Ion Exchange (India) (BOM:500214) Shares Outstanding (Basic Average): 119 Mil (As of Mar. 2026)


BOM:500214 Ion Exchange (India) Ltd BOM:500214
76 GF Score
Price ₹397.45
GF Value ₹647.38
Valuation Possible Value Trap
! 9 Warning Signs
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What is Ion Exchange (India) Shares Outstanding (Basic Average)?

Ion Exchange (India) BOM:500214 -1.36% 76 Shares Outstanding (Basic Average) is 119 Mil as of Mar. 2026. GuruFocus rates BOM:500214 with a GF Score™ of 76/100 and a GF Value™ of ₹647.38 (Possible Value Trap). The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ion Exchange (India)'s average basic shares outstanding for the quarter that ended in Mar. 2026 was 119 Mil.

Ion Exchange (India)  (BOM:500214) Shares Outstanding (Basic Average) 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.

Be Aware

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.

Ion Exchange (India) Shares Outstanding (Basic Average) Related Terms

Ion Exchange (India) Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Ion Exchange (India)'s Shares Outstanding (Basic Average) 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.

Ion Exchange (India) Shares Outstanding (Basic Average) Chart

Ion Exchange (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.55 118.55 118.55 118.55 118.56

Ion Exchange (India) Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average) 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 118.57 118.57 118.57 118.54 118.57
BOM:500214
76GF Score
Ion Exchange (India) Ltd BOM:500214
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Ion Exchange (India) Shares Outstanding (Basic Average) 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 exact time point. 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.

What does a Shares Outstanding (Basic Average) of 119 Mil mean?
Ion Exchange (India) (BOM:500214) has a Shares Outstanding (Basic Average) of 119 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ion Exchange (India) and its competitors.
Is Ion Exchange (India)'s Shares Outstanding (Basic Average) too high?
Ion Exchange (India)'s current Shares Outstanding (Basic Average) is 119 Mil. Overall, Ion Exchange (India) has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ion Exchange (India)'s Shares Outstanding (Basic Average) compare to VLTO and ZWS?
Ion Exchange (India)'s Shares Outstanding (Basic Average) of 119 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Industrial Products company?
A good Shares Outstanding (Basic Average) depends on the Industrial Products industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ion Exchange (India) and its competitors. Ion Exchange (India)'s current Shares Outstanding (Basic Average) is 119 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Exchange (India) stock overvalued right now?
Based on GuruFocus' analysis, Ion Exchange (India) (BOM:500214) is currently considered Possible Value Trap. The stock's GF Value™ is ₹647.38, compared to a current price of ₹397.45 — trading 38.6% below its estimated fair value. The current Shares Outstanding (Basic Average) is 119 Mil. Ion Exchange (India)'s overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Ion Exchange (India) (BOM:500214), the current Shares Outstanding (Basic Average) is 119 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ion Exchange (India) (BOM:500214) Overvalued in 2026?

Based on GuruFocus' analysis, Ion Exchange (India) stock appears to be undervalued. The current stock price of ₹397.45 is trading 38.6% below its estimated GF Value™ of ₹647.38. GuruFocus considers Ion Exchange (India) to be Possible Value Trap.

Key valuation signals for BOM:500214:

  • Shares Outstanding (Basic Average): 119 Mil
  • GF Value™: ₹647.38 vs. price of ₹397.45 (38.6% below fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the BOM:500214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ion Exchange (India) Business Description

Other Exchanges IONEXCHANG:India
Address Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd offers a wide range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water, seawater desalination, etc. It also engaged in manufacturing resins, and specialty chemicals for water and wastewater treatment as well as non-water applications. It operates its business through the Engineering segment, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. It caters to both domestic and international markets.
76GF Score

Get the complete analysis for BOM:500214

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹397.45
Price
₹647.38
GF Value