Value recognisation of shares held

how to recognisation of the value of shares of king Fisher air lines, which was purchased earlier, and held in stock 300nos. @ 16.57, my question is that whether it is continue to show at 16.57 or value at nil, and transfer to loss account?
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Quick Summary
This discussion addresses how to recognise the value of previously purchased King Fisher Airlines shares. The user is seeking guidance on whether to continue showing the shares at their purchase price or to value them at nil and transfer the loss to the profit and loss account. The advice given is to recognise the loss and book it to the P&L Account.

Check out stock market websites for share prices.

You should recognised the loss and take it to P&L Account

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