purchase syncom formulation shares

[Bhuvan]

@Parameswari_R

When I purchase syncom formulation It’s showing blocked for all transactions… but shares are being transacted by others… Whts the reason

Explained here -

Why doesn't Zerodha allow buying of stocks in GSM and S+ category?

Hi, Scrips that form part of the GSM list are essentially scrips that witness price swings that aren’t in sync with the fundamentals of the company. While I agree that they are not ‘non tradable’; an investor still has to exercise extreme levels of caution before venturing into trading these securities. Also if these scrips form part of GSM Stage III and above, additional margins get levied sometimes as high as 200% of the traded value in addition to the purchase value. So if you’re buying st…