Go Back   Team-BHP > Around the Corner > Shifting gears


View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs. 220 31.88%
26 - 50% -- I have a few stocks. 307 44.49%
51 - 75% -- I'm an active trader. 113 16.38%
76 - 100% -- Hey, I'm an i-banker!!! 50 7.25%
Voters: 690. You may not vote on this poll

Reply
 
Thread Tools Search this Thread
Old 29th June 2012, 23:49   #2041
BHPian
 
Join Date: Oct 2011
Location: mumbai
Posts: 450
Thanked: 181 Times
Default Re: Do you play the stock market

Quote:
Originally Posted by singleton View Post
Is Cairn India a good stock to buy now - considering that the parent company is selling a good percentage of their shares which would keep the prices down for some time?
Singleton
Hi
It tanked a bit today.
Obviously the market did not like the parent company's action.
I am also keen to know about it.I am a value investor rather than a momentum trader.
Somebody will have to guide us.
Regards
faustus77 is offline   Reply With Quote
Old 30th June 2012, 00:19   #2042
BHPian
 
singleton's Avatar
 
Join Date: Aug 2011
Location: Bangalore
Posts: 93
Thanked: 42 Times
Default Re: Do you play the stock market

Quote:
Originally Posted by faustus77 View Post
Singleton
Hi
It tanked a bit today.
Obviously the market did not like the parent company's action.
I am also keen to know about it.I am a value investor rather than a momentum trader.
Somebody will have to guide us.
Regards
I would guess that it went down because of a higher supply in the market (from the Parent's stock sale). Also read somewhere that the parent company is planning to sell in tranches which might keep the price down for a longer period of time (till the high supply lasts). Don't know how low the price can go though.
singleton is offline   Reply With Quote
Old 26th July 2012, 13:01   #2043
BHPian
 
Cayman360's Avatar
 
Join Date: Aug 2009
Location: Hyderabad
Posts: 76
Thanked: 21 Times
Default Re: Do you play the stock market

Have seen Tata Motors in my portfolio drop from a high of 316 to a low of 212 today! (buy price was 220)
Cayman360 is offline   Reply With Quote
Old 28th September 2012, 14:57   #2044
BHPian
 
ThePunter's Avatar
 
Join Date: Jan 2010
Location: TN-22 / KL-53
Posts: 105
Thanked: 20 Times
Default

icicidirect has refreshed its low bandwidth site (LBS). Noticed today when I logged in from my iphone, may be after a week's time (dont remember correctly). So I guess this change came into being within last week. The earlier lbs one was more of a pure text only version- this looks more of a mobile version.
Though I noticed, MF section couldnt be accessed, Still a welcome move...

anyone...?
ThePunter is offline   Reply With Quote
Old 5th October 2012, 12:12   #2045
Senior - BHPian
 
Join Date: Dec 2010
Location: Ghaziabad/Hyderabad/Mysore
Posts: 1,416
Thanked: 313 Times
Default How to get direct debit of dividend into your account

Everyone, I have been buying and selling stock for some time, but can't recall even one instance where I got any dividend. Didn't care much earlier because dividend yields were too poor to bother, but now with stock market depressed (and hence no stock sales from my side for a long time) quit a bit of my returns are stuck in dividends.

Can you enlighten me as to how to get it? I read on the internet via many company websites that some form has to be given to the DP, however does it have to be done for every company or does it have to be done one time for the account?

Also how to get the money from companies that declared dividend last year but haven't paid me yet?
vina is offline   Reply With Quote
Old 5th October 2012, 12:34   #2046
BHPian
 
iamswift's Avatar
 
Join Date: Oct 2009
Location: Madras
Posts: 178
Thanked: 61 Times
Default Re: How to get direct debit of dividend into your account

In mutual fund cases, it will be direct credit to your account unless you explicitly tell them to provide a cheque.
But in case of shares, the direct credit to your account or a cheque sent by snail mail depends on registrar of that company.
Nowadays majority of these have switched to direct bank a/c credit however few still sticks to old method of sending cheque.

Get the email of the registrar of the particular company and send your details about not getting dividend or missed collecting the dividend provided. They will guide you to get you dividend.
iamswift is offline   Reply With Quote
Old 5th October 2012, 12:50   #2047
Senior - BHPian
 
Join Date: Dec 2010
Location: Ghaziabad/Hyderabad/Mysore
Posts: 1,416
Thanked: 313 Times
Default Re: How to get direct debit of dividend into your account

Quote:
Originally Posted by iamswift View Post
...
Nowadays majority of these have switched to direct bank a/c credit however few still sticks to old method of sending cheque.

Get the email of the registrar of the particular company and send your details about not getting dividend or missed collecting the dividend provided. They will guide you to get you dividend.

Would I have to register for each company individually or just one registration with my Depository enough?
vina is offline   Reply With Quote
Old 5th October 2012, 13:19   #2048
BHPian
 
skumare's Avatar
 
Join Date: Nov 2011
Location: Hyderabad
Posts: 86
Thanked: 26 Times
Default Re: How to get direct debit of dividend into your account

Quote:
Originally Posted by vina View Post
Would I have to register for each company individually or just one registration with my Depository enough?
Just one form submitted to your depository will do, you need to enclose a cancelled cheque from the bank account.
skumare is offline   Reply With Quote
Old 5th October 2012, 13:45   #2049
BHPian
 
Join Date: Jul 2012
Location: Ahmedabad
Posts: 60
Thanked: 28 Times
Default Re: How to get direct debit of dividend into your account

You would need to fill up a form with your DP with relevant bank account details. Only one form is needed. The DP will forward the account details to all the companies in your portfolio.

