Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Dharni Capital Services's average basic shares outstanding for the quarter that ended in Mar. 2026 was 20.43 Mil.
Dharni Capital Services (BOM:543753) 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.
Dharni Capital Services Shares Outstanding (Basic Average) Related Terms
Dharni Capital Services Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Dharni Capital Services'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.
Dharni Capital Services Shares Outstanding (Basic Average) Chart
Dharni Capital Services 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 20.43 Mil mean?
Dharni Capital Services (BOM:543753) has a Shares Outstanding (Basic Average) of 20.43 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Dharni Capital Services and its competitors.
Is Dharni Capital Services' Shares Outstanding (Basic Average) too high?
Dharni Capital Services' current Shares Outstanding (Basic Average) is 20.43 Mil. Overall, Dharni Capital Services has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dharni Capital Services' Shares Outstanding (Basic Average) compare to BLK and BX?
Dharni Capital Services' Shares Outstanding (Basic Average) of 20.43 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management 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 Dharni Capital Services and its competitors. Dharni Capital Services's current Shares Outstanding (Basic Average) is 20.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dharni Capital Services stock overvalued right now?
Based on GuruFocus' analysis, Dharni Capital Services (BOM:543753) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹42.20, compared to a current price of ₹65.10 — trading 54.3% above its estimated fair value. The current Shares Outstanding (Basic Average) is 20.43 Mil. Dharni Capital Services' overall GF Score™ is 74/100 with 7 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 Dharni Capital Services (BOM:543753), the current Shares Outstanding (Basic Average) is 20.43 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 Dharni Capital Services (BOM:543753) Overvalued in 2026?
Based on GuruFocus' analysis, Dharni Capital Services stock appears to be overvalued.
The current stock price of ₹65.10 is trading 54.3% above its estimated GF Value™ of ₹42.20.
GuruFocus considers Dharni Capital Services to be Significantly Overvalued.
Key valuation signals for BOM:543753:
Shares Outstanding (Basic Average): 20.43 Mil
GF Value™: ₹42.20 vs. price of ₹65.10 (54.3% above fair value)
No single metric tells the full story. See the BOM:543753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dharni Capital Services Ltd is a one-stop shop for all financial services requirements, with a special focus on Investment Advisory Services. The company strives to cater to various financial needs, including but not limited to Investment Management, Financial Planning, Income Tax, Accounting, and Business Advisory services. The company's revenue includes offering Diversified Financial services such as Mutual Fund Distribution services and Fixed Deposit Distribution services, Real Estate Brokerage services, and Technical Consultancy and Outsourcing services, and also offers a technology-enabled, comprehensive Investment and Financial services platform with end-to-end solutions critical for financial product distribution and presence across both online and offline channels.
74GF Score
Get the complete analysis for BOM:543753
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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