What is ESM?

ESM stands for Enhanced Surveillance Measure. It is applied to smaller listed companies typically those on the SME platform or companies with a small market cap that show signs of price manipulation or sudden unexplained price surges. The key difference between ESM and ASM or GSM is the type of […]

What is GSM?

GSM stands for Graded Surveillance Measure. It is a stricter surveillance framework compared to ASM and is applied to stocks where weak company fundamentals are combined with unusual price activity, typically stocks of small companies whose share prices are rising sharply despite poor financial performance. GSM has six stages, with […]

What is ASM?

ASM stands for Additional Surveillance Measure. It is a framework introduced by NSE and BSE to monitor stocks that show abnormal price and volume movement stocks that are rising or falling too sharply without any clear business reason behind it. When a stock is placed under ASM, it does not […]

Can I sell my holdings in a stock under surveillance?

In most cases, yes. Selling your existing holdings is generally permitted even when a stock is under surveillance. The exchange’s primary goal is to control fresh speculative buying not to prevent existing investors from exiting their positions. However, in certain advanced stages of surveillance frameworks like GSM, even selling may […]

How long does a stock remain under surveillance?

There is no fixed timeline. A stock can remain under surveillance for a few weeks or several months; it entirely depends on the exchange’s review and whether the stock’s trading behaviour returns to normal. Exchanges review surveillance stocks periodically. If the unusual activity that triggered the flag has stopped and […]

How does Samco monitor stocks for unusual activity?

Samco does not monitor stocks independently for surveillance. This is done at the exchange level by NSE and BSE using their own surveillance systems that track price movements, trading volumes, and patterns across all listed stocks every single day. When the exchange flags a stock and places it under a […]