Clarification27 Apr 2026, 07:26 pm
Hercules clarifies price movement is market-driven
AI Summary
Hercules Investments Ltd responded to an email from BSE dated April 24, 2026, regarding unusual price and volume movement in its shares. The company clarified that it has disclosed all price-sensitive information as required by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Hercules stated that it has not withheld any information that could impact the scrip's price/volume behavior. The company attributed the increase in its share price and volume solely to market conditions, asserting that the management is not connected to these movements.
Key Highlights
- Company responded to BSE query on price/volume movement.
- Hercules states all price-sensitive information has been disclosed.
- Increase in scrip price/volume is purely market-driven.
- Management denies any connection to the market activity.
Price Impact
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