Shares of Amber Enterprises India Ltd climbed 3% in early trading on January 7, 2025, to reach ₹2,560.50 after the stock exited the Short-Term Additional Surveillance Measure (ASM) framework. The exit from the ASM list has improved market sentiment, boosting trading activity and investor confidence.
Amber Enterprises (i) Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Mon, Jan 6 2025
|
₹7,749.00
|
₹7,664.80
|
-1.04%
|
|
Fri, Jan 3 2025
|
₹7,700.00
|
₹7,745.20
|
|
|
Thu, Jan 2 2025
|
₹7,640.00
|
₹7,544.40
|
-1.66%
|
|
Wed, Jan 1 2025
|
₹7,402.55
|
₹7,671.70
|
|
|
Tue, Dec 31 2024
|
₹7,372.70
|
₹7,387.55
|
|
|
Mon, Dec 30 2024
|
₹7,404.55
|
₹7,335.55
|
-1.44%
|
|
Fri, Dec 27 2024
|
₹7,780.00
|
₹7,442.95
|
-5.40%
|
|
Thu, Dec 26 2024
|
₹7,249.90
|
₹7,867.70
|
|
What is ASM, and Why is it Important?
The Additional Surveillance Measure (ASM), introduced by SEBI in 2018, is a regulatory mechanism aimed at curbing speculative trading and protecting retail investors from volatility in the stock market. Stocks under the ASM framework face stricter trading restrictions, such as increased margin requirements and reduced price bands. While inclusion in the ASM list does not reflect negatively on a company’s fundamentals, exiting the list often signals stabilizing conditions and a reduction in speculative activity.
Current Stocks in the Short-Term ASM List
Despite Amber Enterprises India exiting the ASM list, several stocks remain under its purview. These include:
- Apollo Micro Systems Limited
- Ashapura Minechem Limited
- Atlas Cycles (Haryana) Limited
- C2C Advanced Systems Limited
- Danish Power Limited
- DC Infotech and Communication Limited
- Donear Industries Limited
- Esprit Stones Limited
- Fairchem Organics Limited
- Ganesh Green Bharat Limited
- GMR Power and Urban Infra Limited
- Greaves Cotton Limited
- ITI Limited
- Jai Corp Limited
- Jeyyam Global Foods Limited
- Kalyani Steels Limited
- Lincoln Pharmaceuticals Limited
- Mohini Health & Hygiene Limited
- Quest Laboratories Limited
- Rockingdeals Circular Economy Limited
- Sadhana Nitrochem Limited
- Salzer Electronics Limited
- Shivalik Rasayan Limited
- Zota Health Care Limited
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
