Garware Technical Fibres Ltd States Stock Volume Increase Is Purely Market Driven
Garware Technical Fibres Limited has clarified the significant increase in the volume of its securities across exchanges, stating that the stock movement is purely market driven and not linked to any company-specific announcements.The company addressed an inquiry regarding the sharp rise in trading volume and subsequent price action concerning its scrip.
In response, Garware Technical Fibres confirmed that, as per current knowledge, the company does not possess any information or impending announcement that could influence the price or volume behavior of its stock and requires mandatory disclosure.
The management emphasized that the observed movement in volume and the increase in share price appears to be entirely market driven.
GARFIBRES Stock Price Movement
Shares of Garware Technical Fibres Limited today slipped by 3.44% to settle at ₹769, reflecting a loss of ₹27.40 from the previous close. The stock traded within a tight session, hitting an intraday low of ₹765.25 and reaching a high of ₹798.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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