Prism Johnson’s shares hit a rough patch on Tuesday, tanking over 6% in morning trades after stock exchanges demanded clarity on unusual price and volume movements. The stock opened slightly lower at ₹159.95 before slipping to ₹151.80—a steep drop from Monday’s close of ₹162.20. While the market has been in a corrective mood lately, Prism Johnson’s woes run deeper. The stock has been on a slippery slope, losing significant ground from its 52-week high of ₹246.10. Yet, just days ago, it staged a mini-comeback, gaining over 7% between January 10 and January 13, with volumes noticeably picking up. That spike, however, has now caught the attention of regulators. In response to the exchange’s query about the unusual trading activity, Prism Johnson denied any inside scoop behind the surge. The company clarified that no new announcements or pending updates could have influenced the stock’s price or volume. They reiterated their commitment to transparency, promising to keep exchanges and stakeholders informed of any price-sensitive developments before making them public. For now, it’s a waiting game for investors. Prism Johnson’s quick rebound last week had raised hopes, but today’s slide—and the regulatory scrutiny—casts a shadow of uncertainty.