Shining Tools (BOM:544607) Shares Outstanding (Basic Average): 4.7 Mil (As of Mar. 2026)


BOM:544607 Shining Tools Ltd BOM:544607
19 GF Score
Price ₹86.00
! 2 Warning Signs
View Full Analysis

What is Shining Tools Shares Outstanding (Basic Average)?

Shining Tools BOM:544607 +3.61% 19 Shares Outstanding (Basic Average) is 4.7 Mil as of Mar. 2026. GuruFocus rates BOM:544607 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Shining Tools's average basic shares outstanding for the quarter that ended in Mar. 2026 was 4.7 Mil.

Shining Tools  (BOM:544607) 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.

Shining Tools Shares Outstanding (Basic Average) Related Terms

Shining Tools Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Shining Tools'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.

Shining Tools Shares Outstanding (Basic Average) Chart

Shining Tools Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
5.66 5.66 5.66 4.73

Shining Tools Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average) 5.66 5.66 5.66 4.73
BOM:544607
19GF Score
Shining Tools Ltd BOM:544607
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shining Tools 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 4.7 Mil mean?
Shining Tools (BOM:544607) has a Shares Outstanding (Basic Average) of 4.7 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Shining Tools and its competitors.
Is Shining Tools' Shares Outstanding (Basic Average) too high?
Shining Tools' current Shares Outstanding (Basic Average) is 4.7 Mil. Overall, Shining Tools has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Shining Tools' Shares Outstanding (Basic Average) compare to SNA and RBC?
Shining Tools' Shares Outstanding (Basic Average) of 4.7 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 Shining Tools and its competitors. Shining Tools's current Shares Outstanding (Basic Average) is 4.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Tools stock overvalued right now?
Shining Tools (BOM:544607) has a current Shares Outstanding (Basic Average) of 4.7 Mil. The current Shares Outstanding (Basic Average) is 4.7 Mil. Shining Tools' overall GF Score™ is 19/100 with 2 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 Shining Tools (BOM:544607), the current Shares Outstanding (Basic Average) is 4.7 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.

Shining Tools Business Description

Address Gondal Highway, Survey no. 63/2, Plot No. 2, Pipaliya, Gondal, Rajkot, GJ, IND, 360 311
Shining Tools Ltd is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India. Additionally, the company provides reconditioning services for used tools, ensuring their extended usability and performance. It is engaged in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering tooling solutions for modern manufacturing needs. The company derives the majority of its revenue from the manufacturing of customized tools.
19GF Score

Get the complete analysis for BOM:544607

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

₹86.00
Price