Thread by @myfinology

Take a good look at this list. 📃

• Adani Total Gas
• Tips Industries
• Coffee Day Entreprises
• JSW Energy
• Gujarat Fluorochemical

All these companies are on the ASM list.

But what is this ASM list? Let's Find out. ⤵

Should shareholders of these companies be worried?

Well yes & no. ASM stands for Additional Security Measures. Stocks enter this list when they experience extreme price volatility.

Entering this list isn’t a disciplinary action against the company, but an alert to the shareholders regarding unstable prices.
#nifty50 #NIFTYFUTURE

What happens when a company’s shares enter the ASM list?

👉5% price band on T+1 day
👉100% margin requirement from T+5 days

When a company’s shares enter the ASM list, a disclosure is made in advance. The day of disclosure is the T-day for the above context.

As mentioned before, this is a result of excessive price movement due to possible speculative activities and the measures are applied to deter further speculations.

So if you own any fundamentally strong shares, an entry into the ASM list is not a reason to panic. Entry in the list should just alert you of possible price fluctuations.

There are 200+ stocks on the list. Find some on blog.finology.in/stock-market/w…