Stocks under ASM List by SEBI

Additional Surveillance Measures(ASM) can be implemented on stocks by Stock Exchanges and Market Regulators such as SEBI, BSE and NSE. Since SEBI launched updated ASM list on 31 May 2018, some of the stocks have fallen sharply.

What is the impact of Additional Surveillance Measures on a stock?
  1. ASM is implemented to keep an eye on the abnormal variations in stock price that is not compatible with the health of company. ASM ensures that price of such stocks is not manipulated by Promoters or brokers. So high risk stocks are put under ASM list.
  2. Stocks placed under ASM list are reviewed bimonthly(every 15 days). So a stock currently under ASM might be out of it next fortnight.
  3. Stocks under ASM list are restricted to be in 5% price band and 100% margin is applicable.
  4. There is no impact on shares already in your demat. You can sell them sell them.
  5. As per a statement by BSE: “The shortlisting of securities under ASM Framework is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company/entity”.
  6. The stocks in the list generally fall due to panic among investers. It might be a problem for short term investors. If you are long term investor and you believe in the stock then you should stay invested.

As on 6 June 2018, here is the updated ASM List by SEBI. This lists script code as well as stock name.

  1. 538570 – Achal Investments Ltd
  2. 517356 – ACI Infocom Ltd
  3. 532762 – Action Construction Equipment Ltd
  4. 521070 – Alok Industries Ltd
  5. 539693 – Alora Trading Company Ltd
  6. 507525 – Amrit Corp Ltd
  7. 520077 – Amtek Auto Ltd
  8. 540692 – Apex Frozen Foods Ltd
  9. 511064 – Aplaya Creations Ltd
  10. 500016 – Aruna Hotels Ltd
  11. 526187 – Ashram Online.Com Ltd
  12. 507526 – Associated Alcohols & Breweries Ltd
  13. 539018 – Beekay Steel Industries Ltd
  14. 500052 – Bhansali Engineering Polymers Ltd
  15. 523229 – Bharat Seats Ltd
  16. 533321 – Bil Energy Systems Ltd
  17. 500020 – Bombay Dyeing & Manufacturing Company Ltd
  18. 532678 – Bombay Rayon Fashions Ltd
  19. 540006 – Bullish Bonds & Holdings Ltd
  20. 517421 – Butterfly Gandhimathi Appliances Ltd
  21. 511742 – Chokhani Securities Ltd
  22. 532342 – Commex Technology Ltd
  23. 539131 – Crescent Leasing Ltd
  24. 522163 – Diamond Power Infrastructure Ltd
  25. 506414 – Dil Ltd
  26. 540047 – Dilip Buildcon Ltd
  27. 538653 – Ejecta Marketing Ltd
  28. 533264 – Electrosteel Steels Ltd
  29. 533218 – Emami Infrastructure Ltd
  30. 530333 – Emgee Cables & Communications Ltd
  31. 500650 – Excel Industries Ltd
  32. 533090 – Excel Realty N Infra Ltd
  33. 514474 – Fairdeal Filaments Ltd
  34. 533333 – Fineotex Chemical Ltd
  35. 502865 – Forbes & Company Ltd
  36. 539730 – Fredun Pharmaceuticals Ltd
  37. 539228 – Gala Global Products Ltd
  38. 512493 – Garnet International Ltd
  39. 539407 – Generic Engineering Construction and Projects Ltd
  40. 509567 – Goa Carbon Ltd
  41. 532734 – Godawari Power and Ispat Ltd
  42. 538787 – Goenka Business & Finance Ltd
  43. 532439 – Goldstone Infratech Ltd
  44. 509488 – Graphite India Ltd
  45. 532951 – GSS Infotech Ltd
  46. 532775 – GTL Infrastructure Ltd
  47. 532708 – GVK Power & Infrastructure Ltd
  48. 509631 – HEG Ltd
  49. 509675 – HIL Ltd
  50. 500184 – Himadri Speciality Chemical Ltd
  51. 509627 – Hindustan Dorr-Oliver Ltd
  52. 500201 – India Glycols Ltd
  53. 532960 – Indiabulls Ventures Ltd
  54. 530773 – IVRCL Ltd
  55. 533207 – Jaypee Infratech Ltd
  56. 514034 – JBF Industries Ltd
  57. 531543 – Jindal Worldwide Ltd
  58. 539679 – Kapil Raj Finance Ltd
  59. 532054 – KDDL Ltd
  60. 532997 – KSK Energy Ventures Ltd
  61. 530149 – KSL & Industries Ltd
  62. 532081 – KSS Ltd
  63. 531882 – Kwality Ltd
  64. 539992 – Lloyds Steels Industries Ltd
  65. 513269 – Man Industries (India) Ltd
  66. 500279 – Mirc Electronics Ltd
  67. 530047 – Mohota Industries Ltd
  68. 505343 – Monotype India Ltd
  69. 500298 – National Peroxide Ltd
  70. 538772 – Niyogin Fintech Ltd
  71. 538547 – Oasis Tradelink Ltd
  72. 538019 – Oceanaa Biotek Industries Ltd
  73. 533317 – Omkar Speciality Chemicals Ltd
  74. 530135 – Optiemus Infracom Ltd
  75. 501179 – Oscar Investments Ltd
  76. 539007 – Pincon Lifestyle Ltd
  77. 506022 – Prakash Industries Ltd
  78. 511116 – Quadrant Televentures Ltd
  79. 532497 – Radico Khaitan Ltd
  80. 500339 – Rain Industries Ltd
  81. 514223 – Ramgopal Polytex Ltd
  82. 533107 – Reliance Naval and Engineering Ltd
  83. 519097 – Ritesh International Ltd
  84. 519260 – Sanwaria Consumer Ltd
  85. 531893 – Sawaca Business Machines Ltd
  86. 531925 – Shantanu Sheorey Aquakult Ltd
  87. 538212 – Sharp Investments Ltd
  88. 533520 – SORIL Holdings and Ventures Ltd
  89. 536799 – SRS Finance Ltd
  90. 533569 – SRS Ltd
  91. 533305 – SRS Real Infrastructure Ltd
  92. 531723 – Stampede Capital Ltd
  93. 570005 – Stampede Capital Ltd – DVR
  94. 512299 – Sterling Biotech Ltd
  95. 508998 – Sterling International Enterprises Ltd
  96. 532711 – Sunil Hitech Engineers Ltd
  97. 535141 – Sunstar Realty Development Ltd
  98. 530677 – Supreme Holdings & Hospitality (India) Ltd
  99. 532904 – Supreme Infrastructure India Ltd
  100. 506863 – Swadeshi Industries & Leasing Ltd
  101. 533200 – Talwalkars Better Value Fitness Ltd
  102. 540108 – Tiaan Ayurvedic & Herbs Ltd
  103. 504966 – Tinplate Company of India Ltd
  104. 532812 – Transwarranty Finance Ltd
  105. 526957 – Uniply Decor Ltd
  106. 532765 – Usher Agro Ltd
  107. 500254 – Uttam Value Steels Ltd
  108. 523261 – Venkys (India) Ltd
  109. 537820 – Viji Finance Ltd
  110. 534741 – Virtual Global Education Ltd
  111. 532411 – Visesh Infotecnics Ltd
  112. 536128 – VKJ Infradevelopers Ltd
  113. 523660 – Waterbase Ltd
  114. 522029 – Windsor Machines Ltd
  115. 522108 – Yuken India Ltd
  116. 512553 – Zenith Exports Ltd

The updated ASM list can be found on BSE website.