Enhanced Surveillance Measure applicable for companies having a market cap less than 500 crs.
ESM-1- Stock moves into this category if the price movement is more than
30% in 1 month
100% in 6 months
150% in 12 months
ESM-2- When ESM-1 stock moves more than
15% in 5 days
30% in a month
ESM-2 stocks will trade only on Monday in periodic call auction with a 2% circuit.
ESM-2 stock will spend 1 month there and will come out of ESM-2 and move to ESM-1 if close-to-close price variation is less than <= 8%.
By: via Telegram.me/AlliesFin #StockMarket #india
