Gravita India (NSE:GRAVITA) 6-Month Share Buyback Ratio : -7.01% (As of Dec. 2024 )

View and export this data going back to 2010. Start your Free Trial

What is Gravita India 6-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Gravita India's current 6-Month Share Buyback Ratio was -7.01%.

Competitive Comparison of Gravita India's 6-Month Share Buyback Ratio

For the Metal Fabrication subindustry, Gravita India's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gravita India's 6-Month Share Buyback Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gravita India's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Gravita India's 6-Month Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Gravita India 6-Month Share Buyback Ratio Calculation

Gravita India's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Jun. 2024 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Jun. 2024 )
	=	(68.038	-	72.808)	/	68.038
	=	-7.01%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gravita India (NSE:GRAVITA) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Gravita India 6-Month Share Buyback Ratio Related Terms

Gravita India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gravita India Ltd (NSE:GRAVITA) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

533282:India

Address

A-27 B, Shanti Path, 402, Gravita Tower, Tilak Nagar, Jaipur, RJ, IND, 302 004

Website

https://www.gravitaindia.com

Gravita India Ltd is involved in the metal fabrication business. It has business segments are Lead processing, Aluminium processing, Turn-key solutions, and Plastic manufacturing. It produces products like Lead, Aluminium, and Plastics. The organization sells its products in India and also exports them to other countries such as United Arab Emirates, South Korea and other countries. The majority of the firm's revenue is derived from the Lead processing segment.

Gravita India Headlines

No Headlines