Description

BSE announces revised price bands for 22 scrips including Swiggy, Waaree Energies, Premier Energies, and Bajaj Holdings & Investment, effective from December 31, 2025.

Summary

BSE has revised the price bands for 22 securities effective from December 31, 2025. The changes include widening price bands to 2%, 5%, 10%, and 20% for various scrips. Notable companies affected include Swiggy Ltd (10%), Waaree Energies Ltd (10%), Premier Energies Ltd (10%), Bajaj Holdings & Investment Ltd (10%), Cyient Ltd (20%), HFCL Ltd (20%), NCC Ltd (20%), and Titagarh Rail Systems Ltd (20%).

Key Points

  • Price bands revised for 22 securities across different sectors
  • Changes effective from December 31, 2025
  • Price bands range from 2% to 20% depending on the security
  • Includes both recently listed companies (Swiggy, Waaree Energies, Premier Energies) and established ones
  • 6 scrips moved to 20% band (widest volatility range)
  • 8 scrips moved to 10% band
  • 4 scrips moved to 5% band
  • 4 scrips moved to 2% band (tightest control)

Securities with Revised Price Bands

20% Price Band:

  • ANIRIT VENTURES Ltd (751070)
  • Cyient Ltd (532175)
  • HFCL Ltd (500183)
  • KRISHIVAL FOODS Ltd (751069)
  • NCC Ltd (500294)
  • Titagarh Rail Systems Ltd (532966)

10% Price Band:

  • Bajaj Holdings & Investment Ltd (500490)
  • Bonlon Industries Ltd (543211)
  • Hind Aluminium Industries Ltd (531979)
  • Premier Energies Ltd (544238)
  • Rajnish Wellness Ltd (541601)
  • Shree Metalloys Ltd (531962)
  • Swiggy Ltd (544285)
  • Waa Solar Ltd (541445)
  • Waaree Energies Ltd (544277)

5% Price Band:

  • Aryan Share and Stock Brokers Ltd (542176)
  • Baba Arts Ltd (532380)
  • Khyati Multimedia Entertainment Ltd (531692)
  • Teamo Productions HQ Ltd (533048)
  • Travels & Rentals Ltd (544242)

2% Price Band:

  • Aadi Industries Ltd (530027)
  • Shish Industries Ltd (540693)

Regulatory Changes

This is a routine surveillance measure by BSE to adjust trading parameters based on market conditions, liquidity, and volatility patterns of individual securities. Price bands determine the maximum percentage by which a stock price can move (up or down) in a single trading session.

Compliance Requirements

  • Trading members must ensure their systems are updated with the new price bands before market opening on December 31, 2025
  • All trading activity in these scrips must adhere to the revised price band limits
  • Members requiring clarification should contact bse.surv@bseindia.com

Important Dates

  • Notice Date: December 30, 2025
  • Effective Date: December 31, 2025

Impact Assessment

Market Impact: The revision affects daily trading volatility limits for 22 securities. Stocks with wider bands (20%) will have greater intraday price movement flexibility, while those with tighter bands (2-5%) will face stricter controls. This particularly impacts recently listed companies like Swiggy and Waaree Energies, which are assigned 10% bands.

Trading Impact: Traders and investors should adjust their strategies based on the new price movement limits. Stocks moved to narrower bands may see reduced speculative activity, while those with wider bands may experience increased volatility and trading opportunities.

Risk Management: Brokers and risk management systems need to update position limits and margin requirements based on the new price bands to ensure compliance with exchange regulations.

Impact Justification

Price band changes affect trading volatility limits for 22 securities including prominent names like Swiggy, Waaree Energies, and Bajaj Holdings. This impacts daily trading ranges and risk management but is a routine surveillance measure.