Changes in Price Bands effective from August 07, 2023

Tanushree Jaiswal 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

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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