Questions

Frequently asked questions

Answers to the questions beginners ask most. Short answers first; each one links to the page with more detail where that helps.
On this page

About ScripLens

Is ScripLens investment advice?

No. ScripLens is a free, non-commercial educational site. It shows end-of-day market data and calculates figures from it.

It does not recommend buying, selling or holding any security, does not rate stocks, and does not forecast prices or returns. The lists on the site are sorted or filtered by the criteria you choose, not by merit.

For decisions about your own money, consult a SEBI-registered investment adviser.

Is ScripLens registered with SEBI?

No. ScripLens is not registered with SEBI as an investment adviser or research analyst, and it is not affiliated with NSE, BSE or SEBI.

The full terms are on the Disclaimer page.

Is it free? Does it show ads or sell subscriptions?

It is free and non-commercial. There are no subscriptions, paid features, advertising, affiliate links or broker referrals.

There are no user accounts. The only thing stored on your device is a watchlist you create, and a note that you have seen the first-visit notice.

Does ScripLens predict prices or show future returns?

No. There are no price targets, forecasts, expected returns or projections for specific stocks.

Historical calculations such as CAGR, the past value explorer and the what-if calculator describe past prices only. Past performance does not indicate future results.

Data

Where does the data come from?

Daily prices and volumes come from NSE's end-of-day bhavcopy files. Corporate actions, index files and shareholding patterns come from NSE. Financial results come from companies' filings with the exchange (XBRL).

ScripLens does not use broker feeds or live market data. The sources are also listed in the site footer.

Why is the data delayed?

ScripLens shows end-of-day figures. A day's figures are recorded after the market closes, published in NSE's daily files, and then processed before they appear here. The stock page shows the date of the session the figures come from.

If the data is more than five days old, the site shows a warning that it may be outdated.

Why does a price differ from my broker's?

The most common reasons are these. Your broker may show a live or last-traded price, while ScripLens shows the closing price of the last completed session. The exchange may differ: ScripLens covers NSE, and some brokers quote BSE. Older prices on a chart are adjusted for splits and bonus issues, so they will not match the price printed on the day.

Check the EOD date on the stock page and whether the figure is adjusted. The Basics page explains adjusted prices.

Why are some companies missing?

ScripLens covers companies whose shares are listed on NSE. A company listed only on BSE is not included yet.

Recently listed companies have short histories, so some figures and charts are blank. A company can also be missing from a page when its filings or price history have not been loaded, or when a sector has not been assigned. Delisted and merged companies are not in the current lists. The past value explorer covers only companies listed today.

If a company you expect is missing from search, it may be a data gap. The Disclaimer page explains how to report it.

What is an adjusted price?

An adjusted price restates older prices for splits and bonus issues, so the chart does not show a false fall when the share count changes. Dividends are not removed from the price series. Rights issues, buybacks, mergers and demergers are not adjusted, so check a chart's history around those events.

The Basics page has a worked example.

How often are the figures updated?

Price figures are updated after each completed trading day. Company figures are added when filings are loaded, which can be later than the filing date. The date shown on each page tells you how current the figures are.

Can I download the data?

No. The site offers no bulk downloads, exports or data feeds. Market data is used only for display on the site.

Reading the site

Why does a figure show a dash (—)?

A dash means the figure is not available. It is never a zero. Common reasons: P/E is not meaningful when profit is negative, growth is not calculated when the earlier year is negative or missing, and a long-term statistic needs enough history.

Why do ratios differ from another website?

Sites often define the same name in different ways. ScripLens uses trailing annual profit for P/E, average equity for ROE, and restated dividends for yield. It may use standalone or consolidated figures depending on what is filed.

The Fundamentals page gives each formula as ScripLens calculates it.

Why does the 52-week high differ from the exchange's figure?

ScripLens uses the daily high and low of adjusted prices over the last 52 weeks. Other sources may use a closing basis or a different adjustment, so the figures can differ.

Why are returns shown without dividends?

The price charts and price indices show price returns, which exclude dividends. The total-return view on each stock page adds dividends and bonus or split shares. Both are shown so you can see how much came from price and how much from payouts.

What do the chip colours mean?

A chip states that a figure has crossed a named threshold, for example debt-to-equity above 2. Most chips are gold, a neutral colour. Green and red appear only for a direction of change (profit up more than 25%, a net loss), as with prices elsewhere. No colour means the company is doing well or badly.

Do the Piotroski F-score and Altman Z'' work as trading signals?

No. They are published accounting models, reproduced for learning. Neither is a rating, a forecast or a recommendation. The Risk and statistics page explains their limits.

Why do some sections take a moment to load?

Several sections load when you scroll to them, to keep the first page fast. The site is hosted on free infrastructure, which can take up to a minute to wake after a quiet period. Reload the page if a section stays blank.

Can I use ScripLens to place trades?

No. ScripLens has no accounts, orders or trading functions, and it does not connect to any broker. It describes past data. Any decision to buy, sell or hold is yours to make, ideally with a SEBI-registered adviser.

What should I do if I find an error?

Please report it using the contact details on the Disclaimer page. Corrections are made as soon as practicable. Figures can be wrong when the source filing is wrong, so a check against the company's filing or NSE's file is a good first step.

Where to go next

Next
Glossary of terms →

Educational explanations only, not investment advice, research or a recommendation to buy, sell or hold any security. Past performance does not indicate future results. Every example uses made-up round numbers. Read the Disclaimer before relying on any figure.