Pokarna Limited Reaffirms Disclosure Compliance Amid Stock Price Queries

Pokarna Limited Reaffirms Disclosure Compliance Amid Stock Price Queries

Pokarna Limited Reaffirms Disclosure Compliance Amid Stock Price Queries​

Pokarna Limited has addressed queries from the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Ltd. (NSE) concerning the movement in its scrip's price. The company stated that it maintains a consistent record of disclosing all material information pertaining to the operations and performance of Pokarna Limited.

The clarification was provided in response to surveillance requests received from both exchanges regarding the stock's recent volatility.

Pokarna Limited asserted that it has consistently disclosed all necessary material events and operational details to the stock exchange(s) within the mandated timeframe, adhering to relevant Listing Regulations.

Regarding the observed price fluctuations of the company's scrip, Pokarna Limited concluded by stating that the movement is purely attributable to market conditions and is entirely market driven.

POKARNA Stock Price Movement​

On Thursday, shares of Pokarna Limited slipped by 5.04% to settle at ₹1075.3 following the close, shedding ₹57.10 in trading. The stock saw a volume of 275,653 shares and was highlighted as having achieved its 52-week high previously.
 

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Editorial Note

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