Synopsis: These stocks are excluded from the long-term ASM framework, which come from multiple sectors, including infrastructure contracting, electrical & railway traction equipment, global agrochemicals, optical digital network solutions, renewable energy generation and speciality chemicals.
The ASM (Additional Surveillance Measure) framework is implemented by exchanges to monitor stocks showing high volatility, price manipulation risk or abnormal trading behaviour.
When a stock gets excluded/removed from ASM, it indicates improved trading stability and a lower speculative risk profile based on exchange parameters. These are lists of stocks that are excluded from the ASM framework.
Garuda Construction and Engineering Ltd
Garuda Construction and Engineering operates in the infra contracting space focused on civil engineering, industrial projects and construction execution. The company participates in EPC style orders and infra development assignments across select state and private sector contracts.
With market capitalization of Rs. 1,952 cr, the shares of Garuda Construction and Engineering Ltd are currently trading at Rs. 210 per share, from its previous close of Rs. 216.64 per share.
Hind Rectifiers Ltd
Hind Rectifiers is an electrical and electronic equipment manufacturer catering largely to the power & railway traction ecosystem. It supplies rectifiers, converters, inverters, transformers and power electronics systems to Indian Railways, metro rail and industrial power segments.
With market capitalization of Rs. 3,223 cr, the shares of Hind Rectifiers Ltd are currently trading at Rs. 1,884 per share, from its previous close of Rs. 1,883.40 per share.
Sharda Cropchem Ltd
Sharda Cropchem is a global agrochemical player focused on off-patent crop protection molecules with a strong registration-led asset light model. The company markets formulations across herbicides, fungicides and insecticides across India, US, EU, LATAM and other international markets.
With market capitalization of Rs. 7,406 cr, the shares of Sharda Cropchem Ltd are currently trading at Rs. 816 per share, from its previous close of Rs. 864.70 per share.
Sterlite Technologies Ltd
Sterlite Technologies (STL) operates in optical networking and digital network infra manufacturing optical fibre and fibre cables, and providing network solutions to telecom operators, data centres and hyperscalers, enabling digital infrastructure buildout.
With market capitalization of Rs. 5,868 cr, the shares of Sterlite Technologies Ltd are currently trading at Rs. 120 per share, from its previous close of Rs. 117.47 per share.
Advait Energy Transitions Limited
Advait Energy Transitions Limited is focused on enabling India’s clean energy and electrification shift through manufacturing of energy storage, EV charging infra, power electronics and grid transition focussed solutions.
With market capitalization of Rs. 1,930 cr, the shares of Advait Energy Transitions Limited are currently trading at Rs. 1,760 per share, from its previous close of Rs. 1,774.65 per share.
Written by Manideep Appana
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
