To check excessive volatility, stock exchange BSE today revised the circuit limit for share movement of Vidli Restaurants and 13 others.
The new limits, effective tomorrow, will ensure stock prices do not go up or down beyond a level during a session.
In a circular, the exchange said it has set a circuit limit of 10 per cent for Vidli Restaurants, Junction Fabrics and Apparels and Tanfac Industries.
Circuit filter mechanism is used by stock exchanges to keep excessive volatility for a scrip in check. It is the maximum fluctuation that is allowed in a stock, after which trading in it gets suspended if the permissible limit is hit in either direction.
A limit of 5 per cent has been set for Indokem Ltd, Bharat Bhushan Share & Commodity Brokers, Transglobe Foods, Perfect-Octave Media Projects, Kabra Drugs and AksharChem India
The exchange has also fixed a limit of 5 per cent for Sanjivani Paranteral, Transcorp International, Surya Marketing, Fraser and Company and KSS.
The circuit filters have been changed from their existing levels in the 14 scrips with effect from November 9.
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