Yesterday I traded in the stocks of Aarti industries which had issued bonus shares in the ratio of 1:1 on 22-6-21.My bonus issue was updated in portfolio on 29-6-21.
I sold 45 shares yesterday on 1-7-21 but fit finding out the profit with respect of these traded shares the av.buying price was consider at the old double rates and the selling price at the current reduced rates thereby shoeing a huge loss in my account instead of profits.
My av.selling price was slightly mote than Rs.858 per share and the buy price was much lower.Instead of booking profits for me SBIcap has booked huge losses by considering the stalling price at post bonus issue price and the buy price at pre bonus price.Obviously this treatment is wrong.Both buy and selling prices should be post bonus prices.
Wrote e mails to SBIcap yesterday night after midnight when accounts were updated but in the morning no changes could be found.
It is really amazing that such companies dealing in monetary transactions can make such mistakes thereby leading to huge losses to the clients.
I had felt the same on earlier occasions too but could not prove in the absence of screenshots. Was this information helpful? | 
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