By CNBC-TV18 Aug 23, 2018 6:45:40 AM IST (Updated)
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Securities and Exchange Board of India (Sebi) along with the stock exchanges decided to implement Additional Surveillance Measures (ASM) in early June.
In order to curb extreme volatility in the markets and curtail market risk for gullible investors, Securities and Exchange Board of India (Sebi) along with the stock exchanges decided to implement Additional Surveillance Measures (ASM) in early June. The measures involve putting stocks that display big high-low variation in trading, high client concentration, multiple price-band hits, high closing price to closing price variation and extraordinarily high PE ratios in a curtailed trading mechanism that will allow trades only with 100% margin and with a 5% price-band.
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“In continuation with various surveillance measures already implemented, the Securities and Exchange Board of India (SEBI) and exchanges, pursuant to discussions in various joint surveillance meetings, have decided that along with the aforesaid measures there shall be Additional Surveillance Measures (ASM) on securities with surveillance concerns based on objective parameters: price variation, volatility etc,” the NSE circular stated.
The shortlisted securities shall be further monitored on pre-determined objectives and would be moved into trade-to-trade segment once the criteria get satisfied.
Check out the complete list of companies under ASM as of 20 Aug 2018:
8K Miles Software Services Ltd
ACI Infocom Ltd
Action Construction Equipment Ltd
Adani Green Energy Ltd
Alok Industries Ltd
Amtek Auto Ltd
Andhra Petrochemicals Ltd
Apex Frozen Foods Ltd
Arcotech Ltd
Arrow Greentech Ltd
Ashari Agencies Ltd
Atlas Jewellery India Ltd
Bharat Rasayan Ltd
Bhushan Steel Ltd
Bil Energy Systems Ltd
Bombay Dyeing & Manufacturing Company Ltd
Bombay Rayon Fashions Ltd
Bullish Bonds & Holdings Ltd
Butterfly Gandhimathi Appliances Ltd
Castex Technologies Ltd
Chokhani Securities Ltd
Cigniti Technologies
Commex Technology Ltd
Diamond Power Infrastructure Ltd
Dil Ltd
Dolat Investments Ltd
Electrosteel Steels Ltd
Emami Infrastructure Ltd
EMCO LTD.
Excel Industries Ltd
Excel Realty N Infra Ltd
Fedders Electric and Engineering Ltd
Fineotex Chemical Ltd
Forbes & Company Ltd
Fredun Pharmaceuticals Ltd
Gala Global Products Ltd
Generic Engineering Construction and Projects Ltd
GM Breweries Ltd
Goenka Business & Finance Ltd
Graphite India Ltd
GTL Infrastructure Ltd
Gujarat Ambuja Exports Ltd
GVK Power & Infrastructure Ltd
Hindustan Foods Ltd
India Glycols Ltd
Indiabulls Integrated Services Ltd
Indiabulls Ventures Ltd
International Paper Ltd
IOL Chemicals & Pharmaceuticals Limited
IVRCL Ltd
J Taparia Projects Ltd
Jaypee Infratech Ltd
JBF Industries Ltd
Jindal Worldwide Ltd
JVL Agro Industries Ltd
KDDL Ltd
Kiri Industries Ltd
Kretto Syscon Ltd
KSK Energy Ventures Ltd
KSL & Industries Ltd
KSS Ltd
Lakshmi Precision Screws Ltd
Lasa Supergenerics Ltd
Lincoln Pharmaceuticals Limited
Manpasand Beverages Ltd
Merck Ltd
Metalyst Forgings Ltd
Millitoons Entertainment Ltd
Mirc Electronics Ltd
Mohit Industries Ltd
Monnet Ispat & Energy Ltd
Morepen Laboratories Ltd
MOSER BAER INDIA LTD.
MRO-TEK Realty Ltd
Nagreeka Capital & Infrastructure Ltd
National Steel and Agro Industries Ltd
Nelco Ltd
Niyogin Fintech Ltd
Oasis Tradelink Ltd
Olectra Greentech Ltd
Omkar Speciality Chemicals Ltd
Optiemus Infracom Ltd
Oscar Investments Ltd
Paushak Ltd
Petron Engineering Construction Ltd
Quadrant Televentures Ltd
Radico Khaitan Ltd
Rain Industries Ltd
Rama Vision Ltd
Ramgopal Polytex Ltd
Ramky Infrastructure Ltd
Reliance Naval and Engineering Ltd
Responsive Industries Ltd.
RMG Alloy Steel Ltd
RSD Finance Ltd
S R K Industries Ltd
Sadhana Nitro Chem Ltd
Safari Industries India Ltd
Sai Baba Investment And Commercial Enterprises Ltd
Seamec Ltd
Shilpi Cable Technologies Ltd
SORIL Infra Resources Ltd
Sri Adhikari Brothers Television Network Ltd
Sri Krishna Constructions (India) Ltd
SRS Finance Ltd
SRS Ltd
SRS Real Infrastructure Ltd
Stampede Capital Ltd
Stampede Capital Ltd - DVR
Sterling Biotech Ltd
Sulabh Engineers & Services Ltd
Sunil Hitech Engineers Ltd
Sunstar Realty Development Ltd
Super Spinning Mills Ltd
Supreme Holdings & Hospitality (India) Ltd
Supreme Infrastructure India Ltd
Swadeshi Industries & Leasing Ltd
Swaraj Automotives Ltd
Tamil Nadu Newsprint & Papers Ltd
Tiaan Ayurvedic & Herbs Ltd
Transwarranty Finance Ltd
TV Vision Ltd
TVS Electronics Ltd
Uniply Decor Ltd
Unity Infraprojects Ltd
Usher Agro Ltd
Uttam Value Steels Ltd
Veer Energy & Infrastructure Ltd
Viceroy Hotels Ltd
VIP Industries Ltd
Visesh Infotecnics Ltd
VKJ Infradevelopers Ltd
V-Mart Retail Ltd
WPIL LTD.
Yuken India Ltd
ZEN Technologies Ltd
Zenith Exports Ltd
First Published: Aug 22, 2018 1:15 PM IST
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