Shares of Avance Technologies surged to ₹2.09 on September 5, 2025, hitting the upper circuit limit and registering a fresh 52-week high. The stock has risen sharply by 301.92% from its 52-week low of ₹0.52 on April 1, 2025, driven by optimism around a strategic acquisition in the B2B surplus inventory liquidation segment.
Avance Technologies has confirmed the signing of a non-binding term sheet to acquire Checkers India Technology Private Limited, which operates the B2B platform Excess2Sell.com. This platform enables businesses to efficiently liquidate surplus inventory in categories like electronics, fashion and homeware. The move is in line with Avance’s diversification strategy, aimed at capturing opportunities in an underpenetrated market.
The proposed acquisition is subject to due diligence, definitive agreements and necessary regulatory approvals. The company sees this as a strategic step to tackle retail sector challenges such as unsold stock while expanding its own service portfolio.
On September 5, 2025, Avance Technologies’ stock traded at ₹2.09 with a 1.99% gain from its previous close. The company's market capitalisation stood at ₹414.22 crore. This performance highlights renewed investor interest, especially as the stock was locked in its upper circuit and continued its upward trend.
The stock's rebound from ₹0.52 on April 1, 2025, represents a 301.92% gain in just 5 months, demonstrating strong market enthusiasm fuelled by its expansion plans and business transformation.
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Established in 1985, Avance Technologies has evolved from being an IT product seller to a full-service digital marketing and IT solutions provider. Its services include software development, market research, app-based marketing, WhatsApp-enabled commerce and influencer marketing.
This planned acquisition signals a strategic transformation aimed at blending digital innovation with practical B2B commerce solutions in a high-potential niche.
On September 5, 2025, Avance Technologies share price opened at ₹2.09 on BSE, above the previous close of ₹2.05. The stock is trading at ₹2.09 as of 10:29 AM, hitting the upper circuit. The stock registered a moderate gain of 1.99%.
Over the past week, it has moved up by 6.77%, over the past month, it has moved up by 40.41%, and over the past 3 months, it has moved up by 159.49%.
Avance Technologies' latest surge to a 52-week high reflects strong investor optimism around its proposed acquisition in the B2B surplus inventory space. With its ongoing diversification strategy and a sharp turnaround in stock price, the company is positioning itself for growth in a promising new vertical.
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: Sep 5, 2025, 2:19 PM IST
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