Godavari Biorefineries: No Price Sensitive Information Behind Volume Surge
Godavari Biorefineries Limited has responded to a clarification request from the National Stock Exchange of India Limited regarding a significant increase in trading volume and price movement in the c...
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Why is Godavari Biorefineries Limited in the news today?
Godavari Biorefineries Limited (GODAVARIB) is in the news due to the company is providing a clarification regarding market movement and denies any undisclosed price-sensitive information. this is a neutral response to an exchange query.
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Godavari Biorefineries: No Price Sensitive Information Behind Volume Surge
December 29, 2025, 08:35 AM
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Godavari Biorefineries Limited has responded to a clarification request from the National Stock Exchange of India Limited regarding a significant increase in trading volume and price movement in the company's scrip.
In their communication dated 29th December 2025, the company stated that they have disclosed all material information bearing on their operations and performance to the stock exchange, in accordance with SEBI regulations. They confirmed that there is no undisclosed price-sensitive information or impending announcement or corporate action that could explain the recent market behavior.
The company further submitted that they are unaware of the specific reasons for the significant increase in share price and trading volumes. They attributed the movement to market-driven factors and reiterated their commitment to adhering to all listing regulations and applicable laws.
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