Patanjali Foods, Thomas Cook, and MMTC shares edged higher in the morning trade on Thursday, December 7, after the price band of the company's stock was lifted from 5 per cent to 10 per cent on the BSE.

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At around 10:10 a.m., shares of Patanjali Foods were up 2.99 per cent, MMTC was up 7.77 per cent and Thomas Cook was up 1.20 per cent on BSE. Adani Green Energy and Adani Total Gas shares also traded higher after their price band was increased from 10 per cent to 20 per cent. 

"Trading Members of the Exchange are hereby informed that, as a part of a review of the surveillance action, the price bands are revised in the various scrips. The revised price band will be effective from November 7, 2023," BSE said in its notice.

What is a price band?

A price band is a value-setting method in which a seller indicates an upper and lower cost range, between which buyers place bids. Apart from the above-mentioned stocks, 438 stocks' price bands have also been revised.

Scrip Name
Circuit Filter
From % To %
HMT Ltd 2 5
Setco Automotive Ltd 5 2
Modern Insulators Ltd 5 2
Kay Power and Paper Ltd 5 2
Garg Furnace Ltd 5 2
Super Crop Safe Ltd 5 2
Cindrella Financial Services Ltd 5 2
Saffron Industries Ltd 5 2
Madhucon Projects Ltd 5 2
Tarapur Transformers Ltd 5 2
Amba Enterprises Ltd 5 2
Rudra Global Infra Products Ltd 5 2
Shangar Decor Ltd 5 2
Kanungo Financiers Ltd 5 2
Samrat Forgings Ltd 5 2
FGP Ltd 5 10
PH Capital Ltd 5 10
Gujarat Lease Financing Ltd 5 10
HCL Infosystems Ltd 5 10
Prag Bosimi Synthetics Ltd 5 10
India Lease Development Ltd 5 10
Baroda Rayon Corporation Ltd 5 10
Punjab Communications Ltd 5 10
Patanjali Foods Ltd 5 10
Reliance Infrastructure Ltd 5 10
Thomas Cook (India) Ltd 5 10
Ucal Ltd 5 10
Global Offshore Services Ltd 5 10
DCM Ltd 5 10
Tilak Ventures Ltd 5 10
Bhagwati Autocast Ltd 5 10
Bombay Wire Ropes Ltd 5 10
Jaipan Industries Ltd 5 10
Arshiya Ltd 5 10
Pankaj Piyush Trade & Investment Ltd 5 10
Polychem Ltd 5 10
Wires & Fabriks SA Ltd 5 10
Paramount Cosmetics India Ltd 5 10
Cochin Malabar Estates & Industries Ltd 5 10
Nitin Castings Ltd 5 10
Lancor Holdings Ltd 5 10
Indian Infotech & Software Ltd 5 10
Banas Finance Ltd 5 10
GRP Ltd 5 10
Sanathnagar Enterprises Ltd 5 10
Garware Marine Industries Ltd 5 10
Madhusudan Securities Ltd 5 10
V B Desai Financial Services Ltd 5 10
India Cements Capital Ltd 5 10
Shrydus Industries Ltd 5 10
Nettlinx Ltd 5 10
YOGI Ltd 5 10
Saianand Commercial Ltd 5 10
Securekloud Technologies Ltd 5 10
Vama Industries Ltd 5 10
India Steel Works Ltd 5 10
MMTC Ltd 5 10
Yarn Syndicate Ltd 5 10
Garware Synthetics Ltd 5 10
Jumbo Bag Ltd 5 10
3P Land Holdings Ltd 5 10
Ventura Textiles Ltd 5 10
Digispice Technologies Ltd 5 10
Websol Energy System Ltd 5 10
Chordia Food Products Ltd 5 10
CIAN Agro Industries & Infrastructure Ltd 5 10
