BSE Raises Upper Circuit Limit for 4 Adani Stocks, Lower Revisions Implemented Too

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BSE Raises Upper Circuit Limit for 4 Adani Stocks, Lower Revisions Implemented Too

By Malvika Gurung

Investing.com -- Four stocks of Adani conglomerate are expected to rise on Wednesday as the Bombay Stock Exchange (BSE) has increased their circuit limits to up to 20%, starting June 7, 2023.

The domestic bourse has revised the circuit limits for a total of 477 listed stocks, with 14 stocks getting a lower revision of limits starting Wednesday’s trade.

For Adani Transmission (NS: ADAI ), Adani Green and Adani Wilmar (NS: ADAW ), BSE has raised their upper circuit limits to 10% from 5% earlier, in order to attract increased participation in the counters.

For Adani Power (NS: ADAN ), the upper circuit limit has been shot up to 20% from 5%. Only seven stocks have gotten a revision 5% to 20% circuit revision, including Adani Power. 

Other such stocks include Rail Vikas Nigam (NS: RAIV ), Kamdhenu (NS: KAMI ), Zim Laboratories (NS: ZIML ), EKI Energy Services (BO: EKIE ), Shree Global Tradefin (BO: SHGT ), and Nitta Gelatin India (BO: NITA ).

Further, BSE has revised the upper circuit limits of 12 stocks to 10% from 20%, and 2 stocks to 5% from 20%. They include Neelamalai Agro Industries, Indo City Infotech, Maan Aluminium (NS: MANA ), and Valiant Communications, among others.

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