BSE restricts daily price movement of six cos to up to 20%
Quotes

BSE restricts daily price movement of six cos to up to 20%

Last Updated: Monday, December 3, 2012, 21:01
 
 Comment 0
 
BSE restricts daily price movement of six cos to up to 20%
Mumbai: Leading bourse BSE Monday said it has restricted the price movement for six companies including Oil India and Engineers India to a maximum of 20 percent a day as part of its surveillance measures.

The shares of these companies are now allowed an upward or downward movement of a maximum of 20 percent in a day, BSE said in a circular.

The changes would be effective from tomorrow, it added.

Besides, other scrips that would attract a circuit filter of 20 percent are Shipping Corporation Of India Bharat Electronics, Container Corporation of India, National Aluminium Company.

The exchanges set the circuit filter of a stock as part of their surveillance mechanism in order avoid to excessive volatility in the particular share price.

PTI


First Published: Monday, December 3, 2012, 21:01


Comments


comments powered by Disqus
Audi TT Coupé
Audi TT Coupé
Shanghai Auto Show 2015
Shanghai Auto Show 2015
PM Narendra Modi in France
PM Narendra Modi in France
PM Modi`s Make in India push in Germany
PM Modi`s Make in India push in Germany
Renault Lodgy MPV
Renault Lodgy MPV

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved