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Hindustan Oil Exploration Company Ltd reply to clarification sought by the exchange

| Updated on February 19, 2015 Published on February 19, 2015

The Exchange had sought clarification from Hindustan Oil Exploration Company Ltd with respect to news appearing in The Economic Times on February 19, 2015 titled "Is Sanghvi now eyeing HOEC?"

Hindustan Oil Exploration Company Ltd replied stating "We have diligently disclosed all material information promptly from time to time to the Stock Exchanges as per the information available with the Company. Further, we wish to clarify that the stock prices and volumes of the Company is governed through market forces and investors sentiments. As a policy, our Company does not comment on speculative news/rumors in the market and press."

Source : BSE - >www.bseindia.com

Published on February 19, 2015
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