GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reliance Industries Ltd (CHIX:RIGDl) » Definitions » Shares Outstanding (EOP)

Reliance Industries (CHIX:RIGDL) Shares Outstanding (EOP) : 3,383 Mil (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Reliance Industries Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Reliance Industries's shares outstanding for the quarter that ended in Sep. 2024 was 3,383 Mil.

Reliance Industries's quarterly shares outstanding stayed the same from Jun. 2024 (3,383 Mil) to Sep. 2024 (3,383 Mil).

Reliance Industries's annual shares outstanding stayed the same from Mar. 2023 (3,383 Mil) to Mar. 2024 (3,383 Mil).


Reliance Industries Shares Outstanding (EOP) Historical Data

The historical data trend for Reliance Industries's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reliance Industries Shares Outstanding (EOP) Chart

Reliance Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,199.68 3,381.03 3,383.00 3,383.05 3,383.05

Reliance Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,383.30 3,383.30 3,383.05 3,383.11 3,383.11

Competitive Comparison of Reliance Industries's Shares Outstanding (EOP)

For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance Industries's Shares Outstanding (EOP) Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reliance Industries's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Reliance Industries's Shares Outstanding (EOP) falls into.



Reliance Industries Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Reliance Industries  (CHIX:RIGDl) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Reliance Industries Shares Outstanding (EOP) Related Terms

Thank you for viewing the detailed overview of Reliance Industries's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliance Industries Business Description

Traded in Other Exchanges
Address
222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The Group has five principal operating and reporting segments: Oil To Chemicals (O2C), Oil and Gas, Retail, Digital Services and Financial Services. Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment that derives the majority revenue includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.

Reliance Industries Headlines

No Headlines