Changes in Price Bands effective from August 07, 2023

Tanushree Jaiswal Tanushree Jaiswal

Last Updated: 7th August 2023 - 05:39 pm

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The NSE has announced a slew of changes to price bands for listed stocks. These changes to price bands will be effective from August 07, 2023. Price bands are set at different levels of 2%, 5%, 10%, 20% etc to contain the volatility in the stock price in a single day. Here are some of the highlights of price bands as they stand today.

  • Out of 2,313 stocks listed on the NSE, a total of 187 stocks that are available for F&O trading are not subject to any price bands, except for the bands at an index level.
     
  • A total of 1,543 stocks on the NSE are subject to price bands at the rate of 20% while a total of 87 stocks are subjected to price bands at the rate of 10% either ways.
     
  • In addition, a total of 420 stocks are subjected to price bands at the rate of 5% either ways while 75 stocks in the list are subjected to price band of just 2%.

Normally, higher the volatility risk in the stock, the lower is the price band range permitted. Let us now turn the major price band changes effected on August 07, 2023.

Changes in price bands effective August 07, 2023

A total of 109 stocks have seen price band changes effective August 07, 2023 and such price band changes can either be on the upside or on the downside.

A total of 1 company has seen its price band being reduced from 40% to 20% as shown in the table below.

Symbol

Series

Security Name

From

To

ISIN

SRPL-RE

BE

SHREE RAM PRO LTD-RE

40

20

INE008Z20012

 

A total of 3 companies saw their price bands being reduced from 20% to 10% as shown in the table below.

 

Symbol

Series

Security Name

From

To

ISIN

DIGISPICE

EQ

DiGiSPICE Technologies Limited

20

10

INE927C01020

DYCL

EQ

Dynamic Cables Limited

20

10

INE600Y01019

VERTEXPLUS

SM

Vertexplus Technologies Limited

20

10

INE0NLB01018

 

A total of 1 company saw its price band being reduced from 20% to 5% as shown in the table below.

 

Symbol

Series

Security Name

From

To

ISIN

AIROLAM

BE

AIRO LAM LIMITED

20

5

INE801L01010

 

A total of 38 companies saw their price bands being increased from 10% to 20% as shown in the table below.

 

