Select stocks under ASM framework recover after falling for two days

Rain Ind, Alok Ind, Graphite India, Man Ind, HEG, Mirc Electronics, Prakash Ind, HIL, Waterbase and GVK Power have rallied an over 7% from their respective intra-day lows on the BSE on Wednesday.

Shares of select companies which are under additional surveillance measures (ASM) recover from their respective intra-day lows after declining in past two straight trading sessions on the BSE.

The BSE on Monday decided to bring 109 companies, including HEG, Graphite India, Reliance Naval and Engineering, Amtek Auto, GVK Power & Infrastructure under enhanced surveillance measures.

Rain Industries, Alok Industries, Graphite India, Man Industries (India), HEG, Mirc Electronics, Prakash Industries, HIL, Waterbase and GVK Power & Infrastructure have rallied an over 7% from their respective intra-day lows on the BSE on Wednesday.

“...100 percent margins shall be applicable with effect from June 6, 2018 on all open positions as on June 5, 2018 and new positions created from June 6, 2018 onwards,” the BSE said in a circular dated June 4, 2018. The move is aimed at checking any abnormal rise in stock prices that is not commensurate with the financial health of companies.

The shortlisting of securities under ASM Framework is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company/entity, the exchange said.

Security Name	Open	High	Low	LTP	% chg*
Rain Industries	191.3	211.4	191.3	211.4	10.5
Alok Industries	2.0	2.2	2.0	2.2	9.3
Graphite India	722.6	798.6	722.6	789.8	9.3
Man Industries (India)	108.3	116.7	107.1	116.7	9.0
HEG	2877.3	3180.0	2877.3	3118.0	8.4
Mirc Electronics	31.8	35.0	31.8	34.3	8.0
Prakash Industries	150.2	164.8	150.1	161.9	7.9
HIL	1848.2	2022.9	1848.2	1987.2	7.5
Waterbase	164.3	177.0	164.3	176.0	7.1
GVK Power & Infrastructure	10.7	11.4	10.6	11.3	7.1
Tinplate Company of India	163.4	178.0	163.4	174.5	6.8
Reliance Naval and Engineering	13.8	14.5	13.4	14.2	6.4
Bombay Rayon Fashions	19.5	19.7	18.5	19.7	6.2
Forbes & Company	2701.1	2840.0	2665.2	2810.6	5.5
Jaypee Infratech	5.3	5.3	4.8	5.0	4.8
Radico Khaitan	375.7	402.0	375.7	392.8	4.6
Electrosteel Steels	1.2	1.2	1.1	1.2	4.4
Himadri Speciality Chemical	109.5	115.4	109.5	114.0	4.1
Dilip Buildcon	777.6	821.0	777.6	809.0	4.0
Bhansali Engineering Polymers	119.2	130.0	119.2	123.2	3.4
Apex Frozen Foods	451.9	480.0	451.9	467.0	3.4
Excel Industries	1194.2	1249.0	1194.2	1233.0	3.2
Bombay Dyeing & Manufacturing Company	209.0	220.5	209.0	215.8	3.2
Venkys (India)	2457.2	2607.0	2457.2	2531.0	3.0
Sanwaria Consumer	12.7	13.9	12.7	13.0	2.8
India Glycols	412.1	434.0	412.1	422.1	2.4
Indiabulls Ventures	398.4	413.5	398.4	407.6	2.3
Butterfly Gandhimathi Appliances	342.0	353.0	340.2	348.0	2.3
GTL Infrastructure	1.6	1.6	1.6	1.6	1.9
Diamond Power Infrastructure	3.2	3.3	3.2	3.2	1.6
Sunil Hitech Engineers	4.2	4.4	4.2	4.2	1.2
Fineotex Chemical	53.2	55.5	53.2	53.8	1.1
KSK Energy Ventures	2.7	2.7	2.7	2.7	0.0
Stampede Capital	4.7	4.7	4.5	4.5	0.0
JBF Industries	76.6	76.6	76.6	76.6	0.0
List of companies from the BSE500 & BSESmallcap index
LTP : Last traded price on the BSE at 10:14 am
*% change over low price