Avalon Technologies

Avalon Leads 8.3% Rally on SEMICON Day 2; PM Modi Inaugurates $13.4B Chip Push

Kaynes Tech, Syrma SGS, Avalon, and Dixon Tech rally on SEMICON India Day 2; Avalon leads with 8.3% gain. India's $13.4B semiconductor fund boosts chip ambitions; PM Modi inaugurated event with global participation. Source: NDTV Profit

Avalon Jumps 7% as Nomura Ups Target on Strong Q1, Growth Outlook

Avalon Technologies surged 7% to ₹2,352 after Nomura raised its target price to ₹2,767.32, citing strong Q1 results and growth prospects. Nomura expects Avalon's JV with Zollner to strengthen European presence in healthcare and life sciences, driving sustainable growth. Source: Livemint

Nifty Smallcap 500 Hits 52-Week High; Syrma, Strides Jump 12%

Nifty Smallcap 500 index hits 52-week high; Syrma, Strides, Avalon surged 10-18% in intra-day trading. Syrma rallies 12% to ₹1,626.50, while Strides rises 12% to ₹1,185 amid heavy trading volumes. Source: Business Standard

Nomura Hikes Avalon Tech Target to ₹2,767 on Zollner JV

Nomura raised Avalon Technologies' target price to ₹2,767 from ₹2,211. The revision follows a JV with Zollner Elektronik for manufacturing in India. Source: NDTV Profit

Nomura Ups Avalon Target on Zollner JV, Sees Earnings Boost

Nomura raises Avalon Technologies' target, citing JV with Zollner. The JV is expected to expand EMS capacity and boost earnings. Source: CNBC TV18

Avalon Tech: Nomura on Avalon Technologies Buy, Target Price ₹2,767, as the Zollner JV improves long-term growth through European expansion, global customers and entry into high-complexity healthcare/lifesciences and test & measurement, with US$30–50mn investment potentially boosting FY29E EPS by ~21% at the midpoint.

Avalon Tech Rises on JV with Zollner AG

Avalon Technologies gains after forming JV with European EMS leader Zollner Elektronik AG. The JV targets sectors like healthcare, rail, and other industrial verticals globally. Source: Capital Market

Avalon, Zollner JV to Boost PCBA in India

Avalon Technologies forms JV with Zollner Elektronik AG to establish Zollner Avalon Pvt Ltd for PCBA manufacturing in India. Avalon Board approves key appointments/reappointments and incorporation of wholly owned subsidiary with initial capital of INR 2 lakh. Source: BSE

Avalon Q1 Revenue Jumps 49.8% YoY; Eyes ₹3,200 Cr by FY29

Avalon Technologies posted 49.8% YoY revenue growth in Q1 FY27, achieving 23.4% ROCE and 12% EBITDA margin. Stock returned 359% in 3 years. Company targets Rs 3,200 cr revenue by FY29, driven by semiconductor, aerospace, railway and clean energy projects. US operations aim for breakeven. Source: Financial Express