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 55.76% lower than that of the Industrial Goods sector, and 11.24% lower than that of Textile Industrial industry, The Shares Outstanding for all stocks is 57.96% higher than the company.