Avance Technologies, a penny stock trading below ₹5, has hit the upper circuit for 59 consecutive sessions, delivering a whopping 405% return in just 6 months. The IT services firm has attracted investor attention amid a proposed acquisition and a shift toward the overstock inventory liquidation segment.
Avance Technologies share price is trading at ₹3.03 after climbing 2% in yet another upper circuit session, marking its 59th straight daily gain. The stock has delivered an extraordinary return of 405% in 6 months and 283.54% over the last 1 year, making it one of the standout multibagger penny stocks on the market.
Despite overall market volatility, the stock has shown relentless bullish momentum. The current rally, largely supported by investor sentiment and strategic announcements, has boosted the company’s market cap and visibility in the small-cap space.
In July 2025, Avance Technologies' Board approved a non-binding term sheet to acquire Checkers India Technology Pvt Ltd, which operates Excess2Sell.com. The platform specialises in clearing surplus inventory, a major issue for the retail sector. Avance highlighted this acquisition as an entry into a high-growth, relatively untapped market segment.
The deal, still subject to due diligence and agreement finalisation, is seen as a significant step to diversify revenue streams and tap into B2B e-commerce avenues through technology-led solutions.
Read More: Avance Technologies Holds 41st Annual General Meeting: Key Outcomes; Share Price in Focus!
Headquartered in Navi Mumbai, Avance Technologies offers IT solutions such as digital infrastructure, hybrid infrastructure management, IoT services, and data centre optimisation. The company, originally founded as VMC Software in 1985, rebranded to its current identity as it broadened service offerings across healthcare, finance, hospitality, and manufacturing sectors.
On September 29, 2025, the firm held its 41st Annual General Meeting virtually. The e-voting results and the scrutinizer’s report were made public, adding to the company's commitment towards compliance and transparency in its operations.
On October 7, 2025, Avance Technologies share price opened at ₹3.03 on BSE, above the previous close of ₹2.98. The stock is trading at ₹3.03 as of 12:26 PM. The stock registered a gain of 1.68% hitting the upper circuit.
Over the past week, it has moved up by 7.07%, over the past month, it has moved up by 42.25%, and over the past 3 months, it has moved up by 209.18%.
Avance Technologies' dramatic rise in share price, fuelled by consistent upper circuits and a new acquisition proposal, has turned it into a multibagger stock in just a few months. The firm’s evolution into an inventory-tech solutions provider positions it for new growth opportunities.
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: Oct 7, 2025, 4:45 PM IST
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