Nitco Ltd Clarifies Volume Surge is Market Driven

Nitco Limited has responded to queries from NSE and BSE regarding a significant increase in its stock volume. The company stated that it has complied with all SEBI regulations by disclosing material and price-sensitive information. Nitco clarified that the surge in trading volume is purely a result of market conditions and is beyond the control of the company's management. They reiterated their commitment to informing the stock exchanges of any price or volume-sensitive information as required.