ProStocks Charges for Mahindra & Mahindra Limited
NSE: M&M · Last Close: ₹2,860.00 · 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 | ₹2,860.00 | ₹0.00 | ₹5.72 | ₹0.18 | ₹0.43 | ₹0.03 | ₹10.62 | ₹16.98 | +16.98 (0.59%) |
| 10 shares | ₹28,600.00 | ₹0.00 | ₹57.20 | ₹1.76 | ₹4.29 | ₹0.32 | ₹10.62 | ₹74.19 | +7.42 (0.26%) |
| 50 shares | ₹143,000.00 | ₹0.00 | ₹286.00 | ₹8.78 | ₹21.45 | ₹1.58 | ₹10.62 | ₹328.43 | +6.57 (0.23%) |
| 100 shares | ₹286,000.00 | ₹0.00 | ₹572.00 | ₹17.56 | ₹42.90 | ₹3.16 | ₹10.62 | ₹646.24 | +6.46 (0.23%) |
| 500 shares | ₹1,430,000.00 | ₹0.00 | ₹2860.00 | ₹87.80 | ₹214.50 | ₹15.80 | ₹10.62 | ₹3188.72 | +6.38 (0.22%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹10.62 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 | ₹2,860.00 | ₹1.14 | ₹0.71 | ₹0.18 | ₹0.09 | ₹0.24 | ₹2.36 | +2.36 (0.08%) |
| 10 shares | ₹28,600.00 | ₹11.44 | ₹7.15 | ₹1.76 | ₹0.86 | ₹2.38 | ₹23.59 | +2.36 (0.08%) |
| 50 shares | ₹143,000.00 | ₹14.00 | ₹35.75 | ₹8.78 | ₹4.29 | ₹4.10 | ₹66.92 | +1.34 (0.05%) |
| 100 shares | ₹286,000.00 | ₹14.00 | ₹71.50 | ₹17.56 | ₹8.58 | ₹5.68 | ₹117.32 | +1.17 (0.04%) |
| 500 shares | ₹1,430,000.00 | ₹14.00 | ₹357.50 | ₹87.80 | ₹42.90 | ₹18.32 | ₹520.52 | +1.04 (0.04%) |
How ProStocks Compares to Alternatives (100 Shares of M&M)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs ProStocks |
|---|---|---|---|
| ProStocks (Selected) | ₹0.00 | ₹646.24 | — |
| Zerodha | ₹0.00 | ₹650.96 | +4.72 |
| Groww | ₹40.00 | ₹698.75 | +52.51 |
| Angel One | ₹40.00 | ₹706.42 | +60.18 |
| Dhan | ₹0.00 | ₹650.37 | +4.13 |
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Frequently Asked Questions
What is the brokerage for buying Mahindra & Mahindra Limited shares on ProStocks?
On ProStocks, equity delivery brokerage for Mahindra & Mahindra Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹7 or 0.02% per executed order.
How much STT and government tax is charged when buying Mahindra & Mahindra 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 M&M on ProStocks?
For an order of 100 shares of M&M at ₹2,860.00, the roundtrip transaction cost is ₹646.24, meaning the stock needs to rise by ₹6.46 (0.23%) to break even.