Abans Financial Services Ltd Achieves Notable Stock Surge Amid Increased Trading Activity

May 05 2025 10:00 AM IST
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Abans Financial Services Ltd's stock reached an intraday high of Rs 221.56, hitting the upper circuit limit. The trading volume was approximately 0.83 million shares, with a turnover of Rs 1.79 crore. The stock has shown notable volatility and strong performance metrics within the finance sector.
Abans Financial Services Ltd, a small-cap player in the Finance/NBFC sector, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 221.56. This marks a significant change of Rs 32.13, translating to a 17.4% increase from the previous trading session. The stock has shown strong performance, outperforming its sector by 14.8% and achieving a remarkable 15.93% return over the last three days.

The trading activity today was robust, with a total traded volume of approximately 0.83 million shares and a turnover of Rs 1.79 crore. The stock has exhibited a wide trading range of Rs 35.56, indicating notable volatility. While the last traded price stood at Rs 216.77, it is important to note that the stock has been trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages.

Despite a decline in delivery volume, which fell by 91.35% compared to the 5-day average, the liquidity remains sufficient for trading activities. Overall, Abans Financial Services Ltd has demonstrated strong performance metrics today, reflecting its current market position within the finance sector.
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