SEL Manufacturing Shares float
What is the Shares float of SEL Manufacturing?
The Shares float of SEL Manufacturing Company Limited is 81.838k 24.70%
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 Consumer Discretionary sector on NSE compared to SEL Manufacturing
What does SEL Manufacturing do?
SEL Manufacturing Company Limited, an integrated textile company, engages in the spinning, knitting, and processing of yarns and fabrics in India and internationally. The company offers cotton combed/carded knitting yarns, slub yarns, organic cotton yarns, poly/cotton blends, TFO double yarns, elitwist yarns, compact yarns, polyester/viscose blended yarns, cotton/modal blends, cotton bamboo blends, zero twist yarns, and melange yarns. It also provides terry towels, including beach, bath, kitchen, Christmas, and embroidered/embellished towels, as well as terry made ups; and readymade garments, such as T-shirts, tops, inner wears, night suits, boxers, sweaters, etc. for men and boys, and women and girls, as well as infants, toddlers, and kids. In addition, the company offers knitted fabrics consisting of single jersey, pique, sheer jersey, interlock, waffle, ottoman, flat back rib, yarn dyed striper, mini-jacquard, electronic jacquard, velour, pointel, suede, rib, variegated rib, cotton fleece, and polyester fleece fabrics, as well as knitted garments, processed fabrics, and various kinds of yarn. SEL Manufacturing Company Limited was founded in 1969 and is based in Ludhiana, India.
Companies with shares float similar to SEL Manufacturing
- Imobiliaria Construtora Grao Para, S.A has Shares float of 74.019k 3.75%
- Realites SCA has Shares float of 74.142k 1.70%
- NSC e SA has Shares float of 75.713k 16.41%
- Vision Hydrogen has Shares float of 76.426k 0.96%
- Schweizerische Nationalbank has Shares float of 76.728k 76.73%
- Ige+Xao Sa has Shares float of 79.284k 6.10%
- SEL Manufacturing has Shares float of 81.838k 24.70%
- Litho Formas, S.A has Shares float of 82.367k 16.88%
- Installux S.A has Shares float of 82.676k 28.85%
- Tessi SA has Shares float of 85.795k 2.63%
- Televista SA has Shares float of 90.220k
- APRIL has Shares float of 90.877k 0.22%
- CFI-Compagnie Fonciere Internationale has Shares float of 92.470k 10.83%