Jay Bharat Maruti Ltd 5 10
Starlog Enterprises Ltd 5 10
Titan Intech Ltd 5 10
Dhanlaxmi Fabrics Ltd 5 10
Sanblue Corporation Ltd 5 10
Batliboi Ltd 5 10
Gujarat Apollo Industries Ltd 5 10
Candour Techtex Ltd 5 10
Kokuyo Camlin Ltd 5 10
Phaarmasia Ltd 5 10
Flex Foods Ltd 5 10
Sayaji Hotels Ltd 5 10
Ecoboard Industries Ltd 5 10
Hindustan Fluorocarbons Ltd 5 10
Venlon Enterprises Ltd 5 10
Oxygenta Pharmaceutical Ltd 5 10
Sandu Pharmaceuticals Ltd 5 10
Phyto Chem India Ltd 5 10
Supertex Industries Ltd 5 10
Premier Explosives Ltd 5 10
Orient Press Ltd 5 10
Kkalpana Industries (India) Ltd 5 10
Vision Cinemas Ltd 5 10
Sanghi Industries Ltd 5 10
Texel Industries Ltd 5 10
Polo Hotels Ltd 5 10
Garnet Construction Ltd 5 10
Howard Hotels Ltd 5 10
Pressure Sensitive Systems India Ltd 5 10
Bilcare Ltd 5 10
ISF Ltd 5 10
Rishi Laser Ltd 5 10
Rajasthan Gases Ltd 5 10
Atharv Enterprises Ltd 5 10
Rajasthan Tube Manufacturing Company Ltd 5 10
Sainik Finance & Industries Ltd 5 10
Sumedha Fiscal Services Ltd 5 10
Saboo Sodium Chloro Ltd 5 10
Cosco India Ltd 5 10
NCL Research & Financial Services Ltd 5 10
U. Y. Fincorp Ltd 5 10
Goyal Associates Ltd 5 10
Alps Industries Ltd 5 10
Ovobel Foods Ltd 5 10
BNR Udyog Ltd 5 10
Sunshield Chemicals Ltd 5 10
NG Industries Ltd 5 10
Libord Securities Ltd 5 10
Alfavision Overseas India Ltd 5 10
India Gelatine & Chemicals Ltd 5 10
Roselabs Finance Ltd 5 10
Eastern Treads Ltd 5 10
Sparc Electrex Ltd 5 10
Mega Corporation Ltd 5 10
Mohit Industries Ltd 5 10
ACE Software Exports Ltd 5 10
KMF Builders & Developers Ltd 5 10
Gogia Capital Services Ltd 5 10
Suraj Ltd 5 10
Khandwala Securities Ltd 5 10
Sawaca Business Machines Ltd 5 10
Kashyap Tele-Medicines Ltd 5 10
Odyssey Corporation Ltd 5 10
Sam Industries Ltd 5 10
LCC Infotech Ltd 5 10
Sindhu Trade Links Ltd 5 10
BSEL Algo Ltd 5 10
Archies Ltd 5 10
Orchasp Ltd 5 10
Omni AXs Software Ltd 5 10
Softsol India Ltd 5 10
Virinchi Ltd 5 10
First Fintec Ltd 5 10
Axiscades Technologies Ltd 5 10
Shalimar Wires Industries Ltd 5 10
Mcleod Russel India Ltd 5 10
Repro India Ltd 5 10
Gillanders Arbuthnot & Company Ltd 5 10
Inditrade Capital Ltd 5 10
Deep Energy Resources Ltd 5 10
JHS Svendgaard Laboratories Ltd 5 10
GTL Infrastructure Ltd 5 10
AMD Industries Ltd 5 10
Lehar Footwears Ltd 5 10
Take Solutions Ltd 5 10
Magnum Ventures Ltd 5 10
Dhani Services Ltd 5 10
Rane Engine Valve Ltd 5 10
CHL Ltd 5 10
Texmo Pipes and Products Ltd 5 10
Satchmo Holdings Ltd 5 10
Futuristic Solutions Ltd 5 10
Maxheights Infrastructure Ltd 5 10
Looks Health Services Ltd 5 10
Lypsa Gems & Jewellery Ltd 5 10
Advance Metering Technology Ltd 5 10
Trio Mercantile & Trading Ltd 5 10
Comfort Fincap Ltd 5 10
S V Global Mill Ltd 5 10
Quest Softech (India) Ltd 5 10
Money Masters Leasing & Finance Ltd 5 10
GCM Commodity & Derivatives Ltd 5 10
