GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M V K Agro food product Ltd (NSE:MVKAGRO) » Definitions » Shares Outstanding (Basic Average)

M V K Agro food product (NSE:MVKAGRO) Shares Outstanding (Basic Average) : 15.5 Mil (As of Sep. 2023)


View and export this data going back to 2024. Start your Free Trial

What is M V K Agro food product Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. M V K Agro food product's average basic shares outstanding for the quarter that ended in Sep. 2023 was 15.5 Mil.


M V K Agro food product Shares Outstanding (Basic Average) Historical Data

The historical data trend for M V K Agro food product'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.

* Premium members only.

M V K Agro food product Shares Outstanding (Basic Average) Chart

M V K Agro food product Annual Data
Trend Mar21 Mar22 Mar23
Shares Outstanding (Basic Average)
15.49 15.49 15.49

M V K Agro food product Quarterly Data
Mar21 Mar22 Mar23 Sep23
Shares Outstanding (Basic Average) 15.49 15.49 15.49 15.49

M V K Agro food product 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.


M V K Agro food product  (NSE:MVKAGRO) 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.


M V K Agro food product Shares Outstanding (Basic Average) Related Terms

Thank you for viewing the detailed overview of M V K Agro food product's Shares Outstanding (Basic Average) provided by GuruFocus.com. Please click on the following links to see related term pages.


M V K Agro food product (NSE:MVKAGRO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807
M V K Agro food product Ltd is a sugar and other allied products manufacturing company. It manufactures sugar and also sells by-products and waste products, namely, Molasses, Bagasse, and Pressmud, and is also engaged in the generation of Power for captive consumption. The company has two segments, namely Sugar and its by-products/waste products from which the sugar segment generates maximum revenue.

M V K Agro food product (NSE:MVKAGRO) Headlines

No Headlines