What is ASM list? How to get ASM listed shares?
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 31st May, 2017 stock price of Graphite India was Rs.115 and on 31st 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 –Â 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.
- Intraday trading in ASM listed stock will be very difficult. Trader dealing in such stocks have to deposit 100% margin, and these counters attract 5% circuit filter. This means stock price in such stock cannot go up or down by more than 5%. This means traders have limited profit or losses.
- One can sell shares if it is lying in the demat account.
- For investor it is bad news. Due to negative bias, these type of stocks are likely to fall. Existing investors profit will be negatively impacted.
- If you are long-term investors you need not worry about such short-term fluctuation or negative news.
- The ASM measures helps uninformed investor as it reduce speculation in the stock market.
Also Read –Â Best Stocks to buy in India for long term Investment
ASM List
Here is the list of 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 | 63MOONS | 63 moons technologies limited | Stage IV |
2 | A2ZINFRA | A2Z Infra Engineering Limited | Stage I |
3 | AARON | Aaron Industries Limited | Stage I |
4 | AARVEEDEN | Aarvee Denims & Exports Limited | Stage I |
5 | ADANITRANS | Adani Transmission Limited | Stage II |
6 | ADVANIHOTR | Advani Hotels & Resorts (India) Limited | Stage I |
7 | AGRITECH | Agri-Tech (India) Limited | Stage I |
8 | AKSHOPTFBR | Aksh Optifibre Limited | Stage I |
9 | ALICON | Alicon Castalloy Limited | Stage I |
10 | ALLCARGO | Allcargo Logistics Limited | Stage I |
11 | ALPA | Alpa Laboratories Limited | Stage I |
12 | AMBIKCO | Ambika Cotton Mills Limited | Stage I |
13 | ANSALAPI | Ansal Properties & Infrastructure Limited | Stage I |
14 | ARCHIES | Archies Limited | Stage I |
15 | ARIHANTCAP | Arihant Capital Markets Limited | Stage I |
16 | ARIHANTSUP | Arihant Superstructures Limited | Stage I |
17 | ASAL | Automotive Stampings and Assemblies Limited | Stage IV |
18 | ATGL | Adani Total Gas Limited | Stage III |
19 | AYMSYNTEX | AYM Syntex Limited | Stage I |
20 | BAFNAPH | Bafna Pharmaceuticals Limited | Stage I |
21 | BCG | Brightcom Group Limited | Stage III |
22 | BEDMUTHA | Bedmutha Industries Limited | Stage I |
23 | BIGBLOC | Bigbloc Construction Limited | Stage I |
24 | BIOFILCHEM | Biofil Chemicals & Pharmaceuticals Limited | Stage I |
25 | BSL | BSL Limited | Stage I |
26 | CAPTRUST | Capital Trust Limited | Stage I |
27 | CHEMFAB | Chemfab Alkalis Limited | Stage I |
28 | CINELINE | Cineline India Limited | Stage I |
29 | COFFEEDAY | Coffee Day Enterprises Limited | Stage I |
30 | CREATIVE | Creative Newtech Limited | Stage I |
31 | CREATIVEYE | Creative Eye Limited | Stage I |
32 | DALMIASUG | Dalmia Bharat Sugar and Industries Limited | Stage I |
33 | DBREALTY | D B Realty Limited | Stage IV |
34 | DCW | DCW Limited | Stage I |
35 | DEVIT | Dev Information Technology Limited | Stage I |
36 | DHANI | Dhani Services Limited | Stage I |
37 | DIGJAMLMTD | Digjam Limited | Stage I |
38 | DONEAR | Donear Industries Limited | Stage I |
39 | DPABHUSHAN | D. P. Abhushan Limited | Stage I |
40 | DVL | Dhunseri Ventures Limited | Stage I |