PVV Infra Ltd 5 10
S R G Securities Finance Ltd 5 10
ETT Ltd 5 10
Mangalam Industrial Finance Ltd 5 10
Viji Finance Ltd 5 10
Sharp Investments Ltd 5 10
Niyogin Fintech Ltd 5 10
Indo Cotspin Ltd 5 10
Panafic Industrials Ltd 5 10
Vani Commercials Ltd 5 10
PTC Industries Ltd 5 10
Bangalore Fort Farms Ltd 5 10
Arfin India Ltd 5 10
Genomic Valley Biotech Ltd 5 10
Srestha Finvest Ltd 5 10
Alstone Textiles (India) Ltd 5 10
Ortin Laboratories Ltd 5 10
Vishal Bearings Ltd 5 10
Decorous Investment & Trading Co Ltd 5 10
Panorama Studios International Ltd 5 10
Abhishek Infraventures Ltd 5 10
Remedium Lifecare Ltd 5 10
Delta Industrial Resources Ltd 5 10
Credent Global Finance Ltd 5 10
BFL Asset Finvest Ltd 5 10
Fredun Pharmaceuticals Ltd 5 10
LE Lavoir Ltd 5 10
Superior Finlease Ltd 5 10
NINtec Systems Ltd 5 10
Nagarjuna Fertilizers and Chemicals Ltd 5 10
Confidence Futuristic Energetech Ltd 5 10
ECS Biztech Ltd 5 10
Sprayking Agro Equipment Ltd 5 10
Riddhi Steel and Tube Ltd 5 10
Ishaan Infrastructures and Shelters Ltd 5 10
ARC Finance Ltd 5 10
HPL Electric & Power Ltd 5 10
Southern Infosys Ltd 5 10
Yug Decor Ltd 5 10
KIOCL Ltd 5 10
Lasa Supergenerics Ltd 5 10
Medico Remedies Ltd 5 10
Lorenzini Apparels Ltd 5 10
Kenvi Jewels Ltd 5 10
The Indian Wood Products Company Ltd 5 10
Active Clothing Co Ltd 5 10
KBC Global Ltd 5 10
Akshar Spintex Ltd 5 10
Vivanta Industries Ltd 5 10
Manorama Industries Ltd 5 10
S. M. Gold Ltd 5 10
Diksha Greens Ltd 5 10
Nivaka Fashions Ltd 5 10
KPI Green Energy Ltd 5 10
Jonjua Overseas Ltd 5 10
Evans Electric Ltd 5 10
Seacoast Shipping Services Ltd 5 10
Vaxfab Enterprises Ltd 5 10
Gian Life Care Ltd 5 10
Natural Biocon (India) Ltd 5 10
Bonlon Industries Ltd 5 10
Veer Global Infraconstruction Ltd 5 10
MRP Agro Ltd 5 10
Suumaya Corporation Ltd 5 10
EKI Energy Services Ltd 5 10
Navoday Enterprises Ltd 5 10
Aashka Hospitals Ltd 5 10
Naapbooks Ltd 5 10
DMR Hydroengineering & Infrastructures Ltd 5 10
Safa Systems & Technologies Ltd 5 10
Achyut Healthcare Ltd 5 10
Nanavati Ventures Ltd 5 10
Tierra Agrotech Ltd 5 10
Veerkrupa Jewellers Ltd 5 10
Dipna Pharmachem Ltd 5 10
PNGS Gargi Fashion Jewellery Ltd 5 10
Aveer Foods Ltd 5 10
Kamdhenu Ventures Ltd 5 10
S. V. J. ENTERPRISES Ltd 5 10
Amanaya Ventures Ltd 5 10
Exhicon Events Media Solutions Ltd 5 10
Sancode Technologies Ltd 5 10
Sigma Solve Ltd 5 10
Alphalogic Industries Ltd 5 10
Acceleratebs India Ltd 5 10
Hisar Metal Industries Ltd 5 10
Khaitan (India) Ltd 5 10
Sundaram Brake Linings Ltd 5 10
Andhra Cements Ltd 5 10
Force Motors Ltd 5 20
State Trading Corporation of India Ltd 5 20
Indo Borax & Chemicals Ltd 5 20
Patel Engineering Ltd 5 20
Brightcom Group Ltd 5 20
Shashank Traders Ltd 5 20
Axita Cotton Ltd 5 20
Ritco Logistics Ltd 5 20
Jet Infraventure Ltd 10 5
Arcee Industries Ltd 10 5
Octal Credit Capital Ltd 10 5
Swati Projects Ltd 10 5
