Abbott India Shares float
What is the Shares float of Abbott India?
The Shares float of Abbott India Limited is 5.212M 24.53%
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 Health Care sector on NSE compared to Abbott India
What does Abbott India do?
Abbott India Limited operates as a pharmaceutical company in India. It offers pharmaceutical products for various therapeutic areas, such as women's health, gastroenterology, metabolic, central nervous system, pain management, nutritional supplements, vitamins, insomnia, vaccines, consumer health, etc. The company was formerly known as Knoll Pharmaceuticals Limited and changed its name to Abbott India Limited in July 2002. Abbott India Limited was incorporated in 1944 and is headquartered in Mumbai, India. Abbott India Limited is a subsidiary of Abbott Capital India Limited.
Companies with shares float similar to Abbott India
- Clear Media has Shares float of 5.200M 0.96%
- Tips Industries has Shares float of 5.201M 40.10%
- Parkway Acquisition has Shares float of 5.204M 92.79%
- Lovable Lingerie has Shares float of 5.206M 35.18%
- Wright Investors Service Hldgs has Shares float of 5.207M 25.76%
- CPP Plc has Shares float of 5.210M 58.99%
- Abbott India has Shares float of 5.212M 24.53%
- The McClatchy Co has Shares float of 5.213M 94.68%
- APM Industries has Shares float of 5.214M 24.13%
- Newmac Resources has Shares float of 5.216M 53.69%
- Morefield N.V has Shares float of 5.220M 57.68%
- Max Heights Infrastructure has Shares float of 5.221M 33.45%
- Premier Explosives has Shares float of 5.221M 48.56%