Abans Financial Services inches up on getting nod to incorporate subsidiary company
Abans Financial Services is currently trading at Rs. 201.50, up by 0.10 points or 0.05% from its previous closing of Rs. 201.40 on the BSE.
The scrip opened at Rs. 201.00 and has touched a high and low of Rs. 201.50 and Rs. 201.00 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 241.00 on 16-Jan-2026 and a 52 week low of Rs. 196.30 on 10-Aug-2026.
Last one week high and low of the scrip stood at Rs. 206.45 and Rs. 201.00 respectively. The current market cap of the company is Rs. 1029.42 crore.
The promoters holding in the company stood at 70.58%, while Institutions and Non-Institutions held 20.91% and 8.50% respectively.
Abans Financial Services has received approval for incorporation of a subsidiary/ step-down subsidiary of the company. The proposed Subsidiary/ Step-Subsidiary shall be engaged in bullion trading business into international markets along with trading in securities/ commodities/ commodity derivatives.
The Board of Directors of the Company at its meeting held on November 11, 2026, has approved the same.
