One Mobikwik Systems clarifies stock volume movement, attributes price fluctuations to market forces

One Mobikwik Systems clarifies stock volume movement, attributes price fluctuations to market forces​

One Mobikwik Systems Ltd has stated that all necessary information regarding events and operations of the company, including price sensitive details, have been duly disclosed. The clarification addressed volume movements in the company's security across exchanges.

The management confirmed that as of the date, there is no undisclosed information or announcement that could impact the price or volume behavior of the scrip.

In its statement, the company emphasized that from the perspective of management and available information, it has no announcements to share with stock exchanges related to the current volume behaviour of its shares. As a result, One Mobikwik Systems noted that it is not in a position to comment on the significant movement in the company's shares across exchanges recently.

The company attributed the movements in its share price and volume as being purely market-driven, stating that the company has no control over or knowledge of the underlying reasons for such shifts.

One Mobikwik Systems reiterated its commitment to complying with SEBI (LODR) Regulations, 2015 and pledged to keep stock exchanges duly informed of all material events and price sensitive information, as applicable.

MOBIKWIK Stock Price Movement​

As of 12:40 PM, shares of One Mobikwik Systems Limited are edging higher to ₹222.93, rising by 0.67% in live trading. The stock has seen robust investor interest today, with over 4.47 million shares traded during the session so far.