Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Multi Commodity Exchange of India's average basic shares outstanding for the quarter that ended in Mar. 2026 was 255 Mil.
Multi Commodity Exchange of India (BOM:534091) 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.
Multi Commodity Exchange of India Shares Outstanding (Basic Average) Related Terms
Multi Commodity Exchange of India Shares Outstanding (Basic Average) Historical Data
* 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.
Multi Commodity Exchange of India Shares Outstanding (Basic Average) Chart
Multi Commodity Exchange of 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 255 Mil mean?
Multi Commodity Exchange of India (BOM:534091) has a Shares Outstanding (Basic Average) of 255 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Multi Commodity Exchange of India and its competitors.
Is Multi Commodity Exchange of India's Shares Outstanding (Basic Average) too high?
Multi Commodity Exchange of India's current Shares Outstanding (Basic Average) is 255 Mil. Overall, Multi Commodity Exchange of India has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi Commodity Exchange of India's Shares Outstanding (Basic Average) compare to SPGI and CME?
Multi Commodity Exchange of India's Shares Outstanding (Basic Average) of 255 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Shares Outstanding (Basic Average) depends on the Capital Markets 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 Multi Commodity Exchange of India and its competitors. Multi Commodity Exchange of India's current Shares Outstanding (Basic Average) is 255 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi Commodity Exchange of India stock overvalued right now?
Based on GuruFocus' analysis, Multi Commodity Exchange of India (BOM:534091) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,272.55, compared to a current price of ₹2,832.60 — trading 13.4% below its estimated fair value. The current Shares Outstanding (Basic Average) is 255 Mil. Multi Commodity Exchange of India's overall GF Score™ is 90/100. 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 Multi Commodity Exchange of India (BOM:534091), the current Shares Outstanding (Basic Average) is 255 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 Multi Commodity Exchange of India (BOM:534091) Overvalued in 2026?
Based on GuruFocus' analysis, Multi Commodity Exchange of India stock appears to be undervalued.
The current stock price of ₹2,832.60 is trading 13.4% below its estimated GF Value™ of ₹3,272.55.
GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.
Key valuation signals for BOM:534091:
Shares Outstanding (Basic Average): 255 Mil
GF Value™: ₹3,272.55 vs. price of ₹2,832.60 (13.4% below fair value)
No single metric tells the full story. See the BOM:534091 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multi Commodity Exchange of India Business Description
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments and other miscellaneous income.
90GF Score
Get the complete analysis for BOM:534091
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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