The ECS (electronic clearing service) came into practice quite a long time ago. Were you not contacted by your DP at any time in the past for this? Cheques are sent only in those cases where shares are still in physical form, not dematerialized (DEMAT).

For not receiving dividend by cheques, you can either contact the Registrar of Companies or the company directly through their website or letter.

Just contact your DP for all of the above, this is a relatively easy process, so don't worry.
PranavDesai is offline   Reply With Quote
Old 5th October 2012, 13:52   #2050
BHPian
 
hrman's Avatar
 
Join Date: Jun 2006
Location: Bangalore
Posts: 894
Thanked: 331 Times
Default Re: How to get direct debit of dividend into your account

Small point, please change the title of the thread to read "Credit" instead of "Debit".
Dividend and income will always be credited, any expense or payment will be debited.
hrman is offline   Reply With Quote
Old 5th October 2012, 15:35   #2051
BHPian
 
Join Date: Oct 2010
Location: N Delhi
Posts: 398
Thanked: 177 Times
Default Re: How to get direct debit of dividend into your account

Quote:
Originally Posted by vina View Post
Would I have to register for each company individually or just one registration with my Depository enough?
If the dividend relates to a period more than 7 financial years back, then it has been transferred to the IEPF - see link. There is a very convoluted procedure to claim that - talk to he local office of the ROC/MCA. For less than 7 years talk to your DP/registrars of the respective companies.
RS_DEL is offline   Reply With Quote
Old 5th October 2012, 16:07   #2052
Senior - BHPian
 
Join Date: Dec 2010
Location: Ghaziabad/Hyderabad/Mysore
Posts: 1,416
Thanked: 313 Times
Default Re: How to get direct debit of dividend into your account

Quote:
Originally Posted by PranavDesai View Post
You would need to fill up a form with your DP with relevant bank account details. Only one form is needed. The DP will forward the account details to all the companies in your portfolio.

The ECS (electronic clearing service) came into practice quite a long time ago. Were you not contacted by your DP at any time in the past for this? Cheques are sent only in those cases where shares are still in physical form, not dematerialized (DEMAT).

For not receiving dividend by cheques, you can either contact the Registrar of Companies or the company directly through their website or letter.

Just contact your DP for all of the above, this is a relatively easy process, so don't worry.
Thanks Pranav

I started my account with HDFC securities back in April 2009 - correctly predicted the upswing in securities and made a killing , though thanks to their paperwork non sense it took 2 months at that time (which means a substantial part of potential killing was lost). I already had an account with HDFC bank, I use the same account for trading related money transfers.

Anyway, most of the companies bought at the time had hardly any dividends - stock prices were high and profits non existent. So I didn't worry too much about dividends.

Lately I bought some stocks which are giving pretty high dividend yields (JK Bank - 3.3%) and I have been holding these stocks for a long time, so the dividends are getting accumulated.



I always expected the ,money to be credited directly, I assumed that HDFC bank guys would have done the formalities. However I haven't seen a single credit of the dividend, so I guess these guys never did their job.

Quote:
Originally Posted by RS_DEL View Post
If the dividend relates to a period more than 7 financial years back, then it has been transferred to the IEPF - see link. There is a very convoluted procedure to claim that - talk to he local office of the ROC/MCA. For less than 7 years talk to your DP/registrars of the respective companies.

Thanks a lot sir. Fortunately I haven't been investing that long, so this should not be a problem.

Last edited by vina : 5th October 2012 at 16:16.
vina is offline   Reply With Quote
Old 5th October 2012, 16:27   #2053
BHPian
 
Join Date: Jul 2012
Location: Ahmedabad
Posts: 60
Thanked: 28 Times
Default Re: Do you play the stock market

You can do one thing. Check the website of each company whose shares you hold. Normally each company would have a link of performance/dividend history. There you can check the record dates as well as amount of dividend declared by the company. If you have held shares during that period and have not received dividend either by ECS or cheque, you can contact HDFC securities and take them to task.
PranavDesai is offline   Reply With Quote
Old 6th October 2012, 17:56   #2054
BHPian
 
Join Date: Aug 2007
Location: Bangalore
Posts: 82
Thanked: 9 Times
Default Re: Do you play the stock market

Guys,
I have a question. I am planning to close my account with Sharekhan, however i still have a few stocks which i have invested in. I do not want to sell it. Is it possible for me to still keep the stocks and close the account? or is selling off my stocks only option?
bond_bhai is offline   Reply With Quote
Old 6th October 2012, 18:06   #2055
ECM
BHPian
 
ECM's Avatar
 
Join Date: May 2006
Location: Somewhere
Posts: 221
Thanked: 6 Times
Default Re: Do you play the stock market

Transfer your shares to your another demat a/c,simple.
https://nsdl.co.in/guidedtour/investor4.php
Quote:
I do not want to sell it.
ECM is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Stock Steering Wheel with Audio Controls Connected to After Market Headunit? Epic In-Car Entertainment 34 24th July 2014 12:36
Stock Market - Technical Analyis Tutorial carboy Shifting gears 5 24th June 2011 23:28
Games you can play at office (Flash / browser based) Spinnerr Shifting gears 24 23rd September 2010 20:37


All times are GMT +5.5. The time now is 13:32.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks