KSB Shares float
What is the Shares float of KSB?
The Shares float of KSB Limited is 10.464M 30.06%
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 NSE compared to KSB
What does KSB do?
KSB Limited manufactures and sells power driven pumps and industrial valves in India and internationally. It operates through Pumps and Valves segments. The Pumps segment manufactures and trades in industrial pumps, submersible pumps, effluent treatment pumps, etc.; and offers related spares and services. The Valves segment manufactures and trades in industrial valves, and related spares and services. It also produces castings for captive consumption. The company was formerly known as KSB Pumps Limited and changed its name to KSB Limited in June 2018. KSB Limited was incorporated in 1960 and is headquartered in Pune, India.
Companies with shares float similar to KSB
- Jayshree Chemicals has Shares float of 10.436M 35.59%
- AMJ Land has Shares float of 10.441M 25.47%
- White has Shares float of 10.441M 1.35%
- Bankers Cobalt Corp has Shares float of 10.444M 90.13%
- Northern Lion Gold has Shares float of 10.453M 120.39%
- Kolte-Patil Developers has Shares float of 10.457M 13.76%
- KSB has Shares float of 10.464M 30.06%
- Altius Renewable Royalties has Shares float of 10.466M 39.47%
- MAS Services has Shares float of 10.472M 19.16%
- Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has Shares float of 10.478M 65.49%
- Taneja Aerospace and Aviation has Shares float of 10.482M 42.05%
- ABB Power Products and Systems India has Shares float of 10.488M 24.75%
- Soma Textiles & Industries has Shares float of 10.489M 31.75%