Choice Broking Charges for MMP Industries Limited
NSE: MMP · Last Close: ₹449.60 · 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 | ₹449.60 | ₹1.80 | ₹0.90 | ₹0.04 | ₹0.07 | ₹0.33 | ₹21.24 | ₹24.38 | +24.38 (5.42%) |
| 10 shares | ₹4,496.00 | ₹17.98 | ₹8.99 | ₹0.28 | ₹0.67 | ₹3.29 | ₹21.24 | ₹52.45 | +5.25 (1.17%) |
| 50 shares | ₹22,480.00 | ₹40.00 | ₹44.96 | ₹1.38 | ₹3.37 | ₹7.45 | ₹21.24 | ₹118.40 | +2.37 (0.53%) |
| 100 shares | ₹44,960.00 | ₹40.00 | ₹89.92 | ₹2.76 | ₹6.74 | ₹7.70 | ₹21.24 | ₹168.36 | +1.68 (0.37%) |
| 500 shares | ₹224,800.00 | ₹40.00 | ₹449.60 | ₹13.80 | ₹33.72 | ₹9.68 | ₹21.24 | ₹568.04 | +1.14 (0.25%) |
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 | ₹449.60 | ₹0.18 | ₹0.11 | ₹0.04 | ₹0.01 | ₹0.04 | ₹0.38 | +0.38 (0.08%) |
| 10 shares | ₹4,496.00 | ₹1.80 | ₹1.12 | ₹0.28 | ₹0.13 | ₹0.37 | ₹3.70 | +0.37 (0.08%) |
| 50 shares | ₹22,480.00 | ₹8.99 | ₹5.62 | ₹1.38 | ₹0.67 | ₹1.87 | ₹18.53 | +0.37 (0.08%) |
| 100 shares | ₹44,960.00 | ₹17.98 | ₹11.24 | ₹2.76 | ₹1.35 | ₹3.73 | ₹37.06 | +0.37 (0.08%) |
| 500 shares | ₹224,800.00 | ₹40.00 | ₹56.20 | ₹13.80 | ₹6.74 | ₹9.68 | ₹126.42 | +0.25 (0.06%) |
How Choice Broking Compares to Alternatives (100 Shares of MMP)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Choice Broking |
|---|---|---|---|
| Choice Broking (Selected) | ₹40.00 | ₹168.36 | — |
| Zerodha | ₹0.00 | ₹115.26 | -53.10 |
| Groww | ₹40.00 | ₹163.05 | -5.31 |
| Angel One | ₹40.00 | ₹170.72 | +2.36 |
| Dhan | ₹0.00 | ₹114.67 | -53.69 |
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Frequently Asked Questions
What is the brokerage for buying MMP Industries Limited shares on Choice Broking?
On Choice Broking, equity delivery brokerage for MMP 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 MMP 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 MMP on Choice Broking?
For an order of 100 shares of MMP at ₹449.60, the roundtrip transaction cost is ₹168.36, meaning the stock needs to rise by ₹1.68 (0.37%) to break even.