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HomeStock MarketASM List - What to do in ASM list Stocks?

ASM List – What to do in ASM list Stocks?

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 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 – 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

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 – 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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Happy investing!

Shitanshu Kapadia
Shitanshu Kapadiahttps://moneyexcel.com/
Hi, I am Shitanshu Kapadia founder of moneyexcel.com. I have written 1750+ articles on this blog. I am PGDBA(marketing), engaged in blogging for 5 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. The purpose of this blog is to spread financial awareness and help people in managing money. Please note that the views expressed on this Blog are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.
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