In the vast world of stocks, some companies stand out for their sheer number of outstanding shares. These “high-float” stocks, with billions of shares circulating in the market, can hold significant sway over market indices and attract a wider range of investors.
This article delves into the intriguing realm of companies with the highest number of equity shares, exploring the reasons behind their large share issuance, the impact on their stock price, and potential investment considerations.
Following are the top 10 stocks with a high number of equity shares trading in the Indian Stock market:
| Sr. No. |
Name |
CMP Rs. |
Mar Cap Rs. Cr. |
1Yr return % |
No. of Share Holders |
No. Eq. Shares Cr. |
| 1 |
Vodafone Idea |
13.04 |
63478.50 |
93.75 |
3124128 |
4867.98 |
| 2 |
Yes Bank |
22.56 |
64896.27 |
36.48 |
4994636 |
2876.61 |
| 3 |
IOB |
60.69 |
114718.65 |
145.34 |
727348 |
1890.24 |
| 4 |
IOCL |
169.40 |
239213.77 |
107.82 |
2065514 |
1412.12 |
| 5 |
Suzlon Energy |
38.50 |
51941.72 |
369.81 |
3512040 |
1349.13 |
| 6 |
IRFC |
138.20 |
180606.76 |
360.19 |
3251993 |
1306.85 |
| 7 |
GTL Infrastructure |
1.62 |
2074.77 |
142.86 |
1233978 |
1280.70 |
| 8 |
ONGC |
259.15 |
326017.97 |
67.39 |
1588564 |
1258.03 |
| 9 |
Tata Steel |
143.15 |
178701.68 |
32.21 |
4343102 |
1248.35 |
| 10 |
ITC |
423.75 |
528902.26 |
11.35 |
3335815 |
1248.15 |
- Vodafone Idea:
Vodafone Idea, trading at Rs 13.04, has witnessed a remarkable 1-year return of 93.75%. With 3,124,128 shareholders and 4,867.98 crore equity shares, Vodafone Idea operates as one of India’s leading telecommunications service providers, offering a range of services including mobile telephony, wireless broadband, and digital services.
- Yes Bank
Yes Bank, priced at Rs 22.56, has shown a 1-year return of 36.48%. The bank boasts 4,994,636 shareholders and 2,876.61 crore equity shares. Yes Bank is a prominent Indian private sector bank known for its retail and corporate banking services, including loans, deposits, and investment solutions.
- Indian Overseas Bank (IOB):
IOB, with a share price of Rs 60.69, has surged by an impressive 145.34% over the past year. The bank has 727,348 shareholders and 1,890.24 crore equity shares. IOB is a major public sector bank in India, offering a wide array of banking products and services to retail and corporate customers, including savings accounts, loans, and investment options.
- Indian Oil Corporation Limited (IOCL):
IOCL, trading at Rs 169.40, has seen a substantial 1-year return of 107.82%. With 2,065,514 shareholders and 1,412.12 crore equity shares, IOCL is India’s largest oil refining and marketing company, engaged in the exploration, production, refining, and distribution of petroleum products.
- Suzlon Energy
Suzlon Energy, priced at Rs 38.50, has experienced a remarkable 1-year return of 369.81%. The company has 3,512,040 shareholders and 1,349.13 crore equity shares. Suzlon Energy is a leading renewable energy solutions provider, specializing in wind turbine manufacturing, installation, and maintenance services.
- Indian Railway Finance Corporation (IRFC)
IRFC, trading at Rs 138.20, has shown an impressive 1-year return of 360.19%. With 3,251,993 shareholders and 1,306.85 crore equity shares, IRFC is a dedicated financing arm of Indian Railways, responsible for raising funds for railway projects through various financial instruments.
- GTL Infrastructure:
GTL Infrastructure, priced at Rs 1.62, has surged by 142.86% over the past year. The company has 1,233,978 shareholders and 1,280.70 crore equity shares. GTL Infrastructure is involved in the development and maintenance of telecommunication towers and infrastructure, catering to the needs of various telecom operators in India.
- Oil and Natural Gas Corporation Limited (ONGC)
ONGC, with a share price of Rs 259.15, has demonstrated a 1-year return of 67.39%. With 1,588,564 shareholders and 1,258.03 crore equity shares, ONGC is India’s largest oil and gas exploration and production company, involved in the exploration, development, and production of crude oil and natural gas.
- Tata Steel
Tata Steel, trading at Rs 143.15, has shown a 1-year return of 32.21%. The company has 4,343,102 shareholders and 1,248.35 crore equity shares. Tata Steel is one of the leading steel producers in the world, manufacturing a wide range of steel products for various industries, including automotive, construction, and infrastructure.
- ITC Limited
ITC Limited, priced at Rs 423.75, has experienced a modest 1-year return of 11.35%. With 3,335,815 shareholders and 1,248.15 crore equity shares, ITC Limited is a diversified conglomerate with business interests in fast-moving consumer goods (FMCG), hotels, paperboards, packaging, and agribusiness.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
