Consequences of NSE shifting 126 securities from rolling segment (series: EQ) to trade for trade segment (series: BE) with a price band of 5% with effect from June 30, 2014 (Monday) are detailed as follows
1) The shares are transfer from Rolling settlement to Trade to Trade on the grounds of surveillance measure to entail continued trust of investor in market against fraudulent fluctuation in price created in illiquid stocks by operators.
2) The transfer of securities may not be construed as the company is fraudulent.
3) The reason for transfer may be the scrip may be illiquid resulting in the operator taking advantage to corner shares by pulling shares down or pulling up to meet their ulterior motives.
4) Once shares are shifted to T2T only genuine buy and sell shall take place and delivery shall be 100% for a given day
5) Each trade will have to be settle by paying cash by buyer against shares to be delivered by seller on the same day and netting of position by end of day shall not be possible
6) If the fundamental of shares are good the price of share may move up as there will be genuine buys at every point of price
7) For fundamental bad shares the price shall move down as there will be no genuine buys even at lower point of price.
The List of 126 securities being shifted from EQ to BE with price band of 5% are
1) The shares are transfer from Rolling settlement to Trade to Trade on the grounds of surveillance measure to entail continued trust of investor in market against fraudulent fluctuation in price created in illiquid stocks by operators.
2) The transfer of securities may not be construed as the company is fraudulent.
3) The reason for transfer may be the scrip may be illiquid resulting in the operator taking advantage to corner shares by pulling shares down or pulling up to meet their ulterior motives.
4) Once shares are shifted to T2T only genuine buy and sell shall take place and delivery shall be 100% for a given day
5) Each trade will have to be settle by paying cash by buyer against shares to be delivered by seller on the same day and netting of position by end of day shall not be possible
6) If the fundamental of shares are good the price of share may move up as there will be genuine buys at every point of price
7) For fundamental bad shares the price shall move down as there will be no genuine buys even at lower point of price.
The List of 126 securities being shifted from EQ to BE with price band of 5% are
Sr. No. | Symbol | Name of the security | ISIN |
1 | 3IINFOTECH | 3i Infotech Limited | INE748C01020 |
2 | ADVANTA | Advanta Limited | INE517H01028 |
3 | AMTEKINDIA | Amtek India Limited | INE068D01021 |
4 | ANTGRAPHIC | Antarctica Limited | INE414B01021 |
5 | ATNINTER | ATN International Limited | INE803A01027 |
6 | AUSOMENT | Ausom Enterprise Limited* | INE218C01016 |
7 | BEML | BEML Limited | INE258A01016 |
8 | CELEBRITY | Celebrity Fashions Limited | INE185H01016 |
9 | CEREBRAINT | Cerebra Integrated Technologies Limited | INE345B01019 |
10 | CORDSCABLE | Cords Cable Industries Limited* | INE792I01017 |
11 | CYBERMEDIA | Cyber Media (India) Limited* | INE278G01037 |
12 | DALMIABHA | Dalmia Bharat Limited | INE439L01019 |
13 | DBREALTY | D B Realty Limited | INE879I01012 |
14 | DHARSUGAR | Dharani Sugars & Chemicals Limited | INE988C01014 |
15 | DLINKINDIA | D-Link (India) Limited* | INE250K01012 |
