Zenith Birla (India) Shares float
What is the Shares float of Zenith Birla (India)?
The Shares float of Zenith Birla (India) Limited is 77.592M 59.10%
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 Zenith Birla (India)
What does Zenith Birla (India) do?
Zenith Birla (India) Limited manufactures and sells steel pipes in India. Its products include electric resistance welded black, galvanized, and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, space frame, fence, transportation of raw and potable water, sprinkler, firefighting system, industrial general engineering, pole, piling, drill rod, chilled water system, container making, transmission tower, ash/slurry transportation, bore-well, structural scaffolding and prop, transportation of oil and gas, electricity conduit, construction water distribution, green house, crude, transportation of sewage disposal irrigation, and oil sector distribution of gas, as well as auto industry. It also exports its products to 79 countries. Zenith Birla (India) Limited was incorporated in 1960 and is based in Mumbai, India.
Companies with shares float similar to Zenith Birla (India)
- Oswal Greentech has Shares float of 77.502M 30.18%
- Vantage Towers Ag Na O.N has Shares float of 77.511M 15.33%
- Pental has Shares float of 77.511M 45.47%
- Portola Pharmaceuticals has Shares float of 77.525M 99.62%
- Carmila S.A has Shares float of 77.551M 53.22%
- Phoenix Spree Deutschland has Shares float of 77.560M 84.42%
- Zenith Birla (India) has Shares float of 77.592M 59.10%
- Hamborner REIT AG has Shares float of 77.612M 97.36%
- Computer Modelling has Shares float of 77.631M 96.43%
- DeNA Co has Shares float of 77.643M 65.51%
- Loncor Resources has Shares float of 77.648M 52.56%
- Strongbow Exploration has Shares float of 77.656M 58.03%
- Fiera Capital has Shares float of 77.673M 93.33%