Fine Organic Industries Limited Issues Clarification on Unusual Trading Volume
Fine Organic Industries Limited has issued an official clarification regarding the significant surge in trading volume of its shares, following an inquiry from the National Stock Exchange of India (NSE).
In its letter dated March 21, 2025, addressed to NSE, the company stated that there is currently no material or price-sensitive information that requires disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Fine Organic confirmed that it will disclose relevant information as and when required in compliance with regulatory obligations.
The company also highlighted that as its shares are freely traded on stock exchanges, it is not in a position to comment on the share price movement or increased volume.
This clarification indicates that the recent surge in volume is likely driven by market speculation or external factors rather than company-specific developments.
Official Statement:
“We wish to inform you that presently there is no information about the Company which is material and price sensitive… The Company will not be in position to comment on the movement in its share price or increase in trading volume.” — Pooja Lohor, Company Secretary.
Effect on Share Market:
The clarification may cause short-term volatility in Fine Organic’s stock as investors digest the statement. While speculative buying might slow down post-clarification, long-term investors may remain cautious until concrete updates emerge. Absence of material news might lead to stabilization or mild correction in share price after the surge.
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Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
