DJS Stock & Shares Ltd Summary
DJS Stock & Shares Limited was incorporated as a Public Limited company on April 27, 1994. The Certificate of Commencement of Business was obtained in July, 1994. The Company is engaged in broking services of Shares and Stocks.
During 1998-99, the company had opened BOLT counters at Madurai and Madras. It also obtained registration as Depository Participant with Central Depository Service Ltd.In 1999-2000, the Company opened BOLT Terminals at Namakkal. the Company has opened authorised collection centre for DP at Erode, Madurai, Namakkal, Pollachi, Coonor.
During the second half of the previous financial year 2010-11, there was a change in the Management of the Company. The new management decided to revive the business of the Company and to expedite the process of establishing the Company in the market. During the phase of recovery, the challenge before the Company was to strike the right balance between achieving growth and maintaining enough liquidity.In FY 2022, many new demat accounts were opened but lot of them were opened with online trading platforms.
Some clients of traditional broking system also shifted towards the online discount broking system. But the clients who switched platforms soon came back to traditional system, reason being most of the clients felt the lack of good customer care services, advice from experienced stock brokers, additional services like portfolio management, estate planning, tax advice, etc. Most of the clients do not have sufficient time or the fundamental and technical analysis skills to select stocks for investment or trading.
Thus, forcing clients to move back to the traditional broking system.The Company focus on Brokerage Services including equity and debt broking for institutional, HNI and retail Clients and for that to set up a robust equity research platform to provide professional insights and perspective on investing ideas and strategies.