BSE shares decline 8% in two days after being placed under ASM framework
Published on 12/06/2025 12:33 PM
BSE shares decline 8% in two days after being placed under ASM frameworkOf the 14 analysts that have coverage on BSE, 10 have a "buy" rating, three have a "hold" rating and one has a "sell" rating.By Shloka Badkar June 12, 2025, 12:33:08 PM IST (Published)2 Min ReadShares of BSE Ltd. are trading with losses for the second day on Thursday, June 12. The stock is down over 3% in today's trading session.
The stock has declined 8% in the last two trade sessions. This comes after the stock rallied for nine consecutive days, gaining 25% before Wednesday's drop. Four of these nine sessions, had over 1 crore shares of the stock change hands in a single session.
BSE shares have been on the decline since Wednesday, June 11, after the stock was added to stage 1 of the Additional Surveillance Measures (ASM) framework. As a result, trading on the stock will now attract a 100% margin.
Stocks are selected under the long-term ASM based on certain criteria such as volumes, price variations and concentration of top clients within a given time frame.
The stocks placed under Stage 1 of the long-term ASM framework are subject to the 100% margin starting from the T+3 day, which means the entire value of the trade will have be provided as a margin upfront. These stocks are eligible for a staged exit after 90 days. These stocks also be bought and sold.
Of the 14 analysts that have coverage on the stock, 10 have a "buy" rating, three have a "hold" rating and one has a "sell" rating.
The stock declined 4.2% to hit an intraday low of 2,760 apiece on Thursday, June 12. It was down 3.62% down at 2,778 apiece at 12.20 pm. BSE shares have gained 19.85% in the past month, 48.58% in the last six months and 53.63% this year, so far.
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