Pearl Global Industries (NSE:PGIL, BOM:532808) said it is not aware of any undisclosed price-sensitive information that could explain the recent surge in trading volume of its shares, according to a stock exchange filing on Thursday.
The company said all material information has already been disclosed, adding that the movement in trading volumes appears to be driven by broader market conditions beyond its control.
Shares of the company fell nearly 2% in recent trade.