Cords Cable Industries (NSE:CORDSCABLE) Shares Outstanding (Basic Average): 13 Mil (As of Mar. 2026)


NSE:CORDSCABLE Cords Cable Industries Ltd NSE:CORDSCABLE
83 GF Score
Price ₹208.39
GF Value ₹220.90
Valuation Fairly Valued
! 7 Warning Signs
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What is Cords Cable Industries Shares Outstanding (Basic Average)?

Cords Cable Industries NSE:CORDSCABLE -0.93% 83 Shares Outstanding (Basic Average) is 13 Mil as of Mar. 2026. GuruFocus rates NSE:CORDSCABLE with a GF Score™ of 83/100 and a GF Value™ of ₹220.90 (Fairly Valued). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Cords Cable Industries's average basic shares outstanding for the quarter that ended in Mar. 2026 was 13 Mil.


Cords Cable Industries  (NSE:CORDSCABLE) 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.


Cords Cable Industries Shares Outstanding (Basic Average) Related Terms


Cords Cable Industries Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Cords Cable Industries'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.

Cords Cable Industries Shares Outstanding (Basic Average) Chart

Cords Cable Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.93 12.93 12.93 13.04 13.00

Cords Cable Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.21 12.93 13.06 13.01 12.96
NSE:CORDSCABLE
83GF Score
Cords Cable Industries Ltd NSE:CORDSCABLE
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Cords Cable Industries 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 13 Mil mean?
Cords Cable Industries (NSE:CORDSCABLE) has a Shares Outstanding (Basic Average) of 13 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Cords Cable Industries and its competitors.
Is Cords Cable Industries' Shares Outstanding (Basic Average) too high?
Cords Cable Industries' current Shares Outstanding (Basic Average) is 13 Mil. Overall, Cords Cable Industries has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cords Cable Industries' Shares Outstanding (Basic Average) compare to VRT and BE?
Cords Cable Industries' Shares Outstanding (Basic Average) of 13 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 Cords Cable Industries and its competitors. Cords Cable Industries's current Shares Outstanding (Basic Average) is 13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cords Cable Industries stock overvalued right now?
Based on GuruFocus' analysis, Cords Cable Industries (NSE:CORDSCABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹220.90, compared to a current price of ₹208.39 — trading 5.7% below its estimated fair value. The current Shares Outstanding (Basic Average) is 13 Mil. Cords Cable Industries' overall GF Score™ is 83/100 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 Cords Cable Industries (NSE:CORDSCABLE), the current Shares Outstanding (Basic Average) is 13 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 Cords Cable Industries (NSE:CORDSCABLE) Overvalued in 2026?

Based on GuruFocus' analysis, Cords Cable Industries stock appears to be undervalued. The current stock price of ₹208.39 is trading 5.7% below its estimated GF Value™ of ₹220.90. GuruFocus considers Cords Cable Industries to be Fairly Valued.

Key valuation signals for NSE:CORDSCABLE:

  • Shares Outstanding (Basic Average): 13 Mil
  • GF Value™: ₹220.90 vs. price of ₹208.39 (5.7% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the NSE:CORDSCABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cords Cable Industries Business Description

Other Exchanges 532941:India
Address Shambhu Dayal Bagh Marg, Near Okhla Industrial Area Phase-III, 94, First Floor, Old Ishwar Nagar, New Delhi, IND, 110020
Cords Cable Industries Ltd is engaged in offering electrical wires and cables. It is focused on specialized control and instrumentation cables. It designs, develops and manufactures a varied range of Instrumentation, Control, Thermocouple Extension/ Compensating, Power and Communication cables. The company's products include Fieldbus Cables, FireSave-Fire Survival Cables, EPR Cables, XtremeTemp - Low Temperature Cables, ToxFree-Low Smoke Zero Halogen Cables, Oil and Gas Cables, Water Desalination and Special Custom Designed Hybrid Cables and Cordsol- photovoltaic (PV) Solar Cables.
83GF Score

Get the complete analysis for NSE:CORDSCABLE

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

₹208.39
Price
₹220.90
GF Value