How are bonus shares adjusted in my FYERS holdings?
When a company issues bonus shares, the buy price of the bonus shares in your FYERS account is updated as ₹0. This results in a new buy average for your holdings after the adjustment.
For example, if you originally held 100 shares with a buy average of ₹100, and a 1:1 bonus issue occurs (you receive 100 additional shares), your total holdings will become 200 shares. The new buy average will be calculated as ₹10,000 (the original total investment) divided by 200 shares, resulting in a revised buy average of ₹50 per share.
Related Articles
What can I view in the Holdings tab on FYERS?
The Holdings tab in FYERS is your go-to dashboard for tracking all your delivery-based investments. It provides a unified view of your Stocks and Mutual Funds with real-time valuation, quantities, and profit/loss metrics. Sections within the Holdings ...
Can I sell my pledged shares without unpledging them at FYERS?
Yes, you can sell shares that are currently pledged, effective from 1st December 2024. However, if you have utilised your collateral margin, any quantity of shares you sell will release the corresponding margin, which will be adjusted accordingly. ...
Can I transfer my shares or mutual funds from an NSDL Demat account to FYERS?
Yes, you can transfer your shares or mutual fund holdings from an NSDL Demat account to your FYERS Demat account. The transfer is initiated by your current broker and requires documentation from both FYERS and your existing depository participant ...
Why am I encountering an 'Invalid quantity' error when applying for a Buyback of shares on FYERS?
This specific error crops up when the quantity you bid for exceeds the quantity of shares you currently possess. For example, Mr. Anuj, a client at FYERS, has 10 shares of TCS in his holdings. Eager to participate in the Buyback, he mistakenly bids ...
What actions can I take on my stock holdings in FYERS?
When you click on any stock in the FYERS “Holdings” tab, a detailed side sheet opens up — giving you a full view of performance and tools to act on your investment. You can trade, analyse, or manage each stock with just a few clicks. Actions You Can ...