Magnum Ventures stock trades 5% up, clarifies on price movement

12 Jan 2022 , 03:02 PM

Magnum Ventures Ltd is currently trading at Rs14.12 up by Rs0.67 or 4.98% from its previous closing of Rs13.45 on the BSE. The scrip opened at Rs14.12 and has touched a high and low of Rs14.12 and Rs12.85 respectively.

The company clarified exchanges on the irregular movement of stock prices in the recent past. It stated that the Company has been regularly intimating to the Stock Exchanges all the events, information, etc. that have a bearing on the operation/performance of the Company which includes all price sensitive information, etc. in terms of Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

The company confirmed that except as disclosed to the Stock Exchanges, there is no information/ announcement which, in its opinion, has a bearing on the price/volume behavior in the scrip of the Company.