India's Abans Holdings sinks in heavy vols on block deals

Abans Financial Services

03/07/2023 08:36

** Shares of Abans Holdings Ltd  ABAH.NS  plunge as much as
20% to 254.80 rupees, their lowest since May 12
    ** 1.23 million ABAH shares changed hands in 5 blocks at
between 254.80 rupees and 258 rupees apiece as at 12:47 p.m. IST
    ** About 7.4 mln traded by 12:59 p.m. IST, 11.6x the 30-day
avg and stock's most active session since their debut on Dec. 23
    ** Financial services co's stock has risen 48.4% since its
IPO

 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com))