ESM framework

market capitalisation: Bourses include companies up to Rs 1,000 crore m-cap under ESM

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market capitalisation: Bourses include companies up to Rs 1,000 crore m-cap under ESM

Mumbai: Stock exchanges will expand the enhanced surveillance measure (ESM) framework from August 13 to include mainboard companies with a market capitalisation of up to ‘1,000 crore. Previously, the ESM framework applied only to companies with a market capitalisation of less than ‘500 crore. To address volatility in smallcap stocks, ESM mechanism was introduced in … Read more

Stock exchanges: Stock exchanges shift 39 stocks out of ESM framework

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Stock exchanges: Stock exchanges shift 39 stocks out of ESM framework

Mumbai: The stock exchanges have removed 39 small-cap stocks from the Enhanced Surveillance Measure (ESM) framework, effective from January 29, 2024. According to the stock exchange circular issued on Thursday, stocks such as Rajoo Engineers, Brand Concepts, Modern Insulators, BPL, Mirc Electronics, Shreyans Industries and Aban Offshore, among others, are included in the list of … Read more