Abans Enterprises is currently trading at RS. 30.60, up by 0.67 points or 2.24% from its previous close of RS. 29.93 on the BSE.
The stock opened at RS. 32.49 and touched a high and low of RS. 32.49 and RS. 30.51 respectively. A total of 7357 shares have been traded so far.
This BSE group 'X' stock with a face value of RS. 2 has seen a 52-week high of RS. 45.40 on October 21, 2024, and a 52-week low of RS. 22.40 on May 23, 2024. In the past week, the stock has moved between RS. 32.49 and RS. 25.25. The company’s current market capitalization stands at RS. 213.43 crore.
Promoters hold a majority stake of 74.56% in the company, while institutional and non-institutional investors hold 11.48% and 13.96% respectively.
The Board of Directors, in its meeting held on May 14, 2025, approved raising funds up to RS. 1,000 crore through the issuance of debt securities or other non-convertible securities on a private placement basis. These may be listed or unlisted and issued in one or more tranches, subject to necessary shareholder and regulatory approvals.
Abans Enterprises is engaged in the trading, processing, broking, and consulting of various commodities, including agricultural products, base and precious metals, stones, and also operates in commodities, shares, and derivatives through electronic exchanges.