Abbott India Shares float
What is the Shares float of Abbott India?
The Shares float of Abbott India Limited is 5.169M 24.32%
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 BSE 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, metabolics, 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 founded in 1944 and is headquartered in Mumbai, India. Abbott India Limited operates as a subsidiary of Abbott Laboratories
Companies with shares float similar to Abbott India
- Arnold Ltd has Shares float of 5.135M 17.07%
- Cords Cable Industries has Shares float of 5.151M 39.84%
- The South India Paper Mills has Shares float of 5.152M 34.35%
- European Electric Metals has Shares float of 5.154M 97.19%
- HireQuest has Shares float of 5.160M 37.57%
- Swaraj Engines has Shares float of 5.162M 42.54%
- Abbott India has Shares float of 5.169M 24.32%
- InMed Pharmaceuticals has Shares float of 5.173M 3269.55%
- E Automotive Inc has Shares float of 5.174M 9.77%
- Banswara Syntex has Shares float of 5.185M 30.29%
- Alexander Stamps and Coin has Shares float of 5.185M 60.01%
- Acquired Sales has Shares float of 5.192M 53.14%
- Imaging Dynamics has Shares float of 5.200M 50.32%