Archive · 13 Jan 2026

Gabion Technologies Share Price Drops 5%

Gabion Technologies Share Price Drops 5%

Gabion Technologies, a company that makes steel gabions and other geotechnical products, started selling its shares on the stock market on January 13, 2025.

At first, the shares were priced higher than expected, but then they dropped by 5% because more people wanted to sell them than buy them.

Even after the drop, the shares were still worth a bit more than when the company first offered them.

Gabion Technologies raised about ₹29.16 crore by selling these shares.

The company makes things like steel baskets for holding rocks and other materials used in construction and engineering projects.

They sell these products to governments, contractors, and other customers around the world.

Sources