Neutral impactOrders & Deals

Avalon Tech block deal: Promoters divest 6% stake worth Rs 871 crore

Economic Times 46 min ago·30 Sept 2026, 4:09 pm

Avalon Technologies saw an Rs 870.6 crore bulk deal as three promoter entities sold 40.08 lakh shares, representing 6% equity. Kotak Mahindra Mutual Fund bought 24.02 lakh shares, while Nomura retained its Buy rating and raised its target price.

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Key takeaways

  • Concerns Avalon Technologies (AVALON).
  • Category: Orders & Deals.

Why it matters

A routine update for Avalon Technologies. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Economic Times.

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