Stock Exchanges Place 3 Adani Group Firms Under Short-Term Surveillance
As many as three Adani Group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE, according to the latest data available with the exchanges on Thursday.
Apart from Adani Enterprises, the other two firms listed by the exchanges are -- Adani Ports and Special Economic Zone and Ambuja Cements.
The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio . Source -NDTV