Changes in Price Bands effective from August 07, 2023
Last Updated: 7th August 2023 - 05:39 pm
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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Tanushree Jaiswal
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