₹90
▼ -0.05 -0.06%
30 Jul 2026
NSE Listed · Steel
ESM · ESM 1What does ESM · ESM 1 mean?
NSE · Enhanced Surveillance Measure (ESM 1)ESM is the micro/small-cap ramp brake: it fires when a sub-₹1000cr stock's price variation is extreme versus its peer universe, or it's loss-making with a stretched valuation. Practical meaning: intraday speculation is shut off (Trade-for-Trade — every purchase must be taken to delivery), margins go to 100%, and at Stage II price discovery moves to periodic call auctions inside a 2% band.Criteria: Micro / small-cap companies (main-board market-cap below ₹500 cr) shortlisted on objective price parameters — high-low price variation, close-to-close price variation and standard deviation. Stage I = 100% margin + a ≤5% price band + Trade-for-Trade; Stage II = a 2% price band + periodic call auction.Exchange notice · 2026-07-14
P S Raj Steels Limited (PSRAJ)
Volume: 0Avg Vol 1W: 10,200Avg Vol 1M: 9,40952W Range:₹85₹439.95
More stocks
Prism Johnson Limited.Prudent Corporate Advisory Services Ltd.Prudential Sugar Corporation Ltd.Punjab & Sind BankParamount Speciality Forgings Ltd.PSP Projects LimitedPTC India LimitedPTC Industries LimitedPTL Enterprises Ltd.Pulz Electronics LimitedPunjab Chemicals & Crop Protection Ltd.Purple Finance Ltd.All “P” stocks →
Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search