Description

BSE revises price bands for 13 securities effective October 10, 2025, with bands ranging from 2% to 20% across various scrips.

Summary

BSE has announced revisions to price bands for 13 securities effective from October 10, 2025. The price bands range from 2% (tightest) to 20% (widest), indicating varying levels of surveillance measures applied to these securities. Trading members must note these changes as they will affect the maximum permissible price movement for these scrips.

Key Points

  • 13 securities will have revised price bands effective October 10, 2025
  • Price band revisions range from 2% to 20% depending on the security
  • Four securities (Bluegod Entertainment, IEC Education, Parshwanath Corporation) placed under strictest 2% price band
  • 3i Infotech and JD Cables have 20% price bands (widest)
  • Clarifications can be directed to bse.surv@bseindia.com

Regulatory Changes

BSE Surveillance Department has revised price bands as a market surveillance measure. The varying price band percentages indicate different levels of monitoring:

2% Price Band (Strictest):

  • Bluegod Entertainment Ltd (539175)
  • IEC Education Ltd (531840)
  • Parshwanath Corporation Ltd (511176)

5% Price Band:

  • Hiliks Technologies Ltd (539697)
  • Narmada Agrobase Ltd (543643)
  • Sahara Housingfina Corporation Ltd (511533)
  • Shree Refrigerations Ltd (544458)
  • Skyline Millars Ltd (505650)
  • Sumeet Industries Ltd (514211)

10% Price Band:

  • Bothra Metals & Alloys Ltd (535279)
  • Cubical Financial Services Ltd (511710)

20% Price Band (Widest):

  • 3i Infotech Ltd (751041)
  • JD Cables Ltd (544524)

Compliance Requirements

  • Trading members must implement revised price bands in their trading systems before market opening on October 10, 2025
  • Orders exceeding the revised price band limits will be rejected
  • Members should ensure their trading terminals reflect the updated price band percentages
  • Any clarifications should be sought from bse.surv@bseindia.com before the effective date

Important Dates

  • Notice Date: October 9, 2025
  • Effective Date: October 10, 2025
  • Notice Number: 20251009-55

Impact Assessment

Market Impact: The revision of price bands will significantly impact trading dynamics for these 13 securities. Securities with tighter bands (2-5%) will experience:

  • Reduced intraday volatility
  • Potential liquidity constraints
  • Limited price discovery within trading sessions

Trading Impact: Traders and investors in these securities should note:

  • Maximum allowed price movement will be restricted to the specified percentage
  • Securities under 2% band face severe trading restrictions, typically indicating high surveillance concerns
  • Algorithmic and momentum trading strategies may be significantly impacted
  • Multiple circuit filter hits possible during volatile sessions

Operational Impact: Brokers and trading members must:

  • Update risk management systems to accommodate new price bands
  • Inform clients holding positions in these securities
  • Monitor order placement to prevent rejections due to price band violations

Impact Justification

Revised price bands affect trading limits for 13 securities, with some experiencing significant tightening (2% band), which will restrict price movements and impact liquidity for these specific stocks.