Max Services Shares float
What is the Shares float of Max Services?
The Shares float of Max Financial Services Limited is 201.174M 58.29%
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 Finance sector on NSE compared to Max Services
What does Max Services do?
Max Financial Services Limited, through its subsidiary, Max Life Insurance Company Limited, provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company also engages in the treasury investment activities. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.
Companies with shares float similar to Max Services
- Stanmore Coal has Shares float of 200.605M 74.18%
- Canada Cobalt Works has Shares float of 200.668M 113.06%
- Allegiance Coal has Shares float of 200.687M 51.48%
- Vestas Wind Systems A/S has Shares float of 200.837M 99.98%
- AuMake International has Shares float of 200.882M 54.46%
- Best Buy Co has Shares float of 201.143M 74.75%
- Max Services has Shares float of 201.174M 58.29%
- Fidelity RMT-Fidelity SaveEasy 2030 has Shares float of 201.333M 30.11%
- ServiceNow has Shares float of 201.394M 112.32%
- Harborside has Shares float of 201.457M 510.70%
- Rathdowney Resources has Shares float of 201.495M 87.44%
- Sirios Resources has Shares float of 201.541M 94.64%
- IncentiaPay has Shares float of 201.676M 16.19%