Avalon Technologies: Clarification on Media Reports regarding Proposed Stake Sale by Mr. Bhaskar Srinivasan's Promoter Group
Avalon Technologies (AVALON) filed a disclosure titled "Clarification on Media Reports regarding Proposed Stake Sale by Mr. Bhaskar Srinivasan's Promoter Group". The company is valued at about ₹15,435 crore.
What happened
Avalon Technologies (AVALON) filed a disclosure with the exchanges on 30 September 2026 at 10:59 AM titled "Clarification on Media Reports regarding Proposed Stake Sale by Mr. Bhaskar Srinivasan's Promoter Group".
Company snapshot
Avalon Technologies is a small-cap company in the Capital Goods sector, with a market value of about ₹15,435 crore.
The stock last traded at ₹2,310.2, against a 52-week range of ₹777.3–₹2,618 (11.8% below the high).
Before this filing the shares had moved +3.5% over the month and +28.7% over three months. Average daily turnover over the last 20 sessions was about ₹161 crore.
Promoters held 44.39% at the end of Q1 FY27, down 0.03% points from the previous quarter. Foreign institutions owned 7.81% and domestic institutions 24.72%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 323 | 14.2 | 2.14 |
| Q2 FY26 | 382 | 25 | 3.75 |
| Q3 FY26 | 418 | 32.6 | 4.89 |
| Q4 FY26 | 480 | 41.2 | 6.16 |
| Q1 FY27 | 484 | 34.9 | 5.22 |
What history shows
BCEIE's records show 4 previous corporate update filings from the company since May 2026.
After those filings, the stock gained 1.0% on average the next trading day and was up 2.9% on average after five days (4 filings with price data).
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 4 Sept 2026 | Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and… | +4.3% | +3.1% |
| 3 Sept 2026 | Corporate update | +4.6% | +0.7% |
| 2 Sept 2026 | Options to purchase securities | −3.0% | −1.1% |
| 4 Aug 2026 | A press release dated August 04, 2026, titled "Press Release for the… | −1.7% | +8.8% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Vanguard Group picks up over 1% stake each in Avalon Tech, Pine Labs, SJS Enterprises, SKF India
- Avalon Technologies Ltd leads gainers in 'A' group
- Avalon Technologies: 7 Stock Signals to Watch
- Avalon Technologies: 40% revenue CAGR, 27% share price upside and order book growth; what else MOFSL says
- Avalon Technologies shareholders approve FY26 accounts, reappoint chairman
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.