leading stock exchange BSE has put in place 'S+ Framework' for enhanced monitoring of companies which are exclusively traded on its platform. The 'S+ Framework', which would be in addition to the existing surveillance measures, would also keep a check on shares which witness price rise not commensurate with their financial health and fundamentals like earnings, or witness spurt in volumes without any corporate event.
Under 'S+ Framework', shares being settled on normal rolling basis will be placed in 'SS' group, while those being settled on trade to trade basis will come in 'ST' group, BSE said in a notice.