NSE, BSE to put Adani Power under additional surveillance again

NSE and BSE said they will include Adani Power under the short-term additional surveillance measure (ASM) framework from Thursday.

Adani Power is shortlisted in short-term ASM framework Stage-I effective March 23, according to separate circulars available on the exchanges.

The move also comes close on the heels of the two exchanges moving Adani group stocks, Adani Green Energy and NDTV, from the second stage of the long-term ASM framework to Stage I.

Earlier, both the exchanges had put Adani Power along with Adani Enterprises and Adani Wilmar under short-term ASM on March 8. However, these three stocks were excluded from the short-term ASM framework on March 17.

Currently, there is no Adani group stock in the short-term ASM framework.