The board concludes that those companies whose price has increased by 300 percent or more in the last one year, companies with P/E ratio of 100 or above, with a loss per share, stock price below face value, net worth below face value are risky stocks.
The list includes microfinance, hydropower, finance and insurance companies.
The board informed that these companies are being investigated for securities offenses like insider trading, circular trading and cornering.
The list of 51 risky companies published by SEBON can also be viewed by clicking here.
