Marble City India Ltd Clarifies That Management Has No Role in Stock Price Movement
Marble City India Ltd has clarified its position regarding recent movements in the price of its security, asserting that the increase is purely a market driven activity.The company stated that neither the management nor the promoters of Marble City India Ltd hold any role in the rise of the stock price. Furthermore, the company confirmed that its management and promoters do not possess any price sensitive information that is undisclosed to the public.
In response to scrutiny over the security's increased valuation, the company maintained that the increase was entirely market driven. The statement reiterated that the management and promoters are uninvolved in this matter in any capacity.
Stock Price Movement
Marble City India Ltd shares settled at ₹137.15 on Friday, edging higher after closing up 0.92%. The stock spent the trading day within a range that extended between ₹135.70 and ₹138.80.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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