Avro India Ltd (AVROIND)

₹129.1▲4.92%

Get free price alerts. Set up your Free investment account to get Live Prices. >

Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Avro India Ltd share Performance

₹123.05
₹134
₹129.1
4.69%
Low
Day's Volatility:8.48%
High
3.80%
₹94
₹170.85
₹129.1
27.19%
Low
52 Weeks Volatility:59.53%
High
32.34%

Returns %
1 Month Return	-5.78 %
3 Month Return	-8.78 %
1 Year Return	-13.59 %

Market Stats
Previous Close	₹₹123.05
Open	₹₹123.05
Volume	₹2.38L
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹124.13Cr

Company Information

Avon Moldplast Limited was initially incorporated as Nira Investment Private Limited in 1996 and changed its name to Avon Moldplast Limited in 2018. It has been a leading producer of plastic moulded furniture since 2002. Their corporate office and manufacturing facility is situated in Uttar Pradesh with a fully functional unit. The three promoters of the company are Mr. Sushil Kumar Aggarwal, Mrs. Anita Aggarwal and Mr. Sahil Aggarwal. Avon Moldplast Limited has been actively producing quality plastic moulded furniture for 18 years and continues to stand at the forefront of the sector.

Share Price: ₹129.10 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹124.13Cr as of today
Listing date: 26 Jul, 2018
Chairperson Name: Sushil Kumar Aggarwal

Organisation	Avro India Ltd
Headquarters
Industry	Plastic products
E-voting on shares	Click here to vote

Key events for Avro India Ltd

Avro India Ltd Expands Geographically and Onboards New Distributors - 08 Apr, 2024
Avro India Ltd has onboarded over 50 distributors in Q4 of FY 2023-24 and is set to onboard more than 50 distributors in Q1 of FY 2024-25. The company has expanded its reach beyond North Indian territories, tapping potential distributors and dealers in 24 states and union territories across India. Revenue increased by 54% from Rs. 18.97 crores to Rs. 29.18 crores in the December quarter, with net profits increasing by 9%. Return on equity (RoE) and return on capital employed (RoCE) also saw significant increases.
Avro India Ltd Share Price Drops 29% in a Month - 28 Mar, 2024
Avro India Ltd's share price has dropped by 29% over the last month, capping off a tough year for shareholders with an overall drop of 11%. Despite this, some shareholders believe that the recent performance is at its limits and have been accepting lower selling prices. The company's P/E ratio of 27.1x is also considered high compared to the median P/E in India.
Avro India's Net Debt Raises Concerns - 13 Mar, 2024
Avro India Limited has a net debt of about ₹140.8m, with liabilities outweighing cash and receivables by ₹25.9m. Its use of debt is considered risky due to substantial negative free cash flow over the last three years.

Fundamentals of Avro India Ltd

Insights on Avro India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.00% to 0.02% in Mar 2024 quarter
POSITIVE IMPACT
Price Rise
In the last 3 years, AVROIND stock has moved up by 930.6%
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, AVROIND has outperformed top 5 stocks with highest market-cap in Home Furnishings
NO EFFECT
Against Peers
In the last 1 year, Indo Count Industries Ltd has given 125.8% return, outperforming this stock by 139.4%
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 70.37% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 29.63% to 29.61% in Mar 2024 quarter