BSE tweaks circuit limit for 10 companies

Leading stock exchange BSE today revised the circuit limits for share movement of as many as 10 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 Grovy India and Brilliant Portfolios cannot change by more than 20 per cent and 10 per cent respectively in a day, BSE said in a circular.
It has also set a limit of five per cent for six firms -- Pearl Polymers, Jenson & Nicholson (India), Parenteral Drugs India, Ankit Metal & Power, Surana Solar and Camson Bio Technologies.

However, the limits for Achal Investments and Panafic Industrials have been set at two per cent.
"Trading Members of the exchange are... Informed that the circuit filters has/have been changed from their existing levels in the(10) scrips with effect from January 15, 2016," BSE said.