Binani Industries Shares float
What is the Shares float of Binani Industries?
The Shares float of Binani Industries Limited is 12.563M 40.05%
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 NSE compared to Binani Industries
What does Binani Industries do?
Binani Industries Limited, through its subsidiaries, provides media and publication services in India and internationally. It operates through Media, Logistics, Zinc and by Products, Glass Fiber, and Other Products segments. The company publishes a portfolio of trade journals, which provide information on the happenings in the metals, construction, and infrastructure industries, such as Minerals and Metals Review, a monthly magazine; Minerals and Metals Review Weekly, a tabloid that provides weekly wrap-up and updates on metal and market prices, trade intelligence, crucial industry issues, and news; Metals Today Daily, a daily electronic newsletter; and Construction Industry Review, a weekly tabloid, as well as organizes trade events, seminars, workshops, conferences, and exhibitions. It also trades in shares and securities; and offers ordinary Portland cement, Pozzolona Portland cement, and ground granulated blast-furnace slag, as well as develops and supplies fiberglass products and technologies for the reinforcement of thermoplastics and thermosets, and high-grade glass fiber. In addition, the company provides engineering, procurement, and construction services; consultancy and engineering services; and manufacturing services. Further, it is also involved in infrastructure activities; provision of manpower management services; and mining of minerals, as well as provides zinc and metals allied products. Binani Industries Limited was founded in 1872 and is based in Mumbai, India.
Companies with shares float similar to Binani Industries
- UFO Moviez India has Shares float of 12.525M 44.18%
- Bluegreen Vacations has Shares float of 12.527M 68.48%
- Haulotte SA has Shares float of 12.533M 42.37%
- Haulotte SA has Shares float of 12.533M 42.48%
- New Delhi Television has Shares float of 12.539M 19.45%
- Mohawk has Shares float of 12.548M 41.16%
- Binani Industries has Shares float of 12.563M 40.05%
- Panariagroup Industrie Ceramiche S.p.A has Shares float of 12.565M 27.97%
- Insurance Acquisition has Shares float of 12.565M Inf%
- Faster Enterprises has Shares float of 12.570M 11.34%
- EFH has Shares float of 12.577M 85.31%
- Gulf Oil Lubricants India has Shares float of 12.578M 24.94%
- Gattaca plc has Shares float of 12.594M 39.00%