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Lesha Industries (BOM:533602) Shares Outstanding (Diluted Average) : 284.5 Mil (As of Sep. 2024)


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What is Lesha Industries Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lesha Industries's average diluted shares outstanding for the quarter that ended in Sep. 2024 was 284.5 Mil.


Lesha Industries Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Lesha Industries's Shares Outstanding (Diluted 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.

Lesha Industries Shares Outstanding (Diluted Average) Chart

Lesha Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.72 96.10 14,300.00 14,300.00 14,300.00

Lesha Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shares Outstanding (Diluted 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 121.00 142.04 143.00 146.38 284.52

Lesha Industries Shares Outstanding (Diluted 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.


Lesha Industries  (BOM:533602) Shares Outstanding (Diluted 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.


Lesha Industries Shares Outstanding (Diluted Average) Related Terms

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Lesha Industries Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006
Lesha Industries Ltd is an Indian based company engaged in trading of various steel products, trading of goods and dealing in Shares and securities. It earns revenue majorly from sale of Steel Product and Trading in goods. The business activities of the group are functioned through the segments which include Steel, Trading of Goods, and Others. Geographically activities are conducted through the region of India and it derives majority of the revenue from the trading of goods segment.

Lesha Industries Headlines

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