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Ramdevbaba Solvent (NSE:RBS) Shares Outstanding (Basic Average) : 22 Mil (As of Mar. 2023)


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What is Ramdevbaba Solvent Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ramdevbaba Solvent's average basic shares outstanding for the quarter that ended in Mar. 2023 was 22 Mil.


Ramdevbaba Solvent Shares Outstanding (Basic Average) Historical Data

The historical data trend for Ramdevbaba Solvent'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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Ramdevbaba Solvent Shares Outstanding (Basic Average) Chart

Ramdevbaba Solvent Annual Data
Trend Mar21 Mar22 Mar23
Shares Outstanding (Basic Average)
22.13 22.13 22.13

Ramdevbaba Solvent Semi-Annual Data
Mar21 Mar22 Mar23
Shares Outstanding (Basic Average) 22.13 22.13 22.13

Ramdevbaba Solvent 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.


Ramdevbaba Solvent  (NSE:RBS) 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.


Ramdevbaba Solvent Shares Outstanding (Basic Average) Related Terms

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Ramdevbaba Solvent Business Description

Traded in Other Exchanges
N/A
Address
Central Avenue Road, Honey Arjun Kaushalya Tower, 2nd Floor, Block No. 205 and 206, Telephone Exchange Chowk, Near HDFC Bank, Nagpur, MH, IND, 440008
Ramdevbaba Solvent Ltd is engaged in the business of manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil. It manufactures and sells Rice Bran Oil to FMCG companies. The company manufactures Rice Bran Oil under its own brands Tulsi and Sehat and sells through distributors who in turn sell to various retailers across Maharashtra. The company also produces De-oiled Rice Bran (DORB), which is a by-product in the extraction of Rice Bran Oil, and sells the same as cattle feed, poultry feed, and fish feed in the States of Maharashtra, Goa, Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana, Karnataka, Kerala and Tamil Nadu. The company generates all of its revenue from the sale of products.

Ramdevbaba Solvent Headlines

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