Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Servotech Renewable Power System's average basic shares outstanding for the quarter that ended in Mar. 2026 was 227 Mil.
Servotech Renewable Power System (NSE:SERVOTECH) 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.
Servotech Renewable Power System Shares Outstanding (Basic Average) Related Terms
Servotech Renewable Power System Shares Outstanding (Basic Average) Historical Data
* 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.
Servotech Renewable Power System Shares Outstanding (Basic Average) Chart
Servotech Renewable Power System 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 227 Mil mean?
Servotech Renewable Power System (NSE:SERVOTECH) has a Shares Outstanding (Basic Average) of 227 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Servotech Renewable Power System and its competitors.
Is Servotech Renewable Power System's Shares Outstanding (Basic Average) too high?
Servotech Renewable Power System's current Shares Outstanding (Basic Average) is 227 Mil. Overall, Servotech Renewable Power System has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Servotech Renewable Power System's Shares Outstanding (Basic Average) compare to VRT and BE?
Servotech Renewable Power System's Shares Outstanding (Basic Average) of 227 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 Servotech Renewable Power System and its competitors. Servotech Renewable Power System's current Shares Outstanding (Basic Average) is 227 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Servotech Renewable Power System stock overvalued right now?
Based on GuruFocus' analysis, Servotech Renewable Power System (NSE:SERVOTECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹149.30, compared to a current price of ₹98.45 — trading 34.1% below its estimated fair value. The current Shares Outstanding (Basic Average) is 227 Mil. Servotech Renewable Power System's overall GF Score™ is 88/100 with 3 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 Servotech Renewable Power System (NSE:SERVOTECH), the current Shares Outstanding (Basic Average) is 227 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 Servotech Renewable Power System (NSE:SERVOTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Servotech Renewable Power System stock appears to be undervalued.
The current stock price of ₹98.45 is trading 34.1% below its estimated GF Value™ of ₹149.30.
GuruFocus considers Servotech Renewable Power System to be Possible Value Trap.
Key valuation signals for NSE:SERVOTECH:
Shares Outstanding (Basic Average): 227 Mil
GF Value™: ₹149.30 vs. price of ₹98.45 (34.1% below fair value)
No single metric tells the full story. See the NSE:SERVOTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Servotech Renewable Power System Business Description
Servotech Renewable Power System Ltd is an Indian company in manufacturing, trading, and exporting LED, UPS, Solar Products & Flameproof LED Lights. The firm is engaged in the production, development, and marketing of both indoor and outdoor LED lighting products, solar products, and Ultraviolet C products. The product portfolio of the company includes LED tube lights and bulbs, street lights, floodlights, canopy lights, yard lights, FLP tubes, hoarding lights, system controllers, UPS, solar charge controllers, solar rooftops, UV Disinfection Lamp, UV Disinfection Handheld, UV Disinfection Truck, Sterilization Box, UVC RoboTruk, and UVLEN based on far UVC technology and others. Substantial revenue is derived from domestic sales.
88GF Score
Get the complete analysis for NSE:SERVOTECH
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SERVOTECH has been successfully added to your 
