Choice Broking Charges for M & B Engineering Limited
NSE: MBEL · Last Close: ₹251.75 · Sector: EQ
Exact Delivery Cost by Order Quantity (Roundtrip)
| Quantity | Trade Value | Brokerage | STT (0.1%) | Exch+SEBI | Stamp Duty | GST (18%) | DP Fee | Total Cost | Breakeven |
|---|---|---|---|---|---|---|---|---|---|
| 1 share | ₹251.75 | ₹1.01 | ₹0.50 | ₹0.02 | ₹0.04 | ₹0.19 | ₹21.24 | ₹23.00 | +23.00 (9.14%) |
| 10 shares | ₹2,517.50 | ₹10.07 | ₹5.04 | ₹0.16 | ₹0.38 | ₹1.84 | ₹21.24 | ₹38.73 | +3.87 (1.54%) |
| 50 shares | ₹12,587.50 | ₹40.00 | ₹25.18 | ₹0.78 | ₹1.89 | ₹7.34 | ₹21.24 | ₹96.43 | +1.93 (0.77%) |
| 100 shares | ₹25,175.00 | ₹40.00 | ₹50.35 | ₹1.55 | ₹3.78 | ₹7.48 | ₹21.24 | ₹124.40 | +1.24 (0.49%) |
| 500 shares | ₹125,875.00 | ₹40.00 | ₹251.75 | ₹7.73 | ₹18.88 | ₹8.59 | ₹21.24 | ₹348.19 | +0.70 (0.28%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹21.24 is levied on the sell-leg from Demat.
Intraday Buy & Sell Charges (Square-Off Same Day)
| Quantity | Trade Value | Brokerage | STT (0.025%) | Exch+SEBI | Stamp Duty | GST (18%) | Total Cost | Breakeven |
|---|---|---|---|---|---|---|---|---|
| 1 share | ₹251.75 | ₹0.10 | ₹0.06 | ₹0.02 | ₹0.01 | ₹0.02 | ₹0.21 | +0.21 (0.08%) |
| 10 shares | ₹2,517.50 | ₹1.01 | ₹0.63 | ₹0.16 | ₹0.08 | ₹0.21 | ₹2.09 | +0.21 (0.08%) |
| 50 shares | ₹12,587.50 | ₹5.04 | ₹3.15 | ₹0.78 | ₹0.38 | ₹1.05 | ₹10.40 | +0.21 (0.08%) |
| 100 shares | ₹25,175.00 | ₹10.07 | ₹6.29 | ₹1.55 | ₹0.76 | ₹2.09 | ₹20.76 | +0.21 (0.08%) |
| 500 shares | ₹125,875.00 | ₹40.00 | ₹31.47 | ₹7.73 | ₹3.78 | ₹8.59 | ₹91.57 | +0.18 (0.07%) |
How Choice Broking Compares to Alternatives (100 Shares of MBEL)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Choice Broking |
|---|---|---|---|
| Choice Broking (Selected) | ₹40.00 | ₹124.40 | — |
| Zerodha | ₹0.00 | ₹71.30 | -53.10 |
| Groww | ₹40.00 | ₹119.09 | -5.31 |
| Angel One | ₹40.00 | ₹126.76 | +2.36 |
| Dhan | ₹0.00 | ₹70.71 | -53.69 |
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Frequently Asked Questions
What is the brokerage for buying M & B Engineering Limited shares on Choice Broking?
On Choice Broking, equity delivery brokerage for M & B Engineering Limited is ₹20 flat. Intraday trades incur ₹20 or 0.02% per executed order.
How much STT and government tax is charged when buying M & B Engineering Limited?
Statutory taxes include 0.1% Securities Transaction Tax (STT) on buy and sell for delivery, 0.00297% NSE exchange turnover charges, 0.0001% SEBI turnover fees, 0.015% stamp duty on buy, and 18% GST on non-tax services.
What is the breakeven price movement required for MBEL on Choice Broking?
For an order of 100 shares of MBEL at ₹251.75, the roundtrip transaction cost is ₹124.40, meaning the stock needs to rise by ₹1.24 (0.49%) to break even.