If the shares are transferred from another broker to Zerodha, there will be Holdings discrepancies, and the buy average must be entered manually on Console.

To update the buy average price on Console, follow these steps:

1. Click on Portfolio.
2. Click on Holdings from the drop-down.
3. Click on View discrepancy from the options on stocks with a warning symbol.
4. Select the stock with a discrepancy and click on
5. Enter the purchase date, price, and quantity, and click on Add. The purchase date should be on or before the demat credit date.
6. The buy average price will be updated within a day and will be calculated based on the First In First Out (FIFO) method.
7. Entry can be edited or deleted only while the discrepant entry status is Pending. The entry cannot be modified once the buy average is updated. The buy average will be updated within 24 hours.

Did you know? When transferring from one's own demat account with another broker, it is necessary to obtain the buy average and date of acquisition from the previous broker. This is because only the units are transferred during the process, and the associated details such as the buy average and date of acquisition are not automatically included.