Avance Technologies share price was in the spotlight on July 28, 2025, despite a sell-off in the market.
The consecutive upper circuits follow Avance Technologies' announcement on July 16, 2025, regarding signing a non-binding term sheet for the proposed acquisition of Checkers India Technology Private Limited, which operates the B2B inventory liquidation marketplace www.Excess2Sell.com. This acquisition represents a significant diversification opportunity, potentially unlocking new growth areas for the technology solutions provider.
Excess2Sell operates as a scalable platform connecting businesses with surplus inventory to value-conscious buyers, serving manufacturers, wholesalers, and retailers across electronics, fashion, and consumer goods categories.
The company reported consolidated net sales of ₹48.31 crore in March 2025, down 54.31% year on year. Despite the drop in revenue, the company managed to stay profitable, posting a net loss of ₹1.36 crore in Q4FY25 compared to a profit of ₹2.15 crore in Q4FY24, primarily due to higher tax expenses during the quarter.
On a full-year basis, for FY25, the company delivered a consolidated revenue from operations of ₹171.77 crore, up 19.05% from ₹144.29 crore in FY24, indicating robust growth momentum. Total income for FY25 stood at ₹173.96 crore, an 18.48% increase over the previous year. Profit before tax (PBT) rose 35.39% YoY to ₹6.81 crore from ₹5.03 crore, and net profit grew by 8.61% to ₹5.30 crore from ₹4.88 crore, despite a substantial jump in tax expenses
On July 28, 2025, Avance Technologies Limited share price opened at ₹1.34 on BSE, above the previous close of ₹1.32. During the day, it surged to ₹1.34 and dipped to ₹1.34. The stock is trading at ₹1.34 as of 1:42 PM. The stock hit an upper circuit.
Over the past week, it has moved up by 6.35%, over the past month, it has moved up by 55.81%, and over the past 3 months, it has moved up by 109.38%.
Read More: Jio Financial Services Share Price in Focus as Board to Consider Fund Raising on July 30, 2025!
Avance Technologies' back-to-back upper circuit performance, reaching ₹1.34 on July 28, 2025, reflects exceptional market momentum driven by the Excess2Sell acquisition announcement. The 55.81% monthly returns and sustained upper circuit limits demonstrate strong investor confidence in the company's strategic diversification into B2B inventory liquidation marketplace operations.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Jul 28, 2025, 3:02 PM IST
Team Angel One
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