Indo Count Industries Clarifies Price Movements Following Exchange Inquiries
Indo Count Industries Ltd has issued a clarification regarding significant price movements in its security after receiving inquiries from stock exchanges. The company stated that there is no undisclosed or impending information that requires disclosure related to the movement of its shares.In response to requests for clarity concerning the volatility of the Company's equity, Indo Count confirmed that any significant change in the price of its shares is market driven.
The Company reiterated its commitment to adherence to materiality policies and guidelines laid down by its Board of Directors. Indo Count emphasized that it consistently makes requisite disclosures as per its internal regulations and commitments.
ICIL Stock Price Movement
Shares of Indo Count Industries Limited shed 1.59%, settling at ₹426.4 on Thursday after trading down by ₹6.90. The stock, which saw a strong performance during its run-up, had previously hit a high of ₹442.95 and traded against significant selling pressure amidst 1.42 million shares transacted.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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