Golkunda Diamonds & Jewellery Clarifies Share Price Surge, States Movement is Purely Market Driven
Golkunda Diamonds & Jewellery Ltd has issued a clarification regarding the recent sharp increase in its share price, stating that the stock movement is driven solely by market conditions. The company emphasized that its management holds no connection to the share price surge.The clarification addressed the sudden rise in the company's shares, which Golkunda Diamonds & Jewellery Ltd stated it was not aware of. The company confirmed that the increase in the share price is purely market driven and attributable to prevailing market conditions.
Golkunda Diamonds & Jewellery Ltd reiterated its commitment to regulatory adherence and continuous disclosure. The company confirmed its adherence to the requirements regarding listing obligations and stated that it will keep the Stock Exchange duly informed of any material information as and when such events occur.
Stock Price Movement
At the close on Friday, Golkunda Diamonds & Jewellery Ltd shares settled at ₹342.35, edging higher by 1.35%. The stock experienced significant intraday volatility, navigating a range between a low of ₹330.40 and an intraday high of ₹348.00.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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