Stock Market

10% to 20%: MosChip Technologies, Ola and 7 Other Stocks Whose Price Band Has Changed

Alex Smith

Alex Smith

6 days ago

5 min read 👁 4 views
10% to 20%: MosChip Technologies, Ola and 7 Other Stocks Whose Price Band Has Changed

Synopsis: Several Indian stocks, including Hind Rectifiers Ltd, ASK Automotive Ltd, MosChip Technologies Limited, and six other stocks and more, and others, have had their price bands increased from 10% to 20% today, allowing greater daily price movement.

In the stock market, price bands, also known as circuit limits, are rules established by exchanges to regulate the daily price fluctuations of a stock and mitigate excessive volatility.

When a stock’s price band changes from 10% to 20%, it means the daily price movement limit has been increased, allowing the stock’s price to rise or fall by up to 20% from the previous day’s closing price instead of just 10%. This adjustment is usually made by exchanges like NSE or BSE when the stock experiences higher trading activity or significant price changes.

Increasing the price band to 20% helps provide more flexibility for price discovery while still protecting investors from extreme fluctuations. Below is a list of a few stocks where the price band has changed from 10% to 20% on February 05. Here is the List of stocks to look out for: 

Hind Rectifiers Limited

Hind Rectifiers Limited is an Indian company specializing in the manufacturing of power electronics products, including rectifiers, inverters, batteries, and industrial power solutions. The company serves sectors such as industrial, renewable energy, and railway electrification, focusing on providing reliable, high-quality, and efficient power solutions. The stock’s price band was changed on 05 th February from 10% to 20%. 

ASK Automotive Ltd

ASK Automotive Ltd, founded in 1988, is a leading Indian manufacturer of advanced braking systems (ABS), safety control cables, and aluminum lightweighting precision solutions for two-wheelers. The company operates many manufacturing facilities, serves major OEMs like Honda, Hero, and TVS, and is expanding into the EV sector. The stock’s price band was changed on 05 th February from 10% to 20%.  

MosChip Technologies Limited

MosChip Technologies Limited (est. 1999) is a Hyderabad-based, publicly traded fabless semiconductor and embedded design services company. It specializes in turn-key digital/mixed-signal ASICs, SerDes IP, and Internet of Things (IoT) solutions for aerospace, defense, consumer, and industrial applications. The stock’s price band was changed on 05 th February from 10% to 20%.  

Black Box Ltd

Black Box Limited (formerly AGC Networks) is a leading global digital infrastructure integrator, established in 1986 and headquartered in Navi Mumbai, India, with a strong presence in over 35 countries. It provides end-to-end IT solutions, including connectivity infrastructure, data centers, a modern workplace, and cybersecurity. The stock’s price band was changed on 05 th February from 10% to 20%.  

E2E Networks Limited

E2E Networks is an Indian cloud service provider that offers enterprise-grade cloud solutions, including public, private, and hybrid cloud services. The company focuses on delivering high-performance, scalable, and secure infrastructure to businesses, along with managed services, cloud hosting, and data center solutions. The stock’s price band was changed on 05 th February from 10% to 20%.  

G M Breweries Ltd

Breweries Limited (GMBL) was set up in the year 1981 by Shri Jimmy William Almeida. GMBL is engaged in the activities of manufacturing and marketing of Alcoholic Beverages, such as Country Liquor (CL) and Indian made Foreign Liquor (IMFL). The stock’s price band was changed on 05 th February from 10% to 20%.  

Orient Technologies Limited

Orient Technologies is a Mumbai-based IT solutions provider and system integrator specializing in IT infrastructure, cloud, and managed services. With many years of experience, it serves sectors like banking, healthcare, and manufacturing, offering data center solutions, end-user computing, and “Device as a Service” (DaaS). The stock’s price band was changed on 05 th February from 10% to 20%.  

V2 Retail Limited

V2 Retail Limited is a prominent Indian value retail chain focusing on affordable fashion and lifestyle products for the middle-class segment. Operating primarily in Tier-II and Tier-III cities, it offers a wide range of apparel, footwear, and household items. The stock’s price band was changed on 05 th February from 10% to 20%.  

Ola Electric Mobility Limited

Ola Electric Mobility Limited is an Indian company focused on designing, manufacturing, and selling electric vehicles, particularly electric scooters. The company aims to promote sustainable transportation solutions by providing eco-friendly, affordable, and innovative mobility options. The stock’s price band was changed on 05 th February from 10% to 20%.  Why does the price band change from 10% to 20%? Stocks are moved from a 10% band to a 20% band to better accommodate larger price movements while still managing risk. Here’s why this happens:

  • Increased price volatility: When a stock’s price shows bigger swings beyond the 10% limit, exchanges increase the band to 20% to allow natural price discovery.
  • Surge in trading activity: Heavy buying or selling can cause sharp price moves, so a wider band prevents frequent trading halts and helps smooth trading.
  • Investor protection: While the band is increased, the limit still prevents extremely large, uncontrolled price swings that could harm investors.
  • Reduce speculative trading: By adjusting the band, exchanges aim to balance quick trading without causing unnecessary panic or instability.
  • Part of regular market monitoring: Exchanges continuously monitor stocks and adjust bands based on their trading patterns to maintain fair and orderly markets.

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.

The post 10% to 20%: MosChip Technologies, Ola and 7 Other Stocks Whose Price Band Has Changed appeared first on Trade Brains.

Related Articles