Leading stock exchange BSE today revised the circuit limits for share movement of Indiabulls Wholesale Services and 26 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 15 companies including Indiabulls Wholesale Services, Pradip Overseas, Shubhra Leasing Finance and Investment Company, Jai Balaji Industries, DQ Entertainment (International), Todays Writing Instruments and Yuvraaj Hygiene Products can not change by more than 10 per cent in a day, BSE said in a circular.
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It has also set an upper limit of five per cent for 11 firms - Mawana Sugars, Madhur Industries, ICSA (India), Digjam, Tokyo Plast International, Bodhtree Consulting, Krishna Capital and Securities, Genera Agri Corp, Magnum Ventures, Pankaj Piyush Trade & Investment, FCS Software Solutions.
While, the limits for Shree Bhavya Fabrics have been set at two per cent.
"Trading members of the exchange are hereby informed that the circuit filters has/have been changed from their existing levels in the below mentioned scrips with effect from January 7, 2016," BSE said.
