Lakshmi Energy & Foods (BOM:519570) Shares Outstanding (Basic Average): 74 Mil (As of Dec. 2018)

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What is Lakshmi Energy & Foods Shares Outstanding (Basic Average)?

Lakshmi Energy & Foods BOM:519570 Shares Outstanding (Basic Average) is 74 Mil as of Dec. 2018.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lakshmi Energy & Foods's average basic shares outstanding for the quarter that ended in Dec. 2018 was 74 Mil.

Lakshmi Energy & Foods  (BOM:519570) 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.

Lakshmi Energy & Foods Shares Outstanding (Basic Average) Related Terms

Lakshmi Energy & Foods Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Lakshmi Energy & Foods'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.

Lakshmi Energy & Foods Shares Outstanding (Basic Average) Chart

Lakshmi Energy & Foods Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Mar15 Mar16 Mar17 Mar18
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.95 66.49 66.49 68.91 71.34

Lakshmi Energy & Foods Quarterly Data
Dec13 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 71.97 73.34 71.03 74.04 73.64

Lakshmi Energy & Foods 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 74 Mil mean?
Lakshmi Energy & Foods (BOM:519570) has a Shares Outstanding (Basic Average) of 74 Mil as of Dec. 2018. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Lakshmi Energy & Foods and its competitors.
Is Lakshmi Energy & Foods' Shares Outstanding (Basic Average) too high?
Lakshmi Energy & Foods' current Shares Outstanding (Basic Average) is 74 Mil.
How does Lakshmi Energy & Foods' Shares Outstanding (Basic Average) compare to YEWB?
Lakshmi Energy & Foods' Shares Outstanding (Basic Average) of 74 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Shares Outstanding (Basic Average) depends on the Consumer Packaged Goods 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 Lakshmi Energy & Foods and its competitors. Lakshmi Energy & Foods's current Shares Outstanding (Basic Average) is 74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Energy & Foods stock overvalued right now?
Lakshmi Energy & Foods (BOM:519570) has a current Shares Outstanding (Basic Average) of 74 Mil. The current Shares Outstanding (Basic Average) is 74 Mil. 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 Lakshmi Energy & Foods (BOM:519570), the current Shares Outstanding (Basic Average) is 74 Mil as of Dec. 2018. 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.

Lakshmi Energy & Foods Business Description

Address Ludhiana - Chandigarh National Highway, Khamanon, Fatehgarh Sahib, PB, IND, 141801
Lakshmi Energy & Foods Ltd is a holding company. The company is a rice producer. It is engaged in the agri-business and food processing. Lakshmi Energy & Foods operates through two segments: Agri-based and Energy. The company is involved processing of rice of various varieties and grades, edible oil and whole wheat flour. It is engaged in the handling, storage, and transportation of food grains. It offers rice in categories, such as basmati, including Lazeez, Afreen, Supreme Delight, Royal Brilliance and Everyday Active, and non-basmati.