Shivagrico Implements Ltd Addresses Share Price Movement with Market Conditions Explanation
Shivagrico Implements Ltd stated that the movement in the company's share price is primarily due to market conditions. The company confirmed that it is in compliance with SEBI (LODR) Regulations, 2015, and has promptly informed the Stock Exchange regarding all events and information that may affect the company's operations or performance.The company asserted that it has not withheld any information or events that would impact the price behavior of the company's scrip, as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company stated that the price movement is generally market driven, which is outside the control or knowledge of the company. This clarification was issued in response to a query regarding significant price movement in the company's shares.
Stock Price Movement
Shivagrico Implements Ltd. closed out the day on Tuesday, gaining 7.27% to settle at ₹21.99. Throughout the trading day, the shares remained completely flat, locking in action right at the ₹21.99 mark.Source:
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