Alok Industries (NSE:ALOKINDS) Shares Outstanding (Basic Average) : 4,906 Mil (As of Mar. 2024)

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Alok Industries Shares Outstanding (Basic Average) Definition

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Alok Industries's average basic shares outstanding for the quarter that ended in Mar. 2024 was 4,906 Mil.

Alok Industries Shares Outstanding (Basic Average) Historical Data

The historical data trend for Alok 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.

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Alok Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Shares Outstanding (Basic Average)

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1,448.09

3,735.11

4,966.67

4,974.35

4,952.16

Alok Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Shares Outstanding (Basic Average)	Get a 7-Day Free Trial															4,950.99	4,916.09	4,988.86	4,998.26	4,905.74

Alok 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.

Alok Industries (NSE:ALOKINDS) 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.

Alok Industries Shares Outstanding (Basic Average) Related Terms

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Alok Industries (NSE:ALOKINDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Alok Industries Ltd (NSE:ALOKINDS) » Definitions » Shares Outstanding (Basic Average)

Traded in Other Exchanges

521070:India

Address

Ganpatrao Kadam Marg, Peninsula Business Park, Tower B, 2nd and 3rd Floor, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.alokind.com

Alok Industries Ltd is an Indian textile company. The company is engaged in the manufacturing of textile, including mending and packing activities; leather, and other apparel products. Its divisions include Spinning, such as cotton yarn; Home Textiles, such as sheeting fabric, equivalent sheet sets, and terry towels; Apparel Fabrics, such as woven fabric (includes embroidery) and knits; Garments, and Polyester, such as continuous polymerization, partially oriented yarn (POY)/chip, draw texturized yarn (DTY), fully drawn yarn (FDY), polyester staple fiber/cationic yarn and masterbatch. Geographically, it derives a majority of revenue from India. The company generates the majority of its revenue from the Home Textiles product group.

Alok Industries (NSE:ALOKINDS) Headlines

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