NSE seeks clarification from KEI Industries on IT raid reports
after close1 source ↓written by the desknot a recommendation
- amid reports
- 3%
- during the trading
- 2.6%-3%
Shares of KEI Industries fell over 3% amid reports of Income Tax raids. The NSE has requested clarification from the company regarding these allegations, with a response pending. Investors reacted cautiously, leading to a decline of approximately 2.6%-3% during the trading session. 📉
The lack of official confirmation from KEI Industries has heightened selling pressure following a strong performance over the past year.
Not investment advice. For informational purposes only.