NSE lowers price band on two Adani firmsStock exchanges set the circuit limits to prevent large movements in the price of stocks in a very short time.
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Gautam Adani. Credit: Reuters Photo
Indian bourse National Stock Exchange of India (NSE) has revised the circuit limits of Adani Green Energy Ltd and Adani Transmission Ltd to 5 per cent, according to data on its website on Monday.
The NSE had revised the price bands of both companies to 10 per cent from 20 per cent last week.
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Stock exchanges set the circuit limits to prevent large movements in the price of stocks in a very short time.