On March 10, both exchanges put the two companies under the second stage of the long-term Additional Surveillance Measure (ASM) framework
Leading bourses NSE and BSE on Friday said Adani Total Gas and Adani Transmission will move to the first stage of the long term additional surveillance measure framework from March 27 On March 10, both exchanges put the two companies under the second stage of the long-term Additional Surveillance Measure (ASM) framework TRENDING STORIES See All Premium Eric Garcetti sworn in as US Ambassador to India Premium Army missile misfires during firing practice in Pokhran .
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In two separate circulars, the bourses said these securities will continue in the framework but will be moved from respective lower stage ASM from March 27.
Indiabulls Enterprises Ltd is another stock that will move from Stage II to Stage I of the long term ASM framework Meanwhile, stocks of seven Adani group companies out of the ten-listed entities ended the day in the negative territory on Friday amid a weak trend in the broader market At the close of the session, seven group firms were traded in the red and three with the gains.
The group stocks have taken a beating on the exchanges since the report by US-based short-seller Hindenburg Research came in January this year The report had made a litany of allegations, including fraudulent transactions and share-price manipulation, against it MINT PREMIUM See All Premium Mint Explainer: How Netanyahu’s judicial changes are di .
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