StockWatch
·
Iron & Steel Products
Clarification21 Apr 2026, 10:47 am

BWR clarifies price/volume movement due to market forces

AI Summary

Bharat Wire Ropes Ltd (BWR) has issued a clarification regarding recent price and volume movements in its shares, following an inquiry from NSE and BSE dated April 20, 2026. The company affirmed its compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. BWR stated that neither the company nor its promoter(s) possess any price-sensitive information or material events that could influence the scrip's price or volume behavior. The company clarified that any observed price/volume fluctuations are solely attributable to market forces and not due to any undisclosed material information.

Key Highlights

  • BWR responded to exchange queries on price/volume increase.
  • Company confirms no undisclosed price-sensitive information.
  • Promoters also have no material events to disclose.
  • Price/volume movements are attributed to market forces.