Metroglobal Shares float
What is the Shares float of Metroglobal?
The Shares float of Metroglobal Limited is 1.526M 12.38%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Materials sector on BSE compared to Metroglobal
What does Metroglobal do?
MetroGlobal Limited operates in the dyes and dyes intermediates manufacturing, infrastructure and reality, and trading and finance businesses in India. The company trades in basic and specialty chemicals, dye intermediates, solvents, mineral ores, textile fabrics, ferrous and non-ferrous metals, and plastic granules, as well as precious metals, including silver and gold. It also develops residential buildings, row houses, commercial complexes, shopping malls, sheds, plots, and godowns. The company was formerly known as Global Boards Limited and changed its name to MetroGlobal Limited in September 2011. MetroGlobal Limited was incorporated in 1992 and is headquartered in Ahmedabad, India.
Companies with shares float similar to Metroglobal
- Midwest Hldg Inc has Shares float of 1.512M 55.51%
- Hisar Metal Industries has Shares float of 1.515M 28.06%
- Advance Syntex has Shares float of 1.518M 13.68%
- e Tera SA has Shares float of 1.519M 46.08%
- Cenlub Industries has Shares float of 1.520M 32.59%
- Sonagi, S.G.P.S., S.A has Shares float of 1.523M 15.23%
- Metroglobal has Shares float of 1.526M 12.38%
- Makers Laboratories has Shares float of 1.527M 31.05%
- Kulkarni Power Tools has Shares float of 1.533M 45.09%
- Bhagiradha Chemicals & Industries has Shares float of 1.538M 18.51%
- Daikaffil Chemicals India has Shares float of 1.544M 25.73%
- KSE has Shares float of 1.544M 48.25%
- Dynavision has Shares float of 1.549M 40.33%