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Sterlite Technologies Denies Any Undisclosed Information Behind Surge in Trading Volumes

Story Highlights
  • Sterlite Technologies affirms full compliance with disclosure norms for all price-sensitive and operational information.
  • The company says it is unaware of any undisclosed price-sensitive information driving the recent surge in share trading volumes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sterlite Technologies Denies Any Undisclosed Information Behind Surge in Trading Volumes

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Sterlite Technologies Limited ( (IN:STLTECH) ) has shared an announcement.

Sterlite Technologies Limited has responded to a query from the National Stock Exchange of India regarding a significant increase in trading volumes of its shares across exchanges. The company stated that it has been complying with regulatory requirements by disclosing all events and information that could affect its operations or performance in a timely manner, and confirmed that it is not aware of any unpublished price-sensitive information that could explain the recent surge in trading activity.

More about Sterlite Technologies Limited

Sterlite Technologies Limited is an Indian technology company operating in the communications infrastructure sector, focused on designing and supplying optical fibre, network solutions, and related technologies for telecom operators and digital network providers in domestic and global markets.

Average Trading Volume: 101,091

Technical Sentiment Signal: Sell

Current Market Cap: 48.66B INR

For a thorough assessment of STLTECH stock, go to TipRanks’ Stock Analysis page.

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