In today’s fast-paced world, electronic manufacturing companies are the backbone of technological progress. They produce the devices we use daily, from smartphones to home appliances. Their innovative technologies make communication, work, and entertainment more accessible. These companies drive economic growth by creating jobs and supporting industries.
Additionally, they foster technological advancements, improving efficiency in healthcare, education, and transportation. With continuous innovation, electronic manufacturers shape our connected world, simplifying tasks and enhancing convenience. As a result, they significantly impact our lives, making technology more reliable and affordable for everyone. Their importance continues to grow, powering the digital age and making everyday activities smoother and faster.
Share Price
The shares of Avalon Technologies Limited are currently trading at Rs. 645.4 up by 0.77% from its previous close of Rs. 640.5 as of January 30, 2025. The stock also jumped 5% to hit an intraday high of Rs. 672.
Recent Updates
On 29th January 2025, Axis Mutual Fund acquired a 1.11% stake in Avalon, purchasing 735,632 shares at an average price of Rs. 621 per share. The total value of this transaction amounted to approximately Rs. 45.68 crore. This purchase reflects the fund’s interest in expanding its position in Avalon, signaling potential confidence in the company’s prospects.
In contrast, HDFC Focused 30 Fund sold a slightly larger 1.12% stake, offloading 745,000 shares at an average price of Rs. 620.94 per share, totaling Rs. 46.26 crore. The sale suggests a shift in the fund’s portfolio, possibly to realign its investment strategy. These simultaneous large-scale transactions highlight significant institutional activity in Avalon, which could impact stock sentiment and reflect differing outlooks between the two major investors.
Result Date
The company is expected to declare its Q3, 2024-25 result on 5th February, 2025
About the Company
Incorporated in 1999, Avalon Technologies Limited is a leading Electronic Manufacturing Services (EMS) company, offering end-to-end solutions for high-value, precision-engineered products. The company specializes in providing a full stack of products and services, from printed circuit board (PCB) design and assembly to the manufacturing of complete electronic systems, also known as “Box Build.”
Avalon Technologies serves global OEMs across key markets, including the United States, China, Netherlands, and Japan. With a strong focus on quality and innovation, the company has established itself as a trusted partner for delivering complex electronic solutions. Avalon’s comprehensive capabilities and global presence enable it to cater to diverse industries, making it a key player in the EMS sector.
Written By: Dipangshu Kundu
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