41 | EIFFL | Euro India Fresh Foods Limited | Stage I |
42 | EKC | Everest Kanto Cylinder Limited | Stage I |
43 | EROSMEDIA | Eros International Media Limited | Stage I |
44 | FEL | Future Enterprises Limited | Stage I |
45 | FELDVR | Future Enterprises Limited | Stage II |
46 | FLUOROCHEM | Gujarat Fluorochemicals Limited | Stage IV |
47 | FOCUS | Focus Lighting and Fixtures Limited | Stage I |
48 | GANGAFORGE | Ganga Forging Limited | Stage I |
49 | GENESYS | Genesys International Corporation Limited | Stage I |
50 | GLOBE | Globe Textiles (India) Limited | Stage I |
51 | GOKULAGRO | Gokul Agro Resources Limited | Stage IV |
52 | GOODLUCK | Goodluck India Limited | Stage IV |
53 | GRAVITA | Gravita India Limited | Stage I |
54 | GTLINFRA | GTL Infrastructure Limited | Stage II |
55 | GULPOLY | Gulshan Polyols Limited | Stage IV |
56 | HAPPSTMNDS | Happiest Minds Technologies Limited | Stage I |
57 | HCL-INSYS | HCL Infosystems Limited | Stage I |
58 | HECPROJECT | HEC Infra Projects Limited | Stage I |
59 | HGS | Hinduja Global Solutions Limited | Stage I |
60 | HIKAL | Hikal Limited | Stage I |
61 | HILTON | Hilton Metal Forging Limited | Stage I |
62 | HINDNATGLS | Hindusthan National Glass & Industries Limited | Stage I |
63 | HPL | HPL Electric & Power Limited | Stage I |
64 | IITL | Industrial Investment Trust Limited | Stage I |
65 | IMAGICAA | Imagicaaworld Entertainment Limited | Stage I |
66 | INFOBEAN | InfoBeans Technologies Limited | Stage I |
67 | INVENTURE | Inventure Growth & Securities Limited | Stage I |
68 | ISMTLTD | ISMT Limited | Stage IV |
69 | IWEL | Inox Wind Energy Limited | Stage II |
70 | JAIPURKURT | Nandani Creation Limited | Stage I |
71 | JAYNECOIND | Jayaswal Neco Industries Limited | Stage III |
72 | JBMA | JBM Auto Limited | Stage I |
73 | JHS | JHS Svendgaard Laboratories Limited | Stage I |
74 | JINDWORLD | Jindal Worldwide Limited | Stage I |
75 | JPINFRATEC | Jaypee Infratech Limited | Stage I |
76 | JPOLYINVST | Jindal Poly Investment and Finance Company Limited | Stage I |
77 | JPPOWER | Jaiprakash Power Ventures Limited | Stage I |
78 | JSLHISAR | Jindal Stainless (Hisar) Limited | Stage I |
79 | JSWENERGY | JSW Energy Limited | Stage IV |
80 | KABRAEXTRU | Kabra Extrusion Technik Limited | Stage I |
81 | KDDL | KDDL Limited | Stage I |
82 | KECL | Kirloskar Electric Company Limited | Stage I |
83 | KELLTONTEC | Kellton Tech Solutions Limited | Stage I |
84 | KHAICHEM | Khaitan Chemicals & Fertilizers Limited | Stage I |
85 | KPIGLOBAL | K.P.I. Global Infrastructure Limited | Stage I |
86 | KPITTECH | KPIT Technologies Limited | Stage I |
87 | KPRMILL | K.P.R. Mill Limited | Stage I |
88 | KREBSBIO | Krebs Biochemicals and Industries Limited | Stage I |
89 | LAGNAM | Lagnam Spintex Limited | Stage I |
90 | LINC | Linc Limited | Stage I |
91 | LSIL | Lloyds Steels Industries Limited | Stage IV |
92 | MANINFRA | Man Infraconstruction Limited | Stage I |
93 | MANUGRAPH | Manugraph India Limited | Stage I |
94 | MBLINFRA | MBL Infrastructures Limited | Stage I |
95 | MCL | Madhav Copper Limited | Stage I |
96 | MCLEODRUSS | Mcleod Russel India Limited | Stage I |
97 | MEP | MEP Infrastructure Developers Limited | Stage I |
98 | MGEL | Mangalam Global Enterprise Limited | Stage I |
