Newbie question: What are "S" group" stocks?

[vasa1]

Hello:

What are S group stocks on BSE and what is their equivalent on NSE?

Are they in any way "bad"? Like Z group?

 

[sudoku1]

Hello:

What are S group stocks on BSE and what is their equivalent on NSE?

Are they in any way "bad"? Like Z group?

S stands for small cap cos & do not resemble the Z category.
NSE does not categorise its stocks in any group

 

[vasa1]

Thank you, Sudoku!

Vasa1

 

[maheshkhanna]

In fact I wanted to post a thread on this topic. How and why the stocks are categorized like Group A Group B Group Z etc?

can anyone explain please !!

Thanks
Mahesh

 

[vasa1]

Yes, help here is most essential! after Suduko1's response I looked up the ET pages and found that smaller cap stocks are in B1 group. So, again, I'm in doubt as to whether "S" means small cap or something else. Seniors, please help or point to a FAQ (so that newbies can RTFM!).

 

[Saand-Bhaaloo]

Hmm yet another thread for queries......, neways Suduko1 if you are reading this message then kindly participate on the following thread, as I believe you can be of lot help there.

http://www.traderji.com/beginners-guide/18296-any-query-confusion-visit-thread-get-answers-3.html

With Regards,
SB

 

[ashchilly]

hi everyone..
me too need d same answer..
anyone who is well versed.. help plz

 

[vasa1]

Hi All:

Re. the "S" group on BSE thread, I found this site on *NSE*

http://nseindia.com/content/equities/eq_serieslist.htm

This states that the "EQ" stands for shares in the regular rolling settlement while shares with "BT" are "Trade for Trade" and are under "surveillance". However, I don't fully understand this site. Any clarifacatory comments are most appreciated.

I searched for a equivalent site on BSE where the basis of putting stocks in A, B1, B2, S, and T (and Z) would be given but no luck so far.

 

[superprogrammer]

More here

FUNCTIONING OF STOCK EXCHANGE

LISTING

Listing of shares, on a stock exchange, means, such shares can be bought and sold, in stock exchange.

A Company, which intends to issue shares, through prospectus, shall have to apply to one or more stock exchanges, for getting its shares listed.

The detailed and elaborate procedure of getting the shares listed on a stock exchange is monitored by SEBI. The SEBI, issues guidelines and notifications, from time to time, with regard to listing of securities.

Once the shares are listed, the are divided into two categories:

1. GROUP "A" SHARES
2. GROUP "B" SHARES

GROUP "A" SHARES: are referred to as " Cleaned Securities " or " specified shares". The facility for carrying forward a transaction from one account period to another is available for these shares. Group "A" shares represent companies, with huge amount of capital, and equally a large scope for investment. These shares are frequently traded and command higher price earning multiples.

GROUP "B" SHARES: are referred to as, Non cleaned securities or non-specified shares. For these groups facility of carrying forward is not available.

Whenever a share is moved from Group "B" to Group "A" its market price rises; likewise, when a share is shifted from Group "A" to Group "B", its market price declines. There are some criteria and guide lines, laid down by stock exchange, for shifting stocks from the non-specified list to the specified list.



VARIOUS ORDERS AND TRANSACTIONS:
SETTLEMENT CYCLES

There are various types of orders, which can be placed by the buyer or seller. They are:

Market Order
A market order is to be executed as soon as possible at the best prevailing price in the market.

Limit order
A limit order is constrained by the price limits specified by the investor. The seller specifies the minimum price that the security must fetch, and the buyer specifies the maximum price that he is willing to pay.

A Day order
A day order remains valid only for the day when it is placed. If the order is not executed on that day, it automatically lapses.

A Week order
A week order is one, which is active for a week

A Month order
A month order is an order, which is valid for one month.

An open order
An open order is an order, which is valid for one month. An open order remains in effect until it is executed or cancelled.


Similarly there are certain types of transactions, which are allowed on the stock exchanges. They are:

Transactions for Spot delivery
The delivery and payment is effected within the time or on the date stipulated when entering into the transaction or within fourteen days, whichever is shorter.


Transaction for Hand delivery
These transactions also referred to as the transaction for "the account", are cleared and settled through the clearing house.


Transactions for special delivery
The delivery and payment is effected within any time exceeding fourteen days following the date of the contact as may be stipulated when entering into the transaction, provided the same is permitted by the governing board or the president of the exchange.

http://www.managementparadise.com/forums/archive/index.php/t-13397.html

 

[sanjaybuzz]

The "T" Group represents scrips which are settled on a trade-to-trade basis as a surveillance measure.

The "S" Group represents scrips forming part of the "BSE-Indonext" segment.

The "TS" Group consists of scrips in the "BSE-Indonext" segment, which are settled on a trade-to- trade basis as a surveillance measure.

The 'Z' group was introduced by BSE in July 1999 and includes companies which have failed to comply with its listing requirements and/or have failed to resolve investor complaints and/or have not made the required arrangements with both the depositories, viz., Central Depository Services (I) Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) for dematerialization of their securities