{"id":101407,"date":"2023-04-18T11:35:00","date_gmt":"2023-04-18T06:05:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=101407"},"modified":"2023-04-18T11:32:23","modified_gmt":"2023-04-18T06:02:23","slug":"biz-stocks-avalon","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-stocks-avalon\/","title":{"rendered":"Avalon Technologies shares make muted market debut; open 1% lower"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3194475755\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of Avalon Technologies made a muted market debut on Tuesday, listing with a discount of over 1 per cent on the BSE, against the issue price of Rs 436.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-274636444\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The stock made its debut at Rs 431, a decline of 1.14 per cent from the issue price on the BSE. It further fell 5.43 per cent to Rs 412.30.<\/p><p>At the NSE, shares of the firm listed at par with the issue price at Rs 436. As the trade proceeded, the stock dipped 2.98 per cent to Rs 423.<\/p><p>The initial public offer (IPO) of Avalon Technologies was subscribed 2.21 times on the last day of subscription on April 6.<\/p><div class=\"trade-content_5\" id=\"trade-1310526984\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The IPO of up to Rs 865 crore had a price range of Rs 415-436 a share.<\/p><p>Founded in 1999, Avalon is an end-to-end electronic manufacturing service solutions provider. It has 12 manufacturing units located across the US and India. PTI SUM SUM ANU ANU<\/p><div class=\"trade-after-content\" id=\"trade-1809917190\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of Avalon Technologies made a muted market debut on Tuesday, listing with a discount of over 1 per cent on the BSE, against the issue price of Rs 436. The stock made its debut at Rs 431, a decline of 1.14 per cent from the issue price on the BSE. It further fell 5.43 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":101412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1516,31],"tags":[],"class_list":["post-101407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Avalon Technologies shares make muted market debut; open 1% lower - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-stocks-avalon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avalon Technologies shares make muted market debut; open 1% lower\" \/>\n<meta property=\"og:description\" content=\"Shares of Avalon Technologies made a muted market debut on Tuesday, listing with a discount of over 1 per cent on the BSE, against the issue price of Rs 436. 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