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Did You Konw - 26 :- Average Rate in Portfolio of Flip Terminals.
Average Rate in Portfolio of Flip Terminals.
Average Rate is taken from P/L statement of Geojit Customer Care(GCC)/Geojit.net.
FIFO method is followed for arriving at the average rate.
If there is a mismatch in the buy/sell quantity, average rate won’t show in gcc/geojit.net. If average rate is not shown then client will have to correct his GCC page by placing relevant entries.
Entries to be made for IPO (only for past IPO’S), Right issues, off market shares. Facility to input the correct quantity/price is provided in Customer care site.
GCC P/L will automatically update the changes due to Bonus, Stock Split & forth coming IPO’S.