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BSE tweaks circuit limit for Adhikari Brothers, 14 others

The price of three companies -- Sri Adhikari Brothers Television Network, Asia Capital and Akashdeep Metal Industries cannot change by more than 20 per cent in a day, BSE said in a circular.

twitter-logoPTI | April 7, 2016 | Updated 11:29 IST
BSE tweaks circuit limit for Adhikari Brothers, 14 others
Photo: Reuters

Leading stock exchange BSE on Wednesday revised circuit limits for share movement of Sri Adhikari Brothers Television Network and 14 other companies as part of its surveillance action.

The new limits, which ensure that stock prices do not go up or down beyond a level during a trading session, will be effective from tomorrow.

The price of three companies -- Sri Adhikari Brothers Television Network, Asia Capital and Akashdeep Metal Industries cannot change by more than 20 per cent in a day, BSE said in a circular.

It has also set an upper limit of 10 per cent for seven firms - Vipul Dye Chem, Bhageria Industries, WEP Solutions, Uttam Sugar Mills, Lawreshwar Polymers, Eastern Gases and Kesar Enterprises.

The limit for Transglobe Foods, Mawana Sugars, Axtel Industries, Vaswani Industries and Vidli Restaurants have been set at 5 per cent.

"Trading Members of the Exchange are hereby informed that the circuit filters has/have been changed from their existing levels in the... scrips (15) with effect from April 7, 2016," BSE said.

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