99 | MHLXMIRU | Mahalaxmi Rubtech Limited | Stage I |
100 | MIRZAINT | Mirza International Limited | Stage I |
101 | MOKSH | Moksh Ornaments Limited | Stage I |
102 | MOLDTKPAC | Mold-Tek Packaging Limited | Stage I |
103 | MOLDTKPAC | Mold-Tek Packaging Limited | Stage I |
104 | MTEDUCARE | MT Educare Limited | Stage I |
105 | NAHARPOLY | Nahar Poly Films Limited | Stage I |
106 | NAHARSPING | Nahar Spinning Mills Limited | Stage IV |
107 | NDL | Nandan Denim Limited | Stage I |
108 | NDTV | New Delhi Television Limited | Stage I |
109 | NELCO | NELCO Limited | Stage II |
110 | NETWORK18 | Network18 Media & Investments Limited | Stage I |
111 | NILAINFRA | Nila Infrastructures Limited | Stage I |
112 | NITCO | Nitco Limited | Stage I |
113 | NITINSPIN | Nitin Spinners Limited | Stage III |
114 | OLECTRA | Olectra Greentech Limited | Stage I |
115 | OMAXAUTO | Omax Autos Limited | Stage I |
116 | ONELIFECAP | Onelife Capital Advisors Limited | Stage I |
117 | ONEPOINT | One Point One Solutions Limited | Stage I |
118 | ORIENTLTD | Orient Press Limited | Stage I |
119 | OSWALAGRO | Oswal Agro Mills Limited | Stage I |
120 | PANSARI | Pansari Developers Limited | Stage I |
121 | PGEL | PG Electroplast Limited | Stage I |
122 | PODDARHOUS | Poddar Housing and Development Limited | Stage I |
123 | POKARNA | Pokarna Limited | Stage I |
124 | PRAXIS | Praxis Home Retail Limited | Stage I |
125 | PRECWIRE | Precision Wires India Limited | Stage IV |
126 | PREMEXPLN | Premier Explosives Limited | Stage I |
127 | PRIVISCL | Privi Speciality Chemicals Limited | Stage I |
128 | RAJMET | Rajnandini Metal Limited | Stage I |
129 | RAJRATAN | Rajratan Global Wire Limited | Stage IV |
130 | RAMASTEEL | Rama Steel Tubes Limited | Stage I |
131 | RELCAPITAL | Reliance Capital Limited | Stage I |
132 | RGL | Renaissance Global Limited | Stage I |
133 | RSSOFTWARE | R. S. Software (India) Limited | Stage I |
134 | SANGAMIND | Sangam (India) Limited | Stage I |
135 | SAREGAMA | Saregama India Limited | Stage IV |
136 | SCAPDVR | Stampede Capital Limited | Stage I |
137 | SELMC | SEL Manufacturing Company Limited | Stage III |
138 | SGIL | Synergy Green Industries Limited | Stage I |
139 | SGL | STL Global Limited | Stage I |
140 | SHAHALLOYS | Shah Alloys Limited | Stage I |
141 | SHARDACROP | Sharda Cropchem Limited | Stage I |
142 | SHAREINDIA | Share India Securities Limited | Stage I |
143 | SHIVAMAUTO | Shivam Autotech Limited | Stage I |
144 | SHIVAMILLS | Shiva Mills Limited | Stage I |
145 | SIMBHALS | Simbhaoli Sugars Limited | Stage I |
146 | SIMPLEXINF | Simplex Infrastructures Limited | Stage I |
147 | SINTERCOM | Sintercom India Limited | Stage I |
148 | SINTEX | Sintex Industries Limited | Stage I |
149 | SMARTLINK | Smartlink Holdings Limited | Stage I |
150 | SREINFRA | SREI Infrastructure Finance Limited | Stage I |
151 | SUMIT | Sumit Woods Limited | Stage I |
152 | SUPREMEENG | Supreme Engineering Limited | Stage I |
153 | SUVIDHAA | Suvidhaa Infoserve Limited | Stage I |
154 | TALBROAUTO | Talbros Automotive Components Limited | Stage I |
155 | TCIEXP | TCI Express Limited | Stage I |
156 | TDPOWERSYS | TD Power Systems Limited | Stage I |
157 | TEJASNET | Tejas Networks Limited | Stage I |
158 | TFL | Transwarranty Finance Limited | Stage I |
159 | TGBHOTELS | TGB Banquets And Hotels Limited | Stage I |
160 | THEMISMED | Themis Medicare Limited | Stage III |
161 | TI | Tilaknagar Industries Limited | Stage I |
162 | TIPSINDLTD | TIPS Industries Limited | Stage IV |
163 | TIRUPATIFL | Tirupati Forge Limited | Stage I |
164 | TMRVL | The Mandhana Retail Ventures Limited | Stage I |
165 | TOKYOPLAST | Tokyo Plast International Limited | Stage I |
166 | TREJHARA | TREJHARA SOLUTIONS LIMITED | Stage I |
167 | TRIDENT | Trident Limited | Stage IV |
168 | TTML | Tata Teleservices (Maharashtra) Limited | Stage IV |
169 | UNIINFO | Uniinfo Telecom Services Limited | Stage I |
170 | UNITEDPOLY | United Polyfab Gujarat Limited | Stage II |
171 | UNIVPHOTO | Universus Photo Imagings Limited | Stage I |
172 | USHAMART | Usha Martin Limited | Stage I |
173 | VARDHACRLC | Vardhman Acrylics Limited | Stage I |
174 | VARDMNPOLY | Vardhman Polytex Limited | Stage I |
175 | VIDHIING | Vidhi Specialty Food Ingredients Limited | Stage I |
176 | VISASTEEL | Visa Steel Limited | Stage I |
177 | VISHNU | Vishnu Chemicals Limited | Stage IV |
178 | VIVIMEDLAB | Vivimed Labs Limited | Stage I |
179 | WALCHANNAG | Walchandnagar Industries Limited | Stage I |
180 | WEBELSOLAR | Websol Energy System Limited | Stage I |
181 | WEIZMANIND | Weizmann Limited | Stage I |
182 | WINPRO | WinPro Industries Limited | Stage I |
183 | XPROINDIA | Xpro India Limited | Stage IV |
184 | ZENTEC | Zen Technologies Limited | Stage I |
Here is the list of 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 | AGSTRA | AGS Transact Technologies Limited | Stage I |
2 | AKG | Akg Exim Limited | Stage I |
3 | DSSL | Dynacons Systems & Solutions Limited | Stage I |
4 | GLOBAL | Global Education Limited | Stage I |
5 | JAGSNPHARM | Jagsonpal Pharmaceuticals Limited | Stage I |
6 | KEYFINSERV | Keynote Financial Services Limited | Stage II |
7 | KOTHARIPRO | Kothari Products Limited | Stage I |
8 | MAANALU | Maan Aluminium Limited | Stage I |
9 | MBAPL | Madhya Bharat Agro Products Limited | Stage I |
10 | MEGASTAR | Megastar Foods Limited | Stage I |
11 | ORIENTBELL | Orient Bell Limited | Stage I |
12 | PANACHE | Panache Digilife Limited | Stage I |
13 | PFOCUS | Prime Focus Limited | Stage I |
14 | RBA | Restaurant Brands Asia Limited | Stage I |
15 | RKDL | Ravi Kumar Distilleries Limited | Stage I |
16 | SALONA | Salona Cotspin Limited | Stage I |
17 | SOLARA | Solara Active Pharma Sciences Limited | Stage I |
18 | SOUTHWEST | South West Pinnacle Exploration Limited | Stage I |
19 | TIMESGTY | Times Guaranty Limited | Stage I |
20 | VADILALIND | Vadilal Industries Limited | Stage I |
21 | VAISHALI | Vaishali Pharma Limited | Stage I |
Note above list is as on 7th March 2022. 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.
- Avoid Fresh entry in ASM listed stocks. Due to trading restriction stock price is likely to go down further.
- Study fundamentals of the stock. If fundamentals of stocks are good to stay invested in the stock. If required take help of a stock market expert.
- If fundamental of the company is bad then try to exit as early as possible.
Also Read –Â 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.
Subscribe to our blog and get latest updates in your inbox.
Happy investing!