You are here: Home » PTI Stories » National » News
Business Standard

BSE revises circuit limit of CL Educate, 18 others

Press Trust of India  |  New Delhi 

Leading bourse today revised the circuit limit for of 19 companies, including CL Educate, in order to curb excessive volatility.

The new limits, effective tomorrow, will ensure stock prices do not fluctuate beyond a prescribed level during a session.

According to a circular, a circuit limit of 20 per cent has been set for CL Educate.

CL Educate, which operates across segments in the education industry including test preparation and vocational training, had debuted on as well as on March 31.

The exchange has set a circuit limit of 10 per cent for & Infrastructure, Onesource Techmedia, BLS International Services, Aditya Consumer Marketing and Indiabulls Wholesale Services.

Besides, a limit of 5 per cent has been set for Stellar Capital Services, Navketan Merchants, Enterprises, Ind-Swift, Supertex Industries, Techindia Nirman, NPR Finance, Neelkanth Technologies, & Chemicals, Raminfo, Vikas Granaries, Nagreeka Capital & Infrastructure and Shekhawati Poly Yarn, as per the circular.

Circuit filter mechanism is used by BSE to keep in check excessive volatility in a scrip. It is the maximum fluctuation that is allowed in a stock in a day.

The circuit filters have been changed from their existing levels in the 19 scrips with effect from April 18.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 17 2017. 20:43 IST