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Mayank Cattle Food (BOM:544106) Shares Outstanding (Basic Average) : 5 Mil (As of Sep. 2024)


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What is Mayank Cattle Food Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Mayank Cattle Food's average basic shares outstanding for the quarter that ended in Sep. 2024 was 5 Mil.

Mayank Cattle Food Shares Outstanding (Basic Average) Historical Data

The historical data trend for Mayank Cattle Food'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.

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Mayank Cattle Food Shares Outstanding (Basic Average) Chart

Mayank Cattle Food Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Shares Outstanding (Basic Average)
5.40 5.40 5.40 3.89

Mayank Cattle Food Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24
Shares Outstanding (Basic Average) 5.40 5.40 5.40 3.89 5.39

Mayank Cattle Food 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.

Mayank Cattle Food  (BOM:544106) 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.

Mayank Cattle Food Shares Outstanding (Basic Average) Related Terms

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Mayank Cattle Food Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mayank Cattle Food Ltd (BOM:544106) » Definitions » Shares Outstanding (Basic Average)
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Traded in Other Exchanges
N/A
Address
Rajkot Jamnagar Highway, R. S. No. 162, Near Khandheri Stadium, Village Naranka, Tal. Paddhari, Rajkot, GJ, IND, 360110
Website
https://www.mayankcattlefood.com
Mayank Cattle Food Ltd is engaged in the manufacturing of Maize Cake (Cattle Feed) and maize Oil (Non-edible). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging, and selling of the Maize Oil and Maize Cake, and trade in Cotton cakes and Cotton Bales. Maize Oil or Corn Oil is extracted from the germ of Maize (Corn) and Maize Cake is the by-product obtained from the extraction of Maize Oil which is very high in fat or oil content.

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