“We find Abans being one of the beneficiaries of the government reforms,” said the brokerage. “Moreover, despite the shocks in the past such as the pandemic and current geopolitical situation, Abans Holding was able to grow at PAT levels in the last two years.” The company operates in a highly competitive environment and a crowded space where there is little differentiation in terms of product offerings.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment