Anyone has any idea interms of – At the time of listing of a stock from SME board to Mainboard, is there any circuit limitations?
Also, as it lists on Mainboard and stock price already ~80-100% up in last couple of weeks, will it be eligible for the ASM categorization or not?
Would help if someone can share more info on ASM viz. From where we can get an idea of –
a) Stocks about to go in ASM
b) Stocks about to come out of ASM
c) Stocks about to have Circuit filter revisions
I have seen the lists (excel files) circulating where the stocks coming out/going in of ASM are circulated but source is something I am not aware of for both NSE and BSE.
While there are the guidelines of SEBI around this, it appears quite complex to me to understand and identify the action accordingly. However, I have seen a drastic movement whenever the stocks goes in or out of the ASM list as it has big impact on the trading qty. and margin play during such days.
Discl. – Invested in this script from lower levels.
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