NSE cuts lot sizes of 75 SME stocks - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
SEBI raises concerns over manipulation in SME segment, leading to a 5% fall in S&P BSE SME IPO index. 41 SME stocks, including Atmastco, Inflame Appliances, Srivasavi Adhesive Tapes, and Goyal Salt, witnessed double-digit fall. SEBI may implement disclosures for SME IPOs amidst price manipulation instances.
234 companies have raised funds from Indian markets so far in 2023, with a significant portion of 176 companies falling within the SME category. In comparison, CY22 witnessed 103 SMEs entering the market; the number was 52 in 2021, 31 in 2020, and 31 in 2019.