Mishra Dhatu Nigam (NSE:MIDHANI) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )

View and export this data going back to 2018. Start your Free Trial

What is Mishra Dhatu Nigam 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. Mishra Dhatu Nigam's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Mishra Dhatu Nigam's 6-Month Share Buyback Ratio

For the Steel subindustry, Mishra Dhatu Nigam'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.

Mishra Dhatu Nigam's 6-Month Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mishra Dhatu Nigam's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Mishra Dhatu Nigam's 6-Month Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Mishra Dhatu Nigam 6-Month Share Buyback Ratio Calculation

Mishra Dhatu Nigam'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 )
	=	(187.340	-	187.340)	/	187.340
	=	0.00%

* 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.

Mishra Dhatu Nigam (NSE:MIDHANI) 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.

Mishra Dhatu Nigam 6-Month Share Buyback Ratio Related Terms

Mishra Dhatu Nigam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mishra Dhatu Nigam Ltd (NSE:MIDHANI) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

541195:India

Address

P.O. Kanchanbagh, Hyderabad, TG, IND, 500058

Website

https://www.midhani-india.in

Mishra Dhatu Nigam Ltd is engaged in the business of manufacturing superalloys, titanium, special purpose steel, and other special metals. Its product portfolio includes titanium and titanium alloys, special steel, fasteners, investment castings, open-die forgings, and others. Geographically, the company caters to both Indian and international markets, of which, a majority of its revenue is derived from its business in India.

Mishra Dhatu Nigam Headlines

No Headlines