NSESpurt in Volume2 Jul 2026 · 2 Jul 2026, 11:07 am
Spurt in Volume
Munjal Auto Industries Limited · MUNJALAU
✦ AI SummaryRegulatory
Munjal Auto Industries Limited has responded to a query from the National Stock Exchange regarding a significant increase in volume, stating that the company has always disclosed material information and is unaware of the reason for the price movement, which is market-driven.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
Significant increase in volume has been observed in Munjal Auto Industries Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Munjal Auto Industries Limited has submitted their response.
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MUNJALAU_02072026110455_signed_reply_NSE.pdf
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MAIL/SECY/2026-27-2 July 2, 2026
Asst. Vice President,
National Stock Exchange of India Ltd.,
Exchange Plaza, Plot C/1, G Block
Bandra-Kurla Complex, Bandra (E),
Mumbai - 400 051
Scrip Code: MUNJALAU
Ref: E-mail dated July 1, 2026 from dl-surv-all@nse.co.in
Subject: Clarification on Price Movement
Dear Sir,
With reference to your Letter Ref. No. NSE/CM/Surveillance/17197 dated July 1,
2026, regarding clarification on price movement, we hereby submit that the
Company has always been disclosing to the stock exchange, all the material
information, which has a bearing on the operations/performance of the Company
including all necessary disclosures in accordance with Regulation 30 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing
Regulations”) within the stipulated time.
We hereby further submit that we are not aware of the reason of significant movement in
the price of our shares. The movement in the share price is purely market driven and may
be combination of various factors including market conditions. The management of the
Company is in no way connected with the movement in the price of the shares.
We would like to reiterate that the Company has always and will continue to adhere to the
compliances required under the Listing Regulations and other applicable laws.
The above clarification may please be taken on record.
Thanking you,
Yours faithfully,
For Munjal Auto Industries Limited
Gauri Y Bapat
Company Secretary