Symbol

Series

Security Name

From

To

ISIN

ADANIGREEN

EQ

ADANI GREEN ENERGY LIMITED

10

20

INE364U01010

ADANITRANS

EQ

ADANI TRANSMISSION LIMITED

10

20

INE931S01010

ANTGRAPHIC

EQ

ANTARCTICA LIMITED

10

20

INE414B01021

ARHAM

SM

ARHAM TECHNOLOGIES LIMITED

10

20

INE0L2Y01011

ARIHANTACA

SM

ARIHANT ACADEMY LIMITED

10

20

INE0NCC01015

AVG

EQ

AVG LOGISTICS LIMITED

10

20

INE680Z01018

AVROIND

EQ

AVRO INDIA LIMITED

10

20

INE652Z01017

BBOX

EQ

BLACK BOX LIMITED

10

20

INE676A01027

CLEAN

EQ

CLEAN SCIENCE AND TECHNOLOGY LIMITED

10

20

INE227W01023

CCHHL

EQ

COUNTRY CLUB HOSPITALITY & HOLIDAYS LIMITED

10

20

INE652F01027

CREATIVEYE

EQ

CREATIVE EYE LIMITED

10

20

INE230B01021

DRCSYSTEMS

EQ

DRC SYSTEMS INDIA LIMITED

10

20

INE03RS01027

EROSMEDIA

EQ

EROS INTERNATIONAL MEDIA LIMITED

10

20

INE416L01017

FLEXITUFF

EQ

FLEXITUFF VENTURES INTERNATIONAL LIMITED

10

20

INE060J01017

GRMOVER

EQ

GRM OVERSEAS LIMITED

10

20

INE192H01020

HPIL

EQ

HINDPRAKASH INDUSTRIES LIMITED

10

20

INE05X901010

LYPSAGEMS

EQ

LYPSA GEMS & JEWELLERY LIMITED

10

20

INE142K01011

MANORG

EQ

MANGALAM ORGANICS LIMITED

10

20

INE370D01013

MARINE

EQ

MARINE ELECTRICALS (INDIA) LIMITED

10

20

INE01JE01028

MCLEODRUSS

EQ

MCLEOD RUSSEL INDIA LIMITED

10

20

INE942G01012

MEGASOFT

EQ

MEGASOFT LIMITED

10

20

INE933B01012

PANSARI

EQ

PANSARI DEVELOPERS LIMITED

10

20

INE697V01011

SAMBHAAV

EQ

SAMBHAAV MEDIA LIMITED

10

20

INE699B01027

STEELXIND

EQ

STEEL EXCHANGE INDIA LIMITED

10

20

INE503B01021

SUVIDHAA

EQ

SUVIDHAA INFOSERVE LIMITED

10

20

INE018401013

SWASTIK

SM

SWASTIK PIPE LIMITED

10

20

INE0DGC01025

TECHIN

EQ

TECHINDIA NIRMAN LIMITED

10

20

INE778A01021

TEGA

EQ

TEGA INDUSTRIES LIMITED

10

20

INE011K01018

HITECHGEAR

EQ

THE HI-TECH GEARS LIMITED

10

20

INE127B01011

MOTOGENFIN

EQ

THE MOTOR & GENERAL FINANCE LIMITED

10

20

INE861B01023

URJA

EQ

URJA GLOBAL LIMITED

10

20

INE550C01020

UMESLTD

EQ

USHA MARTIN EDUCATION & SOLUTIONS LIMITED

10

20

INE240C01028

MANYAVAR

EQ

VEDANT FASHIONS LIMITED

10

20

INE825V01034

VIVIDHA

EQ

VISAGAR POLYTEX LIMITED

10

20

INE370E01029

WEL

EQ

WONDER ELECTRICALS LIMITED

10

20

INE02WG01016

XCHANGING

EQ

XCHANGING SOLUTIONS LIMITED

10

20

INE692G01013

XELPMOC

EQ

XELPMOC DESIGN AND TECH LIMITED

10

20

INE01P501012

ZEEMEDIA

EQ

ZEE MEDIA CORPORATION LIMITED

10

20

INE966H01019

 

A total of 10 companies saw their price bands being reduced from 10% to 5% as shown in the table below.

 

Symbol

Series

Security Name

From

To

ISIN

3RDROCK

IT

3RD ROCK MULTIMEDIA LIMITED

10

5

INE768P01012

ASLIND

SM

ASL Industries Limited

10

5

INE617I01024

BURNPUR

EQ

Burnpur Cement Limited

10

5

INE817H01014

GICL

SM

GLOBE INTERNATIONAL CARRIERS LIMITED

10

5

INE947T01014

INFINIUM

SM

Infinium Pharmachem Limited

10

5

INE0MRE01011

MPTODAY

SM

MADHYA PRADESH TODAY MEDIA LIMITED

10

5

INE105Y01019

PANACHE

EQ

Panache Digilife Limited

10

5

INE895W01019

RBMINFRA

SM

RBM INFRACON LIMITED

10

5

INE0NA301016

SARVESHWAR

EQ

Sarveshwar Foods Limited

10

5

INE324X01018

VIVIANA

SM

VIVIANA POWER TECH LIMITED

10

5

INE0MEG01014

 

A total of 3 companies saw their price bands being increased from 5% to 20% as shown in the table below.

 

Symbol

Series

Security Name

From

To

ISIN

INNOVANA

SM

INNOVANA THINKLABS LIMITED

5

20

INE403Y01018

MAZDOCK

EQ

MAZAGON DOCK SHIPBUILDERS LIMITED

5

20

INE249Z01012

CLOUD

SM

VARANIUM CLOUD LIMITED

5

20

INE0JOO01021

 

A total of 44 companies saw their price bands being increased from 5% to 10% as shown in the table below. This was the biggest constituent of the price band changes.

 

