Precision Wires India Limited Clarifies Volume Spurt, Cites Market Factors
Precision Wires India Limited has responded to an inquiry from the BSE and NSE regarding a significant increase in trading volume on their stock. The company, in its letter dated December 29, 2025, st...
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Why is Precision Wires India Limited in the news today?
Precision Wires India Limited (PRECWIRE) is in the news due to the company is responding to a regulatory query about stock volume and states there is no specific company-related news causing the movement, attributing it to market factors. this is a neutral response.
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Precision Wires India Limited Clarifies Volume Spurt, Cites Market Factors
December 30, 2025, 11:11 AM
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Precision Wires India Limited has responded to an inquiry from the BSE and NSE regarding a significant increase in trading volume on their stock. The company, in its letter dated December 29, 2025, stated that all material information, including price-sensitive details that could impact operations or performance, has already been disclosed to the exchanges as per SEBI (LODR) Regulations, 2015.
The company assured the exchanges that there is no pending announcement or undisclosed information that would explain the recent price behavior. Precision Wires India Limited believes the stock's price movements are primarily driven by general market factors and related market dynamics.
This clarification was issued in response to a specific query from the National Stock Exchange dated December 29, 2025, concerning the unusual volume observed in the company's scrip.
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