16 | DONEAR | Donear Industries Limited | INE668D01028 |
17 | DSSL | Dynacons Systems & Solutions Limited | INE417B01040 |
18 | DYNAMATECH | Dynamatic Technologies Limited | INE221B01012 |
19 | DYNATECH | Dynacons Technologies Limited | INE741L01018 |
20 | EDELWEISS | Edelweiss Financial Services Limited | INE532F01054 |
21 | EDUCOMP | Educomp Solutions Limited | INE216H01027 |
22 | ELNET | Elnet Technologies Limited | INE033C01019 |
23 | EMCO | Emco Limited | INE078A01026 |
24 | ESABINDIA | Esab India Limited | INE284A01012 |
25 | ESTER | Ester Industries Limited | INE778B01029 |
26 | EVERESTIND | Everest Industries Limited | INE295A01018 |
27 | GATI | GATI Limited | INE152B01027 |
28 | GEOJITBNPP | Geojit BNP Paribas Financial Services Limited | INE007B01023 |
29 | GLOBALVECT | Global Vectra Helicorp Limited | INE792H01019 |
30 | GOKUL | Gokul Refoils and Solvent Limited | INE020J01029 |
31 | GOLDTECH | Goldstone Technologies Limited | INE805A01014 |
32 | GREENFIRE | Green Fire Agri Commodities Limited | INE217G01027 |
33 | GTLINFRA | GTL Infrastructure Limited | INE221H01019 |
34 | HIL | HIL Limited | INE557A01011 |
35 | HINDDORROL | Hindustan Dorr-Oliver Limited | INE551A01022 |
36 | HINDSYNTEX | Hind Syntex Limited* | INE155B01012 |
37 | HONDAPOWER | Honda Siel Power Products Limited | INE634A01018 |
38 | HSIL | HSIL Limited | INE415A01038 |
39 | IBIPL | Indiabulls Infrastructure and Power Limited* | INE834M01019 |
40 | IFBAGRO | IFB Agro Industries Limited | INE076C01018 |
41 | IIFL | IIFL Holdings Limited | INE530B01024 |
42 | INNOIND | Innoventive Industries Limited | INE549I01011 |
43 | JAIHINDPRO | Jaihind Projects Limited | INE343D01010 |
44 | JAYBARMARU | Jay Bharat Maruti Limited | INE571B01028 |
45 | JBMA | JBM Auto Limited | INE927D01010 |
46 | JHS | JHS Svendgaard Laboratories Limited | INE544H01014 |
47 | JMTAUTOLTD | JMT Auto Limited | INE988E01010 |
48 | KEMROCK | Kemrock Industries and Exports Limited | INE990B01012 |
49 | KESORAMIND | Kesoram Industries Limited | INE087A01019 |
50 | KNRCON | KNR Constructions Limited | INE634I01011 |
51 | KPRMILL | K.P.R. Mill Limited | INE930H01015 |
52 | LGBFORGE | LGB Forge Limited | INE201J01017 |
53 | LLOYDELENG | Lloyd Electric & Engineering Limited | INE245C01019 |
54 | MADHAV | Madhav Marbles and Granites Limited | INE925C01016 |
55 | MAITHANALL | Maithan Alloys Limited | INE683C01011 |
56 | MELSTAR | Melstar Information Technologies Limited | INE817A01019 |
57 | MMWL | Media Matrix Worldwide Limited | INE200D01020 |
58 | MOTILALOFS | Motilal Oswal Financial Services Limited | INE338I01027 |
59 | MURUDCERA | Murudeshwar Ceramics Limited | INE692B01014 |
60 | MVL | MVL Limited | INE744I01034 |
61 | DALMIAREF | Dalmia Refractories Limited | INE200F01017 |
62 | NAGREEKCAP | Nagreeka Capital & Infrastructure Limited | INE245I01016 |
63 | NAHARSPING | Nahar Spinning Mills Limited* | INE290A01027 |
64 | NATCOPHARM | Natco Pharma Limited | INE987B01018 |
65 | NAVINFLUOR | Navin Fluorine International Limited | INE048G01018 |
66 | NELCAST | Nelcast Limited | INE189I01024 |
67 | NIBL | NRB Industrial Bearings Limited | INE047O01014 |
68 | NIITLTD | NIIT Limited | INE161A01038 |
69 | OMAXAUTO | Omax Autos Limited | INE090B01011 |
70 | OMNITECH | Omnitech Infosolutions Limited | INE810H01019 |
71 | ONWARDTEC | Onward Technologies Limited | INE229A01017 |
