Abans Holdings Hits 52-Week Low Amid Broader Finance Sector Resilience

Jan 29 2025 03:05 PM IST
share
Share Via
Abans Holdings, a small-cap entity in the Finance/NBFC sector, hit a new 52-week low today, reflecting significant volatility. The stock has underperformed its sector over the past year, contrasting with the overall market's positive performance. Key moving averages indicate a sustained downward trend for the company.
Abans Holdings, a small-cap player in the Finance/NBFC sector, has experienced significant volatility today, reaching a new 52-week low of Rs. 184.1. This decline marks a notable intraday drop of 9.35%, contributing to an overall performance that has underperformed its sector by 6.91%.

The stock's current trading position is below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend. Over the past year, Abans Holdings has faced challenges, with a performance decline of 40.16%, contrasting sharply with the Sensex, which has gained 6.29% during the same period.

In the broader context, the Finance/NBFC sector has shown resilience today, gaining 2.44%. This juxtaposition highlights the specific struggles faced by Abans Holdings amidst a generally positive sector performance. Investors and market watchers will be keen to observe how these trends evolve in the coming days.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News