[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [EquisMetaStock Group] Re: bonus adjustments for indian stocks



PureBytes Links

Trading Reference Links

Hi debraj,

thank you for explaining the matter with nice details. I am now able to 
split the stock perfectly.
regards


debdebraj wrote:
> Hi EquitySolver,
>
> Actually the ITC bonus ratio is 1:2 (I checked at the NSE site).
>
> 1) Adjusting for bonus:
>
> a)First obtain split ratio. The formula is : if bonus ratio is A:B,
> split ratio is A+B:B. Here A=1 and B=2. Therefore split ratio is
> (1+2):2= 3:2.
>
> Now follow the procedure for adjusting for a split of 3:2.
>
> 2) Adjusting for split:
>
> a) Start the Downloader for Windows. Click the File Menu and open the
> stock you want to adjust the data for. (Alternatively, open the chart
> in Metastock, right click on a price bar and choose "Edit data". This
> will open the datasheet in downloader.)
>
> b)Select the Adjust menu and then click on Split. (Or right click
> within the datasheet and choose "split").
>
> c)On clicking split, the split dialogue box will open.
> i)First Date:  This is first date in the datasheet. I suggest that
> you change the date to that of the first loaded bar in the chart (at
> the extreme left side).
> ii)Last Date: This is the day before the security's price changed or
> the last date BEFORE the split (ie the date before ex date.) In case
> of ITC the last date is 09/20/2005, that is, 20 Sep 2005.
> iii)Ratio: The SPLIT ratio. In case of ITC the obtained ratio is 3
> for 2.
>
> d) Click OK to perform the split operation.
>
> e) Now perform another split operation for 10:1. Close the datasheet.
> Save changes to ITC.
>
> You can adjust for split first (10:1) and then for bonus (3:2), or
> vice versa . The end result will be the same.
>
> The Downloader is supposed to automatically detect the split ratio.
> But it can be wrong. So always check the detected ratio
> for correctness.
>
> As I have said before I came to know about this procedure from
> another group (bse-nse2005).
>
> Regards,
>
> Debraj
>
>
>
>
>
>
>
> ------------------------------------------------------------------------
> YAHOO! GROUPS LINKS
>
>     *  Visit your group "equismetastock
>       <http://groups.yahoo.com/group/equismetastock>" on the web.
>        
>     *  To unsubscribe from this group, send an email to:
>        equismetastock-unsubscribe@xxxxxxxxxxxxxxx
>       <mailto:equismetastock-unsubscribe@xxxxxxxxxxxxxxx?subject=Unsubscribe>
>        
>     *  Your use of Yahoo! Groups is subject to the Yahoo! Terms of
>       Service <http://docs.yahoo.com/info/terms/>.
>
>
> ------------------------------------------------------------------------
>


-- 


[Non-text portions of this message have been removed]





 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/equismetastock/

<*> To unsubscribe from this group, send an email to:
    equismetastock-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/