72 | ORISSAMINE | The Orissa Minerals Development Company Limited | INE725E01024 |
73 | PARAPRINT | Paramount Printpackaging Limited | INE702L01010 |
74 | PATELENG | Patel Engineering Limited | INE244B01030 |
75 | PILIND | Peacock Industries Limited | INE600A01027 |
76 | PITTILAM | Pitti Laminations Limited | INE450D01013 |
77 | PONNIERODE | Ponni Sugars (Erode) Limited | INE838E01017 |
78 | PRAKASHCON | Prakash Constrowell Limited | INE023M01027 |
79 | PREMIERPOL | Premier Polyfilm Limited* | INE309M01012 |
80 | PRISMCEM | Prism Cement Limited* | INE010A01011 |
81 | PTL | PTL Enterprises Limited | INE034D01031 |
82 | PUNJLLOYD | Punj Lloyd Limited | INE701B01021 |
83 | QUINTEGRA | Quintegra Solutions Limited | INE033B01011 |
84 | RBL | Rane Brake Lining Limited | INE244J01017 |
85 | RESPONIND | Responsive Industries Limited | INE688D01026 |
86 | RUCHIRA | Ruchira Papers Limited | INE803H01014 |
87 | RUSHIL | Rushil Decor Limited | INE573K01017 |
88 | SAKSOFT | Saksoft Limited* | INE667G01015 |
89 | SAKUMA | Sakuma Exports Limited | INE190H01016 |
90 | SAREGAMA | Saregama India Limited | INE979A01017 |
91 | SERVALL | Servalakshmi Paper Limited | INE431L01016 |
92 | SEZAL | Sezal Glass Limited* | INE955I01036 |
93 | SHIVTEX | Shiva Texyarn Limited | INE705C01012 |
94 | SHREYANIND | Shreyans Industries Limited | INE231C01019 |
95 | SITICABLE | Siti Cable Network Limited | INE965H01011 |
96 | SMLISUZU | SML Isuzu Limited | INE294B01019 |
97 | SMOBILITY | S Mobility Limited | INE927C01020 |
98 | SOLARINDS | Solar Industries India Limited | INE343H01011 |
99 | SOMATEX | Soma Textiles & Industries Limited | INE314C01013 |
100 | SONATSOFTW | Sonata Software Limited | INE269A01021 |
101 | STINDIA | STI India Limited | INE090C01019 |
102 | STRTECH | Sterlite Technologies Limited | INE089C01029 |
103 | SUBROS | Subros Limited | INE287B01021 |
104 | SUNCLAYLTD | Sundaram Clayton Limited | INE105A01035 |
105 | SUNDRMBRAK | Sundaram Brake Linings Limited | INE073D01013 |
106 | SUPREMEINF | Supreme Infrastructure India Limited | INE550H01011 |
107 | SURANAVEL | Surana Ventures Limited | INE272L01014 |
108 | SURYALAXMI | Suryalakshmi Cotton Mills Limited | INE713B01026 |
109 | SUZLON | Suzlon Energy Limited | INE040H01021 |
110 | TCIDEVELOP | TCI Developers Limited* | INE662L01016 |
111 | TCIFINANCE | Tci Finance Limited | INE911B01018 |
112 | TODAYS | Todays Writing Instruments Limited | INE944B01019 |
113 | TRIVENI | Triveni Engineering & Industries Limited | INE256C01024 |
114 | TWL | Titagarh Wagons Limited | INE615H01012 |
115 | VISAKAIND | Visaka Industries Limited | INE392A01013 |
116 | VKSPL | VKS Projects Limited | INE213M01024 |
117 | VLSFINANCE | VLS Finance Limited | INE709A01018 |
118 | VSTTILLERS | V.S.T Tillers Tractors Limited | INE764D01017 |
119 | WABAG | VA Tech Wabag Limited | INE956G01038 |
120 | WEIZFOREX | Weizmann Forex Limited | INE726L01019 |
121 | WEIZMANIND | Weizmann Limited | INE080A01014 |
122 | WELINV | Welspun Investments and Commercials Limited | INE389K01018 |
123 | WELSPUNIND | Welspun India Limited | INE192B01023 |
124 | WSI | W S Industries (I) Limited | INE100D01014 |
125 | ZICOM | Zicom Electronic Security Systems Limited* | INE871B01014 |
126 | ZODJRDMKJ | Zodiac JRD- MKJ Limited | INE077B01018 |
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