNET · price
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Awaiting price reaction for this filing.
NSE observed a significant surge in trading volume in Tejas Networks and wrote to the company to check if there was any undisclosed information behind the unusual activity. Tejas Networks has submitted its response to the exchange. The company has not announced any major event in conjunction with this alert. The full text of the company's reply is not included in this filing, so investors should look for the response document for details.
Such volume spikes can hint at upcoming news or speculative activity; investors should watch for any further disclosure from the company and trade cautiously until the reason for the unusual volumes is clear.