Bharti Airtel Shares float
What is the Shares float of Bharti Airtel?
The Shares float of Bharti Airtel Limited is 2.292B 42.03%
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 Communication Services sector on BSE compared to Bharti Airtel
What does Bharti Airtel do?
Bharti Airtel Limited operates as a telecommunications company in 18 countries across Asia and Africa. It operates through Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Tower Infrastructure Services, Homes Services, Digital TV Services, and Others segments. The company's product offerings include 2G, 3G, and 4G wireless services, as well as mobile commerce, fixed line services, high speed home broadband, DTH, and enterprise services, including national and international long distance services to carriers. It also provides voice, data, video, network integration, data center, and managed services, as well as enterprise mobility applications and digital media solutions. In addition, the company operates submarine cable system; and provides telecom towers and related infrastructure for various mobile operators. As of March 31, 2020, it had approximately 423 million customers across its operations. The company was formerly known as Bharti Tele-Ventures Limited and changed its name to Bharti Airtel Limited in April 2006. The company was founded in 1995 and is headquartered in New Delhi, India.
Companies with shares float similar to Bharti Airtel
- Diageo Plc has Shares float of 2.271B 97.61%
- Total Se has Shares float of 2.272B
- Harbin Bank Co has Shares float of 2.278B 75.34%
- Kingwell has Shares float of 2.282B 78.85%
- China Starch has Shares float of 2.289B 38.18%
- Shenzhen Investment has Shares float of 2.292B 25.76%
- Bharti Airtel has Shares float of 2.292B 42.03%
- Shandong Gold Mining Co has Shares float of 2.297B 267.36%
- Lippo China Resources has Shares float of 2.297B 25.00%
- Telstra has Shares float of 2.299B 97.77%
- China U-Ton has Shares float of 2.303B 80.53%
- Hengdeli has Shares float of 2.307B 52.37%
- China International Marine Containers () Co has Shares float of 2.307B 74.67%