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SEBI's investor protection tool is annoying small companies
Finshots Daily
SEBI's Enhanced Surveillance Measure Protects Retail Investors
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SEBI looks at small stocks worth under 500 crore rupees that are listed on the main stock exchanges. It tracks the highest and lowest prices over a period. If it sees extreme variations, it asks the exchange to move these stocks to the ESM framework. Mercury EV Tech's prices had zoomed by 90% during the first 5 months of the year.
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