Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted bases which include exotic instruments such as options, or convertibles bonds.
About Shares Outstanding
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Based on latest financial disclosure Surat Textile Mills Limited has 222.06 M of shares currently outstending. This is 46.98% lower than that of the Industrial Goods sector, and about the same as Textile Industrial (which currently averages 218.13 M) industry, The Shares Outstanding for all stocks is 51.24% higher than the company.