Polycab shares fall 5% after F&O exclusion
In short
Polycab shares fell 5% after the stock was excluded from the futures and options segment. The report says a stock cannot return to F&O for 12 months and must meet the rules for six months in a row after that.
This matters because F&O exclusion can reduce trading interest in the stock. The report does not give the effective date or any company response.
What the reporting says
Polycab shares fell 5% after exclusion from the futures and options segment, according to the market report. The source says a stock removed from F&O cannot be re-included for 12 months and must meet the criteria for six straight months afterward, but it does not state when Polycab’s exclusion takes effect or whether the company has commented. The immediate impact is pressure on the stock.
Why it matters
Polycab’s stock dropped 5% after news of exclusion from the F&O segment. The report highlights the rule that re-entry is barred for 12 months and then depends on meeting criteria for six months, but it does not state the effective date or any operational reason for the exclusion. The direct market effect is a negative move in the shares.