Avalon Technologies Limited (NSE: AVALON) has issued a clarification regarding recent media reports about a proposed stake sale by Mr. Bhaskar Srinivasan’s promoter group. The company emphasized that the reference to the KBS Family Trust should not be construed as a reference to Mr. Kunhamed Bicha or his promoter group, who are not involved in this proposed sale. For transparency, as of September 29, 2026, the shareholding of Mr. Bhaskar Srinivasan’s promoter group in Avalon is detailed below:

Shareholding Details

The shareholding distribution is as follows:

Bhaskar Srinivasan: 62,70,355 shares (9.38%)

BBS Family Trust: 20,20,710 shares (3.02%)

KBS Family Trust: 20,20,710 shares (3.02%)

Dolphin Family Trust: 1,000 shares (0.00%)

Together, these holdings make up a total of 1,03,12,775 shares (15.42%) of Avalon Technologies Limited. Avalon Technologies Limited remains committed to maintaining transparency and providing accurate information to its shareholders and stakeholders. For the latest regulatory disclosures on promoter shareholding, investors and stakeholders are advised to refer to the company’s official announcements.

For more details on Avalon Technologies Limited, please visit our website or contact our Chief Financial Officer, Suresh Veerappan.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Avalon Technologies Limited

Avalon Technologies Limited belongs to the Technology › Electronic Components sector. Here’s a quick read on where the business and the stock stand today.

Avalon gains 28.2% over three months and trades near its 52-week highs. The PEG reaches 3.98. The stock trades on brand and index weight, not on growth. Thin margins at 7.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Buyers show up with 2.0x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The business grows revenue at 19.3% and profits at 29.1%, with D/E of 0.00. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 3.98 premium is usually justified. Check Fundamentals of Avalon Technologies Limited.

Syrma SGS Technology Limited (NSE: SYRMA) inaugurated its new Medical Plastics and Precision Molding Facility in Jodhpur, Rajasthan, marking a significant milestone in the company’s expansion of its MedTech manufacturing capabilities. With a plant area of over 120,000 sq. ft., the facility brings together capabilities in medical plastics and precision molding, including injection molding, extrusion, blow molding, and tooling.

Enhanced Manufacturing Capabilities

The new facility is designed to support the manufacture of precision medical components, including multi-cavity and tight-tolerance molded components, medical and diagnostic tubing, customized tubing profiles, and other specialized applications. This expansion strengthens the broader manufacturing ecosystem of the Syrma SGS Group, with 17 global production sites and four design and innovation centers.

Strategic Investment

Commenting on the inauguration, Sandeep Tandon, Executive Chairman of Syrma SGS Technology Limited, said: “The inauguration of the Jodhpur facility marks an important milestone in the evolution of our MedTech capabilities and reflects our long-term commitment to building specialized, high-value manufacturing capabilities in India in this industry. As the global MedTech industry continues to evolve, we see significant opportunity to contribute through investments in precision manufacturing, technology, and scale.”

As a result, Syrma Johari MedTech’s position as a design-led global MedTech CDMO is further strengthened, with capabilities spanning design and engineering, precision plastics, tooling, cleanroom operations, and assembly. The company supports MedTech programs across areas including diagnostics, medical aesthetics, patient monitoring, surgical and interventional care, critical care, rehabilitation, and physical therapy.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Syrma SGS Technology Limited

Syrma SGS Technology Limited belongs to the Technology › Electronic Components sector. Here’s a quick read on where the business and the stock stand today.

Syrma gains