Question: What is the difference between the stock and the stock exchange?

Stock is the price of shares held by any individual in any specific listed company on the stock exchange. The is considered no of shares when you buy in quantity and the face value of the share is the value of shares you hold. The shares can be with premium or with discount depends on the company's valuation and other parameters.

The stock exchange is the platform where all listed companies registered with stock exchanges can be listed and the base on market capitalization the day to day value of shares get exchanged or traded on the stock exchange, India has BSE and NSE are the biggest stock exchanges govern and ruled by SEBI as controlling authority for exchanges. The strength and market cap of any company is decided by buying orders and selling orders that are the volume in a particular stock. The stock of all companies are now in dematerialized form and hold by depositary participants like NSDL and CDSL.

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