Description

BSE has revised price bands for 35 scrips ranging from 2% to 20%, effective from December 02, 2025. The changes affect various securities across different sectors including textiles, pharmaceuticals, and financial services.

Summary

BSE has revised price bands for 35 securities effective from December 02, 2025. The changes range from restrictive 2% bands to more relaxed 20% bands, with most securities set at 5%. This action is part of BSE’s surveillance measures to manage volatility and trading risks in specific scrips.

Key Points

  • Price band revisions effective from December 02, 2025
  • 35 securities affected across various sectors
  • Price bands range from 2% (most restrictive) to 20% (most relaxed)
  • Majority of securities (24 out of 35) moved to 5% price band
  • 4 securities set at 2% band: Bansisons Tea, Gujarat Raffia Industries, Sarup Industries, and Sizemasters Technology
  • 2 securities set at 10% band: Bandaram Pharma Packtech and Star Housing Finance
  • 2 securities set at 20% band: Mahamaya Lifesciences and Workmates Core2Cloud Solution
  • Notice issued by BSE Surveillance department
  • Trading members notified to implement changes

Regulatory Changes

Price band restrictions have been modified from existing levels for the specified securities. Price bands are regulatory tools used to limit the maximum price movement of a security within a trading session, helping to curb excessive volatility and speculation.

Compliance Requirements

  • Trading members must implement the revised price bands from December 02, 2025
  • All trades in the affected securities must respect the new price band limits
  • Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com
  • Trading systems must be updated to reflect the new price band parameters

Important Dates

  • Notice Date: December 01, 2025
  • Effective Date: December 02, 2025

Impact Assessment

Market Impact: The revised price bands will directly affect trading dynamics for these 35 securities. Tighter bands (2%) indicate higher surveillance concerns and will limit intraday price movements, potentially reducing liquidity and trading volumes. Securities with 20% bands may see increased trading activity as they have more room for price discovery.

Trading Impact: Day traders and short-term traders will need to adjust their strategies for securities with tighter bands. The 5% band (majority of affected scrips) represents moderate surveillance and will require careful position management.

Investor Impact: Investors holding these securities should be aware that tighter price bands may indicate underlying concerns about the scrip’s volatility or corporate governance. The varied band levels (2% to 20%) suggest differentiated risk assessments by the exchange surveillance team.

Impact Justification

Affects 35 securities with revised price bands indicating increased surveillance measures. Most securities moved to 5% band with some having tighter 2% bands and others loosened to 10-20%, suggesting varied risk profiles. Traders need to adjust strategies for these securities.