Avance Technologies Share Price Surges to 52 Week High Despite Weakness in the Indian Market

Shares of Avance Technologies Ltd, a small-cap IT and digital solutions firm, have soared to a 52-week high of ₹1.89 on the BSE, despite weakness in the broader Indian market. The stock has more than doubled in the past month and delivered 41% returns year-to-date, with a remarkable 4,000% gain over 5 years. 

This surge follows the company’s announcement in mid-July of a non-binding term sheet to acquire Checkers India Technology Private Limited, owner of Excess2Sell.com, a B2B platform specialising in overstock inventory liquidation.

Acquisition Catalyst Drives Major Price Rally

On July 16, 2025, Avance Technologies' Board approved entering a non-binding agreement to purchase Checkers India, an actionable step toward expanding into the underpenetrated overstock inventory liquidation sector. This sector addresses a key retail challenge—disposal of unsold stock across categories, including electronics, fashion, and homewares, through an online B2B marketplace that allows direct supplier-to-buyer transactions supported by pricing and listing tools. The acquisition is subject to due diligence and regulatory approval.

Investors reacted strongly as Avance’s share price hit the upper circuit of 5% for five consecutive trading sessions, demonstrating increased market interest in the company's growth prospects linked to this strategic move.

About Avance Technologies

Founded in 1985, Avance Technologies has evolved beyond traditional IT product sales to offer a broad spectrum of digital marketing and IT solutions such as software development, marketing automation, influencer marketing, and app-based e-commerce. Clients include major corporations like Tata Tele and Reliance.

Financially, the company reported consolidated net sales of ₹48.31 crore in March 2025, down 54.31% year-on-year, yet maintained profitability with a net profit of ₹5.30 crore for FY25, up 8.61% compared to the previous year. 

Read More: Vantage Share Price Hits Upper Circuit After Launch of Chartered Global Investment Banker Program in India!

Avance Technologies Share Price Performance

On August 28, 2025, Avance Technologies share price opened at ₹1.89 on BSE, above the previous close of ₹1.86. During the day, it surged to ₹1.89 and dipped to ₹1.89. The stock is trading at ₹1.89 as of 11:03 AM. The stock registered a moderate gain of 1.61%.

Over the past week, it has moved up by 6.78%, over the past month, it has moved up by 38.97%, and over the past 3 months, it has moved up by 155.41%.

Conclusion

Avance Technologies’ spurt to a 52-week high despite market weakness underscores strong investor enthusiasm driven by the proposed acquisition of Checkers India Technology Pvt Ltd. The strategic move into B2B overstock inventory liquidation marks a significant business expansion for the company, promising diversified growth avenues alongside its established digital marketing and IT services 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. 

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