Description

BSE revises price bands for seven securities including Ace Men Engg Works, Biofil Chemicals, Mukat Pipes, National Standard, Rainbow Foundations, Sahara Maritime, and United Foodbrands, effective February 3, 2026.

Summary

BSE has revised the price bands for seven securities effective February 3, 2026. The changes include both tightening and loosening of price bands, with bands ranging from 2% to 10%. The revised price bands are part of BSE’s surveillance measures to manage volatility and trading activity in these securities.

Key Points

  • Seven securities will have revised price bands effective February 3, 2026
  • Ace Men Engg Works Ltd (539661): 5% price band
  • Biofil Chemicals & Pharmaceuticals Ltd (524396): 10% price band
  • Mukat Pipes Ltd (523832): 2% price band (most restrictive)
  • National Standard (India) Ltd (504882): 5% price band
  • Rainbow Foundations Ltd (531694): 5% price band
  • Sahara Maritime Ltd (544056): 5% price band
  • United Foodbrands Ltd (543283): 10% price band (widest band)
  • Trading members can seek clarification at bse.surv@bseindia.com

Regulatory Changes

This circular represents a surveillance-driven adjustment to price bands for specific securities. Price bands are regulatory tools used by exchanges to limit maximum price movement within a trading session, helping to control excessive volatility and protect investors from extreme price fluctuations.

Compliance Requirements

  • Trading members must implement the revised price bands in their trading systems before market opening on February 3, 2026
  • All trades in the affected securities must comply with the new price band limits
  • Trading members should inform their clients about the revised price bands for these securities
  • Any queries or clarifications should be directed to the Surveillance department at bse.surv@bseindia.com

Important Dates

  • Notice Date: February 2, 2026
  • Effective Date: February 3, 2026
  • The revised price bands will be applicable from the market opening on February 3, 2026

Impact Assessment

Market Impact: The price band revisions will affect trading dynamics in these seven securities. Tighter bands (2% and 5%) will limit intraday price movement, potentially reducing volatility but also limiting trading opportunities. Wider bands (10%) allow for greater price discovery but may indicate higher volatility expectations.

Trading Impact:

  • Mukat Pipes Ltd with a 2% band faces the most restrictive trading environment, suggesting heightened surveillance concerns
  • Biofil Chemicals and United Foodbrands with 10% bands have more flexibility for price movement
  • Five securities have moderate 5% bands, balancing volatility control with price discovery

Investor Impact: Investors and traders in these securities should be aware of the revised limits on daily price movements. Day traders and short-term investors may find reduced opportunities in securities with tighter bands, while the changes reflect BSE’s ongoing surveillance and risk management activities.

Impact Justification

Price band revisions affect trading limits for seven securities, impacting traders and investors in these specific scrips but limited to surveillance measures rather than broader market changes.