Market-Driven Stock Movement Not Attributed to Undisclosed Information at Sula Vineyards

Market-Driven Stock Movement Not Attributed to Undisclosed Information at Sula Vineyards

Market-Driven Stock Movement Not Attributed to Undisclosed Information at Sula Vineyards​

Sula Vineyards Limited has issued a clarification regarding recent increases in the volume and movement of its securities on the stock exchanges. The company confirmed that there is no undisclosed information or announcement that would bear upon the price or volume of its scrip.

The clarification addresses the significant market activity observed in the company's stock, confirming that the movements are purely market-driven. Sula Vineyards stated that it has neither any control nor knowledge regarding the reasons for such movement.

The company reiterated that its securities have not been affected by any unpublished price sensitive information or undisclosed events at its end.

Sula Vineyards confirmed that all necessary disclosures are being made in a timely and accurate manner, ensuring adherence to disclosure requirements. The company also maintained its commitment to promptly disclose any price sensitive information to the stock exchanges as required.

SULA Stock Price Movement​

Sula Vineyards Limited shares today slipped by 0.66% to settle at ₹167.87 in post-market trading. The stock saw heavy activity, with 783,392 shares trading throughout the session.
 

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