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A share holder cannot ask for refund at any circumstance. They are considered as the owners of the company and practically a owner cannot ask for refund. All that a share holder can do is that he can trade the stock and get the returns.
A dividend is usually declared by the company from the profits earned during the financial year. The dividends are usually declared as a last resort. A company usually reinvests the profits earned during the financial year.
The National Stock Exchange and Bombay Stock Exchange are just two platforms where the share holders can trade their shares. However NSE adopted to the tech changes faster when compared to the BSE and thats when the NSE overtook the BSE. Further, NSE was the first to introduce Futures and Options marker and BSE followed the same at a very later stage by then lot of traders shifted to NSE. This was the reason behinf NSE becoming popular than BSE.
Share Holders are the subscribers to the shares of the company. The share holders are one among the owners of the company, however they keep changing on very share transfer. The share holders have the right to vote in the company.
Promoter is the one who is/was vital in the formation of the company or one who took the initiative in formation of the particular company. However, after formation of the company, in most of the cases the promoter becomes the managing director of the company.
The Directors of the company play a significant role in decision making. A company doesnot have only one director. There is more than one director and they take active participation in taking major decisions in the company. Any major decisions taken by a company, it should be supported or approved by the directors of the company.
There are lot of other markets similar to Stock Market. Just like shares are traded in the stock market, there is Derivative Market where the market trades with futures and options, and there is commodity market where just like the name suggests, the commodities are traded like oil, silver, gold etc., There are also various other markets like the currency markets etc.,
A Demat account is one where the shares are stored. A person need to have a Demat Account to possess shares. It is just like a person having bank account and he can hold the currencies in electronic format, a person needs to have a demat account to hold the shares electronically. Prior to this, the shares were held in physical format and buying and selling of shares involved a huge task.
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