Why are companies kept under different groups like - A , B , S , T , TS , or Z . What does these groupings mean to a New Investor ? Please explain in detail
The scrips traded on BSE have been classified into various groups.
BSE has, for the guidance and benefit of the investors, classified the scrips in the Equity Segment into 'A', B,'T', S', TS' and 'Z' groups on certain qualitative and quantitative parameters.
The "F" Group represents the Fixed Income Securities.
The "T" Group represents scrips which are settled on a trade-to-trade basis as a surveillance measure.