dividend gets deposited in bank direct yes .. theytake account number from broker ....
and yes R.s 100 stock can get converted into R.s 200 even in less then 7 month
Yes read it right 7 months
1 example i can give ya is like Route mobile
If you bought that at R.s 1000 it s 2063 today money got doubled but only thing is YOU KNOW HOW To sit tight and not sell it when u get 200 300 r.s lol
Talk of compounding only after you have capacity to not sell share for 3 yrs.. else just keep it simple and keep goal money should be double every year screw the compounding lol