Shares of same company !!!!

I

itsmejainh

New Member
#1
#1
Hi,

Suppose i bought 50 shares of company 'X' on 10th oct at Trading price of 'Rs 100'. And now i want to buy more shares (say 50 more) of same company 'X' and its trading price is now 'Rs 125'

That means i will be having :

50 shares @ Rs 100/share
and
50 shares @ Rs 120/share

Suppose, in future, the price of this share rises to 150 and i want to sell 50 shares. Then, which shares will be sold. How the system will recognise??

Please help...
 
anayash

anayash

Well-Known Member
#2
#2
itsmejainh said:
Hi,

Suppose i bought 50 shares of company 'X' on 10th oct at Trading price of 'Rs 100'. And now i want to buy more shares (say 50 more) of same company 'X' and its trading price is now 'Rs 125'

That means i will be having :

50 shares @ Rs 100/share
and
50 shares @ Rs 120/share

Suppose, in future, the price of this share rises to 150 and i want to sell 50 shares. Then, which shares will be sold. How the system will recognise??

Please help...
Click to expand...
the system will average out your buy price to 110((100+120)/2) & when u sell 50 shares at 150...ur profit will be 50*(150-110)=50*40=2000 & u will hold the remaining 50 shares at 110!
 
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