New Delhi : Major Stock Exchange BSE And nse will put up securities of Adani Enterprises Under the short-term ASM framework from Thursday.
The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, near-to-near price variation and price-earnings ratio.
Adani Enterprises Limited has been shortlisted in the Short-Term Additional Monitoring Measures (ASM) Framework Stage-I with effect from May 25. National Stock Exchange (NSE) and BSE said in two separate circulars on Wednesday.
Under the short-term ASM, the exchanges said, “The applicable rate of margin will be 50 per cent or the existing margin, whichever is higher, subject to a maximum rate of margin of 100 per cent, for all open positions from May 26, 2023 till May 25, 2023.” posts and new posts created from 26th May, 2023.”
In March, NSE and BSE removed Adani Enterprises from the short-term ASM framework.
Adani Enterprises shares fell 5.90 per cent on BSE on Wednesday. In the past three days, the stock had jumped 39.41 per cent after a Supreme Court-appointed panel found no evidence of stock price manipulation in the group companies.
The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, near-to-near price variation and price-earnings ratio.
Adani Enterprises Limited has been shortlisted in the Short-Term Additional Monitoring Measures (ASM) Framework Stage-I with effect from May 25. National Stock Exchange (NSE) and BSE said in two separate circulars on Wednesday.
Under the short-term ASM, the exchanges said, “The applicable rate of margin will be 50 per cent or the existing margin, whichever is higher, subject to a maximum rate of margin of 100 per cent, for all open positions from May 26, 2023 till May 25, 2023.” posts and new posts created from 26th May, 2023.”
In March, NSE and BSE removed Adani Enterprises from the short-term ASM framework.
Adani Enterprises shares fell 5.90 per cent on BSE on Wednesday. In the past three days, the stock had jumped 39.41 per cent after a Supreme Court-appointed panel found no evidence of stock price manipulation in the group companies.