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ABans Enterprises shines on incorporating WOS company

ABans Enterprises is currently trading at Rs. 82.00, up by 1.35 points or 1.67% from its previous closing of Rs. 80.65 on the BSE.

The scrip opened at Rs. 81.50 and has touched a high and low of Rs. 82.00 and Rs. 79.00 respectively. So far 657 shares were traded on the counter.

The BSE group ‘XT’ stock of face value Rs. 10 has touched a 52 week high of Rs. 82.00 on 11-Oct-2019 and a 52 week low of Rs. 19.50 on 15-Oct-2018.

Last one week high and low of the scrip stood at Rs. 82.00 and Rs. 72.00 respectively. The current market cap of the company is Rs. 113.69 crore.

The promoters holding in the company stood at 74.56%, while Non-Institutions held 25.44% stake in the company.

ABans Enterprises has incorporated a Wholly Owned Subsidiary (WOS) (Private Company limited by shares) namely ‘Splendid International’ in Mauritius with an object to trade in jewellery, precious stones and agri commodities in overseas markets and also providing allied consultancy services thereon.

ABans Enterprises, formerly known as Matru-Smriti Traders, engaged in the business of trading, processing, broking and consulting in all kind of commodities, agricultural products, base metals, precious metals and stones and trading in commodities, shares and derivatives of all kind in electronic exchanges.

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