Abans

Abans Holdings shares have experienced a significant decline, dropping over 40% in the past month and 44% from their 52-week high. Despite this, Aditya Birla Money has issued a 'Buy' rating for the stock, predicting a potential upside of 98% with a target price of ₹710. The firm anticipates a CAGR growth of 25% in earnings for Abans Holdings over FY24-26, citing the company's strong positioning and diversification as key factors for future growth. Currently, the stock trades at a discount compared to its peers, suggesting a good investment opportunity despite recent corrections.

Abans Holdings shares have experienced a significant decline, dropping over 40% in the past month and 44% from their 52-week high. Despite this, Aditya Birla Money has issued a 'Buy' rating for the stock, predicting a potential upside of 98% with a target price of ₹710. The firm anticipates a CAGR growth of 25% in earnings for Abans Holdings over FY24-26, citing the company's strong positioning and diversification as key factors for future growth. Currently, the stock trades at a discount compared to its peers, suggesting a good investment opportunity despite recent corrections.