BPL Ltd. which saw a steady upward march on frantic buying by bulls and other interested parties, shot up to a recent high of Rs 362.90 on DSE only to attract an upper limit freeze or the circuit breaker.

In volatile movements, BPL Ltd share prices commenced on a strong footing at Rs 362.90 and surged to freeze at Rs 361.90. Though it plunged to Rs 348.25 during the day on heavy profit selling by operators.

BPL shares were quoted at Rs 328.70 on Friday last and notched up Rs 33.20 at Rs 361.90 in just two trading sessions.

The decision was taken close on the heels of special margins imposed yesterday on Videocon International, SKG Systel and HCL HP.

DSE sources said the 15 per cent margin was applicable to all purchases except in case of transactions less than Rs 25,000. Jobbing done on the same day for the same client would also beexempted from the margin.

In case of transactions equalling or exceeding Rs 25,000, the entire margin will have to be paid, the sources said, adding that these margin would be apart from the ususal margin to gross exposure and mark to market margin.