Risa International Ltd 10 5
Aruna Hotels Ltd 10 20
HLV Ltd 10 20
Kinetic Engineering Ltd 10 20
Lords Chloro Alkali Ltd 10 20
National Peroxide Ltd 10 20
NIIT Ltd 10 20
Salora International Ltd 10 20
Prismx Global Ventures Ltd 10 20
Zodiac Ventures Ltd 10 20
Mediaone Global Entertainment Ltd 10 20
Modipon Ltd 10 20
Kaycee Industries Ltd 10 20
Brady & Morris Engineering Company Ltd 10 20
La Tim Metal & Industries Ltd 10 20
Singer India Ltd 10 20
IVP Ltd 10 20
Netlink Solutions India Ltd 10 20
Indag Rubber Ltd 10 20
Caprihans India Ltd 10 20
Inter Globe Finance Ltd 10 20
Shristi Infrastructure Development Corporation Ltd 10 20
Veerhealth Care Ltd 10 20
Ajcon Global Services Ltd 10 20
Nimbus Projects Ltd 10 20
Prism Medico and Pharmacy Ltd 10 20
Ashirwad Capital Ltd 10 20
Swasti Vinayaka Art And Heritage Corporation Ltd 10 20
Starteck Finance Ltd 10 20
Nirav Commercials Ltd 10 20
Ganon Products Ltd 10 20
Kohinoor Foods Ltd 10 20
Orbit Exports Ltd 10 20
Acrow India Ltd 10 20
Krishanveer Forge Ltd 10 20
Baroda Extrusion Ltd 10 20
Raghuvir Synthetics Ltd 10 20
Duroply Industries Ltd 10 20
SPEL Semiconductor Ltd 10 20
Magna Electro Castings Ltd 10 20
Elnet Technologies Ltd 10 20
NHC Foods Ltd 10 20
Williamson Magor & Company Ltd 10 20
VSF Projects Ltd 10 20
ABC India Ltd 10 20
Sibar Auto Parts Ltd 10 20
Nagreeka Exports Ltd 10 20
Prime Urban Development India Ltd 10 20
ITI Ltd 10 20
Avi Products India Ltd 10 20
Orchid Pharma Ltd 10 20
Ishita Drugs & Industries Ltd 10 20
Camex Ltd 10 20
Evexia Lifecare Ltd 10 20
Gagan Gases Ltd 10 20
Sikozy Realtors Ltd 10 20
Titan Biotech Ltd 10 20
Link Pharma Chem Ltd 10 20
Photoquip India Ltd 10 20
Intec Capital Ltd 10 20
Sonal Adhesives Ltd 10 20
Moongipa Capital Finance Ltd 10 20
Odyssey Technologies Ltd 10 20
Hindustan Tin Works Ltd 10 20
KBS India Ltd 10 20
Lykis Ltd 10 20
Roopa Industries Ltd 10 20
United Credit Ltd 10 20
Hemang Resources Ltd 10 20
Refex Renewables & Infrastructure Ltd 10 20
Available Finance Ltd 10 20
WinPro Industries Ltd 10 20
CG Vak Software & Exports Ltd 10 20
Maruti Infrastructure Ltd 10 20
Bampsl Securities Ltd 10 20
Orosil Smiths India Ltd 10 20
Biogen Pharmachem Industries Ltd 10 20
Kaiser Corporation Ltd 10 20
Metal Coatings India Ltd 10 20
Rodium Realty Ltd 10 20
CCL International Ltd 10 20
Unistar Multimedia Ltd 10 20
Mohite Industries Ltd 10 20
HB Estate Developers Ltd 10 20
California Software Company Ltd 10 20
Avantel Ltd 10 20
Olectra Greentech Ltd 10 20
Oriental Trimex Ltd 10 20
Hilton Metal Forging Ltd 10 20
Lotus Eye Hospital And Institute Ltd 10 20
Suryaamba Spinning Mills Ltd 10 20
RDB Realty & Infrastructure Ltd 10 20
Innovassynth Investments Ltd 10 20
STEL Holdings Ltd 10 20
Indo Thai Securities Ltd 10 20
Tera Software Ltd 10 20
Shanti Guru Industries Ltd 10 20
PC Jeweller Ltd 10 20
