Cyber Media (India) stock surges 5% after clarification on price movement

6 Jan 2022 , 11:44 AM

Cyber Media (India) has informed to the exchanges regarding clarification on price movement.

The company informed that there is no such price sensitive information in the company which has not been disclosed to the stock exchanges and this fluctuation is purely market driven.

Further, the management is not aware about the reasons for the price movement of the Company’s security in the recent past.

The Exchange has sought clarification from Cyber Media India Ltd on January 5, 2022 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.

At around 11:42 AM, Cyber Media (India) was trading at Rs15.85 apiece up by Rs0.75 or 4.97% on Sensex.