Avalon Technologies Ltd (AVALON)

Avalon Technologies Ltd's Diversification and Efficiency Plans Boost Investor Confidence - 11 Sep, 2023

Brokerage firm Nuvama Institutional Equities highlights Avalon Technologies' diversification in industries, including clean energy, railways, aerospace, and medical. The company plans to move some production from the US to India to cut costs and improve efficiency in its US facilities. It aims to maintain FY23 margins and reduce interest expenses in FY24 using IPO funds. Working capital days are improving, with a target of reducing it by 10-15 days. Avalon Technologies serves global OEMs and has rallied 20-45% in the past month.

Avalon Technologies Shares Deliver 38.61% Returns - 07 Sep, 2023

Avalon Technologies Ltd's shares settle at ₹604.35 apiece on the BSE, delivering 38.61% returns from its issue price of ₹436.00. The issue was subscribed 2.34 times.

Avalon Technologies Among Companies with High Fund Manager Meetings - 24 Aug, 2023

Astral, Kaynes Technologies, Sriram Finance, Star Health Avalon Technologies, Bikaji Foods, and TCI Express are among the mid-cap companies that have seen high fund manager meetings since August 1.

Avalon Technologies Ltd's Stock Retreated 28.9% from Peak - 14 Aug, 2023

The stock of Avalon Technologies Limited has declined by 28.9% from its peak.

Avalon Technologies Added to MSCI Index, FIIs Buy Stake - 11 Aug, 2023

Avalon Technologies Ltd's stock gains as foreign institutional investors buy a 12.47% stake and the company is added to the MSCI India Domestic SmallCap index.

Avalon Technologies to Announce Quarterly Earnings Today - 10 Aug, 2023

Investors will be watching Avalon Technologies Ltd as the company is set to announce its quarterly earnings today.

Spark Initiates Buy Rating on Avalon Technologies - 27 Jun, 2023

Brokerage firm Spark has initiated a buy rating on Avalon Technologies with a target price of Rs 679. The EMS industry is expected to grow at above 25% CAGR over the next few years due to a large addressable import substitution opportunity and global firms shifting sourcing from China.