Nakoda Group of Industries (NSE:NGIL) Shares Outstanding (Basic Average): 17.3 Mil (As of Mar. 2026)


NSE:NGIL Nakoda Group of Industries Ltd NSE:NGIL
65 GF Score
Price ₹37.24
GF Value ₹27.69
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nakoda Group of Industries Shares Outstanding (Basic Average)?

Nakoda Group of Industries NSE:NGIL +1.75% 65 Shares Outstanding (Basic Average) is 17.3 Mil as of Mar. 2026. GuruFocus rates NSE:NGIL with a GF Score™ of 65/100 and a GF Value™ of ₹27.69 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nakoda Group of Industries's average basic shares outstanding for the quarter that ended in Mar. 2026 was 17.3 Mil.

Nakoda Group of Industries  (NSE:NGIL) 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.

Nakoda Group of Industries Shares Outstanding (Basic Average) Related Terms

Nakoda Group of Industries Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Nakoda Group of 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.

Nakoda Group of Industries Shares Outstanding (Basic Average) Chart

Nakoda Group of 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 13.39 13.22 13.84 14.45 17.09

Nakoda Group of 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 14.46 17.48 17.94 17.62 17.29
NSE:NGIL
65GF Score
Nakoda Group of Industries Ltd NSE:NGIL
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nakoda Group of 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 17.3 Mil mean?
Nakoda Group of Industries (NSE:NGIL) has a Shares Outstanding (Basic Average) of 17.3 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nakoda Group of Industries and its competitors.
Is Nakoda Group of Industries' Shares Outstanding (Basic Average) too high?
Nakoda Group of Industries' current Shares Outstanding (Basic Average) is 17.3 Mil. Overall, Nakoda Group of Industries has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nakoda Group of Industries' Shares Outstanding (Basic Average) compare to KHC and GIS?
Nakoda Group of Industries' Shares Outstanding (Basic Average) of 17.3 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Shares Outstanding (Basic Average) depends on the Consumer Packaged Goods 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 Nakoda Group of Industries and its competitors. Nakoda Group of Industries's current Shares Outstanding (Basic Average) is 17.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakoda Group of Industries stock overvalued right now?
Based on GuruFocus' analysis, Nakoda Group of Industries (NSE:NGIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹27.69, compared to a current price of ₹37.24 — trading 34.5% above its estimated fair value. The current Shares Outstanding (Basic Average) is 17.3 Mil. Nakoda Group of Industries' overall GF Score™ is 65/100 with 6 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 Nakoda Group of Industries (NSE:NGIL), the current Shares Outstanding (Basic Average) is 17.3 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 Nakoda Group of Industries (NSE:NGIL) Overvalued in 2026?

Based on GuruFocus' analysis, Nakoda Group of Industries stock appears to be overvalued. The current stock price of ₹37.24 is trading 34.5% above its estimated GF Value™ of ₹27.69. GuruFocus considers Nakoda Group of Industries to be Significantly Overvalued.

Key valuation signals for NSE:NGIL:

  • Shares Outstanding (Basic Average): 17.3 Mil
  • GF Value™: ₹27.69 vs. price of ₹37.24 (34.5% above fair value)
  • GF Score™: 65/100 with 6 warning signs

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

Nakoda Group of Industries Business Description

Other Exchanges 541418:India
Address South Old Bagad Ganj, Plot No. 239, Small Factory Area, Nagpur, MH, IND, 440008
Nakoda Group of Industries Ltd is a manufacturer of Tutti Fruity (Diced Chelory) also called as Papaya Preserve, Karonda Cherries (Indian Cherries), Sweet lime peels, Orange Cut Peels, All Variety of Jams, fruit pulp, Sauces, Canned Vegetables and Frozen Fruits & Vegetables; and also deals in preparation, processing, trading of all types of Dry Fruits, Roasted and Salted Nuts, Popcorns, Sesame Seeds Hulled Auto dry, Spices, Fox Nuts (Makhanas), Cotton and cotton bales, chia seeds, sabja seeds, Amla Candy (Sweet & Chatpata), Gulkand, Amla Powder, Amla Murabba, Invested Sugar Syrup etc.
65GF Score

Get the complete analysis for NSE:NGIL

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

₹37.24
Price
₹27.69
GF Value