Leading stock exchange BSE today revised the circuit limit for share movement of ABG Shipyard and 19 others as part of its surveillance action.
The new limits, which ensure that stock prices do not go up or down beyond a level during a trading session, will be effective from tomorrow.
The share price of STL Global, Nagarjuna Oil Refinery and Sowbhagya Media cannot change by more than 10 per cent in a day, BSE said in a circular.
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It has also set an upper limit of 5 per cent for ABG Shipyard, K.M.Sugar Mills, PVV Infra, Siddarth Businesses, Ramchandra Leasing & Finance, Potential Investments & Finance, and Mahabir Metallex.
A limit of 5 per cent has also been set for Noble Polymers, Sang Froid Labs (India), Polson Ltd, N.R.Agarwal Industries, Mawana Sugars, Faze Three Ltd, Atharv Enterprises, Surana Corporation, PFL Infotech and Sawaca Business Machines.
"Trading Members of the Exchange are hereby informed that the circuit filters has/have been changed from their existing levels...In the scrips (20) with effect from June 8, 2016," BSE said.
