Choice Broking Charges for Mangal Electrical Industries Limited
NSE: MEIL · Last Close: ₹262.10 · 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 | ₹262.10 | ₹1.05 | ₹0.52 | ₹0.03 | ₹0.04 | ₹0.19 | ₹21.24 | ₹23.07 | +23.07 (8.8%) |
| 10 shares | ₹2,621.00 | ₹10.48 | ₹5.24 | ₹0.17 | ₹0.39 | ₹1.92 | ₹21.24 | ₹39.44 | +3.94 (1.5%) |
| 50 shares | ₹13,105.00 | ₹40.00 | ₹26.21 | ₹0.81 | ₹1.97 | ₹7.35 | ₹21.24 | ₹97.58 | +1.95 (0.74%) |
| 100 shares | ₹26,210.00 | ₹40.00 | ₹52.42 | ₹1.61 | ₹3.93 | ₹7.49 | ₹21.24 | ₹126.69 | +1.27 (0.48%) |
| 500 shares | ₹131,050.00 | ₹40.00 | ₹262.10 | ₹8.04 | ₹19.66 | ₹8.65 | ₹21.24 | ₹359.69 | +0.72 (0.27%) |
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 | ₹262.10 | ₹0.10 | ₹0.07 | ₹0.03 | ₹0.01 | ₹0.02 | ₹0.23 | +0.23 (0.09%) |
| 10 shares | ₹2,621.00 | ₹1.05 | ₹0.66 | ₹0.17 | ₹0.08 | ₹0.22 | ₹2.18 | +0.22 (0.08%) |
| 50 shares | ₹13,105.00 | ₹5.24 | ₹3.28 | ₹0.81 | ₹0.39 | ₹1.09 | ₹10.81 | +0.22 (0.08%) |
| 100 shares | ₹26,210.00 | ₹10.48 | ₹6.55 | ₹1.61 | ₹0.79 | ₹2.18 | ₹21.61 | +0.22 (0.08%) |
| 500 shares | ₹131,050.00 | ₹40.00 | ₹32.76 | ₹8.04 | ₹3.93 | ₹8.65 | ₹93.38 | +0.19 (0.07%) |
How Choice Broking Compares to Alternatives (100 Shares of MEIL)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Choice Broking |
|---|---|---|---|
| Choice Broking (Selected) | ₹40.00 | ₹126.69 | — |
| Zerodha | ₹0.00 | ₹73.59 | -53.10 |
| Groww | ₹40.00 | ₹121.38 | -5.31 |
| Angel One | ₹40.00 | ₹129.05 | +2.36 |
| Dhan | ₹0.00 | ₹73.00 | -53.69 |
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Frequently Asked Questions
What is the brokerage for buying Mangal Electrical Industries Limited shares on Choice Broking?
On Choice Broking, equity delivery brokerage for Mangal Electrical Industries Limited is ₹20 flat. Intraday trades incur ₹20 or 0.02% per executed order.
How much STT and government tax is charged when buying Mangal Electrical Industries 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 MEIL on Choice Broking?
For an order of 100 shares of MEIL at ₹262.10, the roundtrip transaction cost is ₹126.69, meaning the stock needs to rise by ₹1.27 (0.48%) to break even.