BSE quotes - LTP/Prev. Close and Change - net/ %

LTP/prev. close:

LTP stands for Last Traded Price and Prev. close for Previous close price.As the name suggests LTP gives the Last traded price of a single stock/share.i.e. the last(latest) transaction has been taken place between a buyer and seller upon an agreed amount at that price.This LTP varies most rapidly when the market is open.

Prev close is nothing but the LTP of previous day.i.e. LTP of a particular stock at which
previous day market closes.

Change - Net/%:

It implies the change in the price of a stock in absolute terms as well as in terms of percentage.

Example: In the above figure Change is -34.30.It means that the price of the stock has lost Rs 34.30 in absolute terms.The same can be expressed in terms of percentage also.
The price of the share has lost 1.84 % of its value.These values varies continuosly(in most of the cases) when the market is open.

If we relate the above two quotes,

Prev.close - LTP = Change
1860.70 - 1826.40 = 34.30(or loss of 1.84%)

stay glued…………

May 25, 2008 | Filed Under Stocks