ASM List – What to do in ASM list Stocks?

The ASM list has created havoc in the stock market. All shares listed under ASM list are declining sharply. Investors are worried and directionless. They are wondering about what to do in ASM listed stocks? If your portfolio also contains ASM shares and you need help about decoding term ASM and precaution you should take here is complete information about ASM including ASM list.

What is ASM?

ASM is Additional Surveillance Measures. It is a new category formulated by SEBI to check market manipulation. High-risk stocks are placed under ASM list. Let’s try to understand this by example.

Graphite India is a multibagger stock. Graphite India has given exceptionally high returns to the investors in past one year. On 31^st May, 2017 stock price of Graphite India was Rs.115 and on 31^st May, 2018 price of Graphite India was Rs.888. This means in last one year this stock has given 672% CAGR return to the investors.

Graphite India is now placed under ASM list. Similar to Graphite India there are other multibagger stocks such as HEG, Dilip Buildcon which are placed in ASM list. You must be thinking why multibagger stocks are placed in ASM list.

The stocks that follow simple criteria such as price volume spike is put under watch. Apart from that if a stock price is not justifying fundamentals it is put under ASM list.

Also Read – Top 5 Best Stock Screener for Indian Stock Market

ASM list is released by BSE and NSE as per SEBI’s guideline under ASM framework. The intent is to keep the Indian equity markets safe for investors and check undue volatility in stock prices.

The exchange will review these stocks on a bimonthly basis and make the changes as per ASM framework. The shortlisting of stock under the framework is only on the account of surveillance it is not a disciplinary action against the company.

How ASM affects Investors and Traders?

After getting complete understanding about ASM let’s try to understand how ASM affects stock market investors and traders.

Also Read – Best Stocks to buy in India for long term Investment

ASM List

Here is the list of 21 stocks along with scrip code that are placed under Long Term ASM List –

Long Term – Additional Surveillance Measure (LT-ASM)

Sr No	Symbol	Company Name	ASM Stage
1	AGCNET	AGC Networks Limited	Stage I
2	AIFL	Ashapura Intimates Fashion Limited	Stage I
3	BKMINDST	Bkm Industries Limited	Stage I
4	EDL	Empee Distilleries Limited	Stage I
5	GAYAHWS	Gayatri Highways Limited	Stage I
6	IL&FSTRANS	IL&FS Transportation Networks Limited	Stage I
7	JPPOWER	Jaiprakash Power Ventures Limited	Stage I
8	MIC	MIC Electronics Limited	Stage I
9	NAVKARCORP	Navkar Corporation Limited	Stage I
10	ORTEL	Ortel Communications Limited	Stage II
11	PRAKASHSTL	Prakash Steelage Limited	Stage I
12	PUNJLLOYD	Punj Lloyd Limited	Stage I
13	RAJTV	Raj Television Network Limited	Stage I
14	SCAPDVR	Stampede Capital Limited	Stage I
15	SPLIL	SPL Industries Limited	Stage I
16	TERASOFT	Tera Software Limited	Stage I
17	TIJARIA	Tijaria Polypipes Limited	Stage I
18	VAKRANGEE	Vakrangee Limited	Stage I
19	VETO	Veto Switchgears And Cables Limited	Stage I
20	VIJIFIN	Viji Finance Limited	Stage I
21	VISESHINFO	Visesh Infotecnics Limited	Stage IV

Here is the list of 22 stocks along with scrip code that are placed under Short Term ASM List –

Short Term – Additional Surveillance Measure (ST-ASM)

Sr No	Symbol	Company Name	ASM Stage
1	5PAISA	5Paisa Capital Limited	Stage I
2	ADHUNIK	Adhunik Metaliks Limited	Stage I
3	ANSALAPI	Ansal Properties & Infrastructure Limited	Stage I
4	ANSALHSG	Ansal Housing Limited	Stage I
5	ASAL	Automotive Stampings and Assemblies Limited	Stage I
6	CHROMATIC	Chromatic India Limited	Stage I
7	EASUNREYRL	Easun Reyrolle Limited	Stage I
8	FCSSOFT	FCS Software Solutions Limited	Stage II
9	FLEXITUFF	Flexituff Ventures International Limited	Stage I
10	GRUH	Gruh Finance Limited	Stage I
11	GTL	GTL Limited	Stage I
12	GTLINFRA	GTL Infrastructure Limited	Stage I
13	JINDCOT	Jindal Cotex Limited	Stage I
14	KECL	Kirloskar Electric Company Limited	Stage I
15	KSERASERA	KSS Limited	Stage I
16	NAGREEKCAP	Nagreeka Capital & Infrastructure Limited	Stage I
17	NILASPACES	Nila Spaces Limited	Stage I
18	NITESHEST	Nitesh Estates Limited	Stage I
19	PALREDTEC	Palred Technologies Limited	Stage I
20	SMPL	Splendid Metal Products Limited	Stage I
21	SMSLIFE	SMS Lifesciences India Limited	Stage I
22	TGBHOTELS	TGB Banquets And Hotels Limited	Stage I

Note above list is as on 17th Jan 2019. You can find the latest list on NSE website.

What investor should do in ASM Listed Stocks?

ASM is good for the long-term investors. There can be short-term panic in ASM listed stocks but it is good for quality stocks as it eliminates speculations.

If you have ASM listed stock in your portfolio don’t get panic. Follow the steps given below.

Also Read – How to analyze the fundamentals of the company?

I hope the information given above on ASM list will be helpful to the investors.

What is your take on the ASM list?

Do share your queries and comments.

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