Investment word of the day: Market capitalisation — what it means and formula to calculate it
Market capitalisation, or market cap, represents the total value of a company's outstanding shares, calculated by multiplying ...
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Investment word of the day: Market capitalisation — what it means and formula to calculate it
The formula to calculate market cap is — Market cap = Current stock price * total outstanding shares. For instance, if a company has 50,000 shares, with a closing price of Rs100 per share ...