Majesco Shares float
What is the Shares float of Majesco?
The Shares float of Majesco Limited is 14.880M 51.97%
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 Technology sector on NSE compared to Majesco
What does Majesco do?
Majesco Limited, together with its subsidiaries, provides cloud-based software solutions for the insurance industry in North America, Europe, and internationally. The company offers Property & Casualty Core Suite that provides core system capabilities, including policy, billing, and claims for property and casualty personal, commercial, workers' compensation, and specialty insurance; and L&A and Group Core Suite insurance software for individual, group, and voluntary benefits insurance. It also provides LifePlus Solutions for individual life, pensions, and wealth management; insurance distribution management software; Data and Analytics Platform, a business intelligence and analytics tool for claims, underwriting, policy, and billing functions; and Digital Insurance platform, a digital and micro-services based cloud-only platform solution. Majesco Limited offers software solutions for property, casualty and life, and annuity providers. In addition, it provides cloud implementation, cloud subscription, professional, and support and maintenance services. The company was formerly known as Minefields Computers Limited and changed its name to Majesco Limited in June 2015. Majesco Limited was incorporated in 2013 and is based in Navi Mumbai, India.
Companies with shares float similar to Majesco
- ImmunoPrecise Antibodies has Shares float of 14.844M 88.56%
- My Foodie Box Ltd has Shares float of 14.848M 22.16%
- Catasys has Shares float of 14.850M 77.49%
- Liberated Syndication has Shares float of 14.853M 55.86%
- Solara Active Pharma Sciences has Shares float of 14.858M 41.33%
- Manaksia Aluminium has Shares float of 14.862M 22.68%
- Majesco has Shares float of 14.880M 51.97%
- Lee Hing Development has Shares float of 14.884M 10.14%
- Spackman Equities has Shares float of 14.885M 99.90%
- Amber Enterprises India has Shares float of 14.891M 44.20%
- HSIL has Shares float of 14.892M 23.02%
- Jason Industries has Shares float of 14.912M 50.98%
- Allied Esports Entertainment has Shares float of 14.919M 38.12%