Circuit limits tweaked for ABG Shipyard and 19 other stocks
DSIJ Intelligence / 08 Jun 2016
As a part of its surveillance activity, the leading stock exchange Bombay Stock Exchange has on Wednesday revised the circuit limit for ABG Shipyard along with other 19 stocks.
As a part of its surveillance activity, the leading stock exchange Bombay Stock Exchange has on Wednesday revised the circuit limit for ABG Shipyard along with other 19 stocks.
The circuit limit for ABG Shipyard will be set at 5 per cent. Similarly K.M.Sugar Mills, PVV Infra,Siddarth Businesses, Ramchandra Leasing & Finance, Potential Investments & Finance, Mahabir Metallex, Noble Polymers, Sang Froid Labs (India), Polson Ltd., N.R. Agarwal Industries, Mawana Sugars, Faze Three Ltd., Atharva Entreprises, Surana Corporation, PFL Infotech and Sawaca Business Machines are the other stocks with newly set circuit limit at 5 per cent.
For stocks like Nagarjuna Oil Refinery;Sowbhagya Media; and STL Global the circuit limit is set at 10 per cent as per the BSE circular.
Circuit limits are placed to arrest extreme volatility in stocks. For the scrips traded in the derivatives segment i.e. F&O segment there is no circuit limit.
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