What are the various Groups in BSE - Group A, B, M, T, XT etc.?

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Group A

A. Company Selection Criteria

1.     BSE Top performing companies classified under Group ‘A’ & ‘B’ Group shall be considered for the purpose of review. Further, companies traded under the permitted category at BSE and scrips traded under physical mode shall be kept out of the ambit of classification in Group ‘A’.

2.     A company must have been listed for a minimum period of 3 months. However, an exception to this criterion would be granted to:
a. A company, which is permitted to trade in the F&O segment from the date of its listing
b. A company listed subsequent to any corporate action involving a scheme of arrangement for merger/ demerger/ capital restructuring etc.
c. Newly listed companies with a market capitalization of more than Rs. 1 lac crore would be admitted under ‘A’ Group on the date of listing

3.     The company traded for a minimum of 98% of the trading days in the last quarter shall be considered eligible.

4.     The list of companies is further screened for investigation & and compliance by the Dept. of Surveillance & Supervision (DOSS). The companies with negative investigation
observation are considered ineligible for this review.


B) Scoring Mechanism for Group ‘A’ Companies

1.     Last quarter's average free float Market Capitalization of a company (50%)

2.     Last quarter average Turnover (BSE + NSE) of a company (25%)

3.     Corporate Governance (10%) (Source of Information – Latest Annual Report Submitted by a company)

4.     Compliance Monitoring (10%)

5.     Responsible Investment (5%) (Source of Information – Latest Annual Report Submitted by a company and its website)

Group B

All companies not classified in any other group are classified as Group B companies. These can be considered as normal listed companies not satisfying the criteria of Group A nor do they have any negative connotation like some of the other Groups.

Group T 

The criteria on which stocks are included in Group T are: 

  1. Stocks that are newly listed.
  2. Stocks of abnormal volatility.
  3. Stocks with overvalued P/E (greater than 25% variation)
  4. Stocks that are not from the derivative segment. 

 

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