Symbol

Series

Security Name

From

To

ISIN

ATGL

EQ

ADANI TOTAL GAS LIMITED

5

10

INE399L01023

APOLLO

EQ

APOLLO MICRO SYSTEMS LIMITED

5

10

INE713T01028

ASCOM

SM

ASCOM LEASING & INVESTMENTS LIMITED

5

10

INE08KD01015

AHLEAST

EQ

ASIAN HOTELS (EAST) LIMITED

5

10

INE926K01017

AURDIS

SM

AURANGABAD DISTILLERY LIMITED

5

10

INE448V01019

BMETRICS

SM

BOMBAY METRICS SUPPLY CHAIN LIMITED

5

10

INE0I3Y01014

CINEVISTA

EQ

CINEVISTA LIMITED

5

10

INE039B01026

COOLCAPS

SM

COOL CAPS INDUSTRIES LIMITED

5

10

INE0HS001010

CRAYONS

SM

CRAYONS ADVERTISING LIMITED

5

10

INE0OFK01019

DELPHIFX

EQ

DELPHI WORLD MONEY LIMITED

5

10

INE726L01019

DNAMEDIA

EQ

DILIGENT MEDIA CORPORATION LIMITED

5

10

INE016M01021

DRSDILIP

SM

DRS DILIP ROADLINES LIMITED

5

10

INE02CV01017

FELIX

SM

FELIX INDUSTRIES LIMITED

5

10

INE901X01013

FOCE

SM

FOCE INDIA LIMITED

5

10

INE0I7D01019

FMNL

EQ

FUTURE MARKET NETWORKS LIMITED

5

10

INE360L01017

GSTL

SM

GLOBESECURE TECHNOLOGIES LIMITED

5

10

INE00WS01056

GRETEX

SM

GRETEX INDUSTRIES LIMITED

5

10

INE985P01012

GLFL

EQ

GUJARAT LEASE FINANCING LIMITED

5

10

INE540A01017

GVKPIL

EQ

GVK POWER & INFRASTRUCTURE LIMITED

5

10

INE251H01024

HOMESFY

SM

HOMESFY REALTY LIMITED

5

10

INE0N7F01017

KDL

SM

KORE DIGITAL LIMITED

5

10

INE0O4R01018

LGHL

SM

LAXMI GOLDORNA HOUSE LIMITED

5

10

INE258Y01016

MKPL

EQ

M K PROTEINS LIMITED

5

10

INE964W01013

NAGAFERT

EQ

NAGARJUNA FERTILIZERS AND CHEMICALS LIMITED

5

10

INE454M01024

NDTV

EQ

NEW DELHI TELEVISION LIMITED

5

10

INE155G01029

NIRMAN

SM

NIRMAN AGRI GENETICS LIMITED

5

10

INE0OK701014

PARTYCRUS

SM

PARTY CRUISERS LIMITED

5

10

INE06ZX01015

PAVNAIND

EQ

PAVNA INDUSTRIES LIMITED

5

10

INE07S101020

PERFECT

SM

PERFECT INFRAENGINEERS LIMITED

5

10

INE925S01012

PROLIFE

SM

PROLIFE INDUSTRIES LIMITED

5

10

INE994V01012

PTCIL

EQ

PTC INDUSTRIES LIMITED

5

10

INE596F01018

QUICKTOUCH

SM

QUICKTOUCH TECHNOLOGIES LIMITED

5

10

INE0K4D01020

RHFL

EQ

RELIANCE HOME FINANCE LIMITED

5

10

INE217K01011

SHAHALLOYS

EQ

SHAH ALLOYS LIMITED

5

10

INE640C01011

SOLEX

SM

SOLEX ENERGY LIMITED

5

10

INE880Y01017

SPCENET

EQ

SPACENET ENTERPRISES INDIA LIMITED

5

10

INE970N01027

SRIVASAVI

SM

SRIVASAVI ADHESIVE TAPES LIMITED

5

10

INE0NPI01014

SWARAJ

SM

SWARAJ SUITING LIMITED

5

10

INE0GMR01016

SYSTANGO

SM

SYSTANGO TECHNOLOGIES LIMITED

5

10

INE0O7R01011

TREEHOUSE

EQ

TREE HOUSE EDUCATION & ACCESSORIES LIMITED

5

10

INE040M01013

UNIINFO

EQ

UNIINFO TELECOM SERVICES LIMITED

5

10

INE481Z01011

USASEEDS

SM

UPSURGE SEEDS OF AGRICULTURE LIMITED

5

10

INE0CBM01019

MADHAVBAUG

SM

VAIDYA SANE AYURVED LABORATORIES LIMITED

5

10

INE0JR301013

VIPULLTD

EQ

VIPUL LIMITED

5

10

INE946H01037

 

A total of 4 companies saw their price bands being reduced from 5% to 2% as shown in the table below.

 

Symbol

Series

Security Name

From

To

ISIN

BINANIIND

BE

BINANI INDUSTRIES LIMITED

5

2

INE071A01013

JYOTISTRUC

BE

JYOTI STRUCTURES LIMITED

5

2

INE197A01024

PIGL

BE

POWER & INSTRUMENTATION (GUJARAT) LIMITED

5

2

INE557Z01018

UNITEDPOLY

BE

UNITED POLYFAB GUJARAT LIMITED

5

2

INE368U01011

 

Finally, a total of 5 companies saw their price bands being increased from 2% to 4% as shown in the table below.

 

Symbol

Series

Security Name

From

To

ISIN

ABMINTLLTD

BE

ABM INTERNATIONAL LIMITED

2

5

INE251C01025

ASIANENE

BE

ASIAN ENERGY SERVICES LIMITED

2

5

INE276G01015

IEL

BE

INDIABULLS ENTERPRISES LIMITED

2

5

INE059901020

KEERTI

BE

KEERTI KNOWLEDGE AND SKILLS LIMITED

2

5

INE586X01012

SITINET

BE

SITI NETWORKS LIMITED

2

5

INE965H01011

What about the remaining companies?

Other than the 109 companies, the price bands for all the other companies remains as it is. The details of the existing price bands of various companies and the changes can be accessed through the NSE circular, for which the link is provided here.

https://archives.nseindia.com/content/circulars/SURV57866.zip

 

 

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