Bothra Metals & Alloys Ltd 10 20
KIFS Financial Services Ltd 10 20
Integra Essentia Ltd 10 20
VCU Data Management Ltd 10 20
Karnimata Cold Storage Ltd 10 20
Infronics Systems Ltd 10 20
R&B Denims Ltd 10 20
Zinema Media And Entertainment Ltd 10 20
Naysaa Securities Ltd 10 20
JLA Infraville Shoppers Ltd 10 20
Captain Pipes Ltd 10 20
Sofcom Systems Ltd 10 20
Tirupati Tyres Ltd 10 20
Panth Infinity Ltd 10 20
Balkrishna Paper Mills Ltd 10 20
Mangalam Seeds Ltd 10 20
AVI Polymers Ltd 10 20
Deep Diamond India Ltd 10 20
Vidli Restaurants Ltd 10 20
Ganga Pharmaceuticals Ltd 10 20
Mega Nirman and Industries Ltd 10 20
Advik Capital Ltd 10 20
Umiya Tubes Ltd 10 20
Madhav Infra Projects Ltd 10 20
Colorchips New Media Ltd 10 20
Manomay Tex India Ltd 10 20
Captain Technocast Ltd 10 20
Sadhna Broadcast Ltd 10 20
Ashoka Metcast Ltd 10 20
Shiva Mills Ltd 10 20
Angel Fibers Ltd 10 20
Hardwyn India Ltd 10 20
Dr Lalchandani Labs Ltd 10 20
Indo Us Bio-Tech Ltd 10 20
Innovators Facade Systems Ltd 10 20
Affordable Robotic & Automation Ltd 10 20
Nakoda Group of Industries Ltd 10 20
Shubham Polyspin Ltd 10 20
Roni Households Ltd 10 20
Nila Spaces Ltd 10 20
Northern Spirits Ltd 10 20
V R Films & Studios Ltd 10 20
Vikas Lifecare Ltd 10 20
G. K. P. Printing & Packaging Ltd 10 20
SBC Exports Ltd 10 20
Janus Corporation Ltd 10 20
Octavius Plantations Ltd 10 20
RO Jewels Ltd 10 20
AA Plus Tradelink Ltd 10 20
Tatva Chintan Pharma Chem Ltd 10 20
Shri Venkatesh Refineries Ltd 10 20
Dev Information Technology Ltd 10 20
Uma Exports Ltd 10 20
Sailani Tours N Travels Ltd 10 20
Concord Control Systems Ltd 10 20
Bodhi Tree Multimedia Ltd 10 20
Labelkraft Technologies Ltd 10 20
Bright Outdoor Media Ltd 10 20
CFF Fluid Control Ltd 10 20
Bizotic Commercial Ltd 10 20
Cosmic CRF Ltd 10 20
Senco Gold Ltd 10 20
Ahasolar Technologies Ltd 10 20
VL E-Governance & IT Solutions Ltd 10 20
Fertilizers and Chemicals Travancore Ltd 10 20
KG Petrochem Ltd 20 5
Salem Erode Investments Ltd 20 10
Adani Green Energy Ltd 20 10
Adani Total Gas Ltd 20 10
Eighty Jewellers Ltd 20 10
Robust Hotels Ltd 20 10

Why a revision in the price band?

Bourses revise the price band as a part of a review of the surveillance action. BSE uses a circuit filter mechanism to check excessive volatility in a scrip. It is the maximum fluctuation that is allowed in a stock in a day.

Market watchdog Securities and Exchange Board of India (SEBI) has prescribed that all individual scrips will have appropriate price bands up to 20 per cent either way, except for the scrips having derivatives products on them.

Accordingly, the stock exchanges, as a surveillance measure, revise the price bands of the scrips. The said revision is based on the pre-determined objective criteria jointly decided by the exchanges in consultation with SEBI.

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