JOJO Ltd Affirms Full Disclosure Regarding Stock Price Movement

JOJO Ltd Affirms Full Disclosure Regarding Stock Price Movement

JOJO Ltd Affirms Full Disclosure Regarding Stock Price Movement​

JOJO Ltd provided a clarification regarding the recent movement in its equity shares following inquiries from the market surveillance department. The company stated that it has been regularly disseminating all material events and information as required by regulatory provisions.

The company maintained that there is no unpublished price sensitive information or any impending announcement that could influence the recent stock price movement which has not already been disclosed to the Stock Exchange.

JOJO Ltd affirmed that the movement in its securities appears to be purely market driven, and the company was unaware of any specific information or reason contributing to the volatility. The company reaffirmed its commitment to providing timely, adequate, and continuous disclosure of all material information as per applicable regulations. Should any such material information arise, JOJO Ltd committed to promptly intimating it to the Stock Exchange.

Stock Price Movement​

As of 13:13, JOJO Ltd shares are edging higher, trading at ₹248.10 after gaining 0.94%. The stock has seen a wide intraday range today, having moved between lows near ₹241.05 and highs reaching ₹254.45.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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