Reliance Capital Shares float
What is the Shares float of Reliance Capital?
The Shares float of Reliance Capital Limited is 223.667M 88.51%
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 Finance sector on NSE compared to Reliance Capital
What does Reliance Capital do?
Reliance Capital Limited, a non-banking financial company, primarily engages in lending and investing activities in India. It operates through Finance & Investment, General Insurance, Life Insurance, Commercial Finance, and Others segments. The company offers life, health, and general insurance products; brokerage and distribution services, including equities, commodities and derivatives, wealth management services, portfolio management services, and financial products; and commercial finance services, such mortgages, loans against property, SME loans, loans for vehicles, loans for construction equipment, business loans, infrastructure financing, and retail finance. It also provides asset reconstruction, and proprietary investments services, as well as other financial and allied services. The company was formerly known as Reliance Capital & Finance Trust Limited and changed its name to Reliance Capital Limited in January 1995. Reliance Capital Limited was incorporated in 1986 and is based in Mumbai, India.
Companies with shares float similar to Reliance Capital
- Golden Throat has Shares float of 223.291M 30.20%
- Concepta PLC has Shares float of 223.293M 43.12%
- Lockheed Martin has Shares float of 223.303M 80.97%
- Lockheed Martin has Shares float of 223.303M 78.51%
- Small Pharma Inc has Shares float of 223.576M 70.35%
- Viavi Solutions Dl ,001 has Shares float of 223.660M 94.10%
- Reliance Capital has Shares float of 223.667M 88.51%
- Publicis e SA has Shares float of 223.707M 89.49%
- Shenzhen Transsion Co has Shares float of 223.707M Inf%
- Ridley has Shares float of 223.720M 70.02%
- IDE plc has Shares float of 223.789M 45.05%
- Corum has Shares float of 223.867M 37.47%
- Danakali has Shares float of 223.969M 60.81%