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HomeNewsBusinessMarketsBSE tweaks circuit limit for Jindal Stainless, 17 others

BSE tweaks circuit limit for Jindal Stainless, 17 others

A limit of 5 percent has also been set for 10 companies - Delta Leasing & Finance, Filatex Fashions, Chambal Breweries & Distilleries, Premier Polyfilm, SPEL Semiconductor, Soma Textiles & Industries, Spentex Industries, Spenta International, Paramount Communications and JCT Electronics.

February 11, 2016 / 09:47 IST
     
     
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    Leading bourse BSE revised the circuit limit for the share movement of as many as 18 companies, including Jindal Stainless (Hisar) and Palred Technologies.

    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 today.

    According to a BSE circular, the share price of Jindal Stainless can not change by more than 20 percent in a day.

    The stock exchange has set a limit of 10 percent for five firms - Restile Ceramics, Associated Alcohols & Breweries, GRM Overseas, Palred Technologies and Accel Frontline.

    A limit of 5 percent has also been set for 10 companies - Delta Leasing & Finance, Filatex Fashions, Chambal Breweries & Distilleries, Premier Polyfilm, SPEL Semiconductor, Soma Textiles & Industries, Spentex Industries, Spenta International, Paramount Communications and JCT Electronics.

    However, limits for Meenakshi Enterprises and Vitan Agro Industries has been set at 2 percent.

    "Trading Members of the Exchange are... informed that the circuit filters has/have been changed from their existing levels in (18) scrips with effect from February 11, 2016," BSE said.

    first published: Feb 11, 2016 09:10 am

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