Select stocks excluded from ASM list surge; Kiri Ind, Bombay Dyeing up 10%

Jindal Worldwide, Emami Infra, Dhampur Sugar, Bombay Dyeing & Manufacturing, TVS Electronics and Manpasand Beverages have locked in their respective upper limit of circuit filter.

Shares of select companies that were removed from an additional surveillance measures (ASM) list have rallied by up to 10% on the BSE on Tuesday.

Total 81 companies including Kiri Industries, Adani Green Energy, Apex Frozen Foods, Bombay Dyeing & Manufacturing Company, Den Networks, Global Spirits, GM Breweries and Morepen Laboratories have been excluded from the ASM with effect from today.

The securities have satisfied the criteria for exclusion under ASM and shall be moved out of ASM framework w.e.f. October 30, 2018, the National Stock Exchange (NSE) said in circular dated October 27, 2018.

Jindal Worldwide,