ASM List

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.

ASM list - Additional Surveillance Measure 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.

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 – Best Stocks to buy in India for long term Investment

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 – 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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