The Avance Technologies share price hit an upper circuit on August 5, 2025. The stock price soared more than 50% in just one month, and in the last 3 months, it has more than doubled with gains of over 130%.
This surge in stock price comes in the wake of a significant corporate announcement. Avance Technologies has revealed that it has signed a non-binding term sheet to acquire India's premier tech-enabled B2B overstock inventory liquidation marketplace, Excess2Sell.com. The acquisition, which is still subject to due diligence and regulatory approvals, marks a strategic move for the company.
The proposed acquisition signifies Avance Technologies' entry into the overstock inventory liquidation space, a sector that is increasingly being recognised for its high potential. Overstock inventory has long been a challenge for the retail industry, and Excess2Sell.com’s platform aims to provide a solution by enabling manufacturers, wholesalers, and retailers to efficiently liquidate their surplus stock.
Excess2Sell.com has developed a scalable platform that facilitates the liquidation of excess inventory, helping companies solve one of retail's most pressing issues. By acquiring this platform, Avance Technologies is positioning itself to tap into this underpenetrated market and take advantage of the growing demand for overstock liquidation solutions.
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Avance Technologies, founded with a mission to bridge the gap between excess inventory and value-conscious buyers, has diversified operations. The company is primarily engaged in distributing information technology (IT) products, including both software and hardware resales. Additionally, Avance Technologies offers an extensive array of services.
Beyond marketing, the company also specialises in Artificial Intelligence, Blockchain, Internet of Things (IoT), Cloud Services, Software Testing, Vulnerability Testing, SMS and WhatsApp Marketing, and PPC advertising.
This acquisition, along with the company’s diverse service offerings, strengthens its position in the market. As the retail industry increasingly faces challenges related to unsold inventory, Avance Technologies is poised to play a crucial role in streamlining this process through the Excess2Sell platform.
In conclusion, Avance Technologies' recent stock surge, coupled with its acquisition plans, highlights the company's strategic intent to diversify and innovate in new business areas. Investors and industry watchers will be keenly awaiting further developments as the deal progresses.
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.
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Published on: Aug 5, 2025, 2:43 PM IST
Team Angel One
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