VRL Logistics Shares float
What is the Shares float of VRL Logistics?
The Shares float of VRL Logistics Limited is 28.859M 31.94%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Industrials sector on BSE compared to VRL Logistics
What does VRL Logistics do?
VRL Logistics Limited operates as a logistics and transport company. The company operates through four segments: Goods Transport, Bus Operations, Sale of Power, and Transport of Passengers by Air. The Goods Transport segment offers services for the transportation of goods using a range of road transportation solutions, including less than full truck load and full truck load for customers across 22 states and 5 union territories in India. This segment also provides courier business for the transportation of small parcels and documents through multi model solutions. The Bus Operations segment provides services of transportation solutions through buses in the states of Karnataka, Maharashtra, Andhra Pradesh, Tamil Nadu, Gujarat, Rajasthan, and Goa through its fleet of approximately 362 buses/coaches. The Sale of Power segment operates a wind farm that consists of wind turbine generators with a capacity of 1.25 MW. The Transport of Passengers by Air segment offers services for the transportation of passengers by air to the individuals and corporate representatives. The company was formerly known as Vijayanand Roadlines Ltd. and changed its name to VRL Logistics Limited in August 2006. VRL Logistics Limited was founded in 1976 and is based in Hubli, India.
Companies with shares float similar to VRL Logistics
- Astronics has Shares float of 28.814M 455.65%
- Metacrine has Shares float of 28.817M 67.69%
- PolyMet Mining has Shares float of 28.821M 28.57%
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- Indiabulls Integrated Services has Shares float of 28.847M 32.29%
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- VRL Logistics has Shares float of 28.859M 31.94%
- Viceroy Hotels has Shares float of 28.867M 68.07%
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- Canaccord Genuity Growth II has Shares float of 28.884M
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- Fusion Acquisition has Shares float of 28.897M 82.56%
- Everest Re has Shares float of 28.898M 71.09%