BSE sets circuit limit of 10 for UB scrip

BSE said in a circular that the price of UB Holdings Ltd cannot change by more than 10 per cent in a day.

It has also set an upper limit of 10 per cent for Viceroy Hotels,Global Capital Markets,Mavens Biotech and Transport Corporation of India. While the limits for UB Engineering and Prime Industries have been set at 5 per cent and 2 per cent.

Trading members of the exchange are hereby informed that the circuit filters have been changed from their existing levels in the scrips with effect from January 2,2014, BSE said.

Sebi recently changed the methodology for circuit limits involving key indices like Nifty and Sensex. It said that the limit would be calculated on a daily basis.