Clarification on Share Price Movement – Marathon Nextgen Realty Ltd.
- Clarification Issued Date: March 21, 2025
- Company: Marathon Nextgen Realty Ltd.
- Stock Codes:
- BSE: 503101
- NSE: MARATHON
- Reason for Announcement:
- BSE & NSE sought clarification on recent significant price movement.
- Company Response:
- All price-sensitive and regulatory disclosures have been timely communicated to exchanges.
- No new undisclosed developments are pending which could affect share price.
- The company attributes the price fluctuation purely to market-driven forces.
- Regulatory Compliance:
- Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
- Management Statement:
- Chetan R. Shah (Managing Director) emphasized transparency and timely investor communication.
📉 Effect on Share Market
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Short-term Impact: Neutral to Slight Negative
The absence of any new positive developments or clarifications indicating growth may lead to short-term correction or volatility as speculative buying cools off. -
Investor Sentiment:
Market participants may perceive the clarification as a signal to avoid over-speculation. Profit-booking likely by short-term traders.
🏢 About the Company
-
- Company Name: Marathon Nextgen Realty Ltd.
- Industry: Real Estate Development & Infrastructure
- Headquarters: Mumbai, India
- Stock Exchange Listings: BSE (503101), NSE (MARATHON)
- Core Business: Development of commercial and residential real estate, including large-scale townships and office spaces.
- Website: www.marathon.in
📉 Stock Market Disclaimer
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.
