Shri Venkatesh Refineries, RailTel, India Pesticides, and Super Fine Knitters have had their price bands reduced by 10%.
The BSE has increased the price band for Jio Financial Services from 5% to 20%, along with that for nine other equities.
On September 1, the price bands for the ten stocks were revised.
Shri Venkatesh Refineries, RailTel Corporation of India, India Pesticides, SRG Securities Finance, Dolphin Offshore Enterprises, and Super Fine Knitters all had their price bands reduced by 10%.
Rishabh Digha Steel & Allied Products, Vertex Securities, and RattanIndia Power have all been reduced to 5%.
Market leaders The NSE and BSE establish price bands for all securities, which act as trading boundaries. Circuit restrictions are intended to reduce severe volatility in equities, safeguard investors’ interests, and improve market integrity.
