Avance Technologies more than doubled in 3 months, with the close rising from ₹0.81 on June 9, 2025, to ₹2.21 on September 10, 2025, supported by steady upper circuits and heavy volumes across July to September.
The share price climbed 163% from ₹0.81 on June 9, 2025, to ₹2.21 on September 10, 2025, reflecting a sustained momentum phase.
There were 35 sessions showing upper circuit-like behaviour between July 1 and September 10, alongside cumulative volume of 1,33,93,61,452 shares, indicating persistent buying interest.
The following are key catalysts behind the stock’s rally:
Avance announced signing a non-binding term sheet to acquire B2B overstock inventory liquidation marketplace Excess2Sell, marking entry into the high-potential inventory liquidation space.
The platform enables manufacturers, wholesalers and retailers to liquidate surplus stock using smart pricing and category coverage across electronics, fashion, home goods and lifestyle, aligning with Avance’s tech-led ambitions.
Standalone revenue was ₹2,520.81 lakh with profit before tax of ₹54.13 lakh in Q1 FY26, while consolidated revenue was ₹3,741.90 lakh with profit before tax of ₹162.06 lakh.
Consolidated EPS stood at ₹0.01, and paid-up equity capital remained ₹19,819.17 lakh, framing a stabilising financial base during the scale-up phase.
Read More: Avance Technologies Hits 52-Week High on Strategic Acquisition!
The board approved the re-designation of Latesh Poojary as Chairman and Managing Director, subject to shareholder approval, signalling management continuity.
The board also approved raising funds via a rights issue up to ₹49.90 crore of fully paid equity shares of face value ₹1, enhancing growth flexibility.
On September 10, 2025, Avance Technologies share price opened at ₹2.21 on BSE, and the stock hit an upper circuit limit of 1.84%.
Avance Technologies’ 3-month surge reflects a convergence of the Excess2Sell term sheet, Q1 FY26 results, and board-led initiatives on leadership and funding, underpinned by strong market momentum.
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Published on: Sep 10, 2025, 1:30 PM IST
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