Company Categorization by the Exchanges

[sangitadas62]

1. Are shares categorised as A/B/..Z both in BSE and NSE?

2. Can shares of companies switch from one such category to another?Some new companies can start as a z category and it improves so that it comes under A category in 5 years..is that possible?

 

[bunny]

A, B, M, T2T, Z, etc... grouping in used in BSE.
In NSE, there is a 'series'...example EQ, T2T, Z, etc.

Yes, scrips can change groups according to surveillance policies of the exchange or regulatory influence.