SEBI's investor protection tool is annoying small companies
Finshots Daily
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SEBI's Enhanced Surveillance Measure Protects Retail Investors
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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