Why is the buy average price of some shares is shown incorrect at Jainam?

Why is the buy average price of some shares is shown incorrect at Jainam?

  • Usually, the buy average at Jainam is determined using the FIFO method.
  • However, in cases of corporate actions as bonus shares, splits right issue, Demerger etc. Jainam updates the adjustment for such corporate action once they are completed on the basis of all the relevant information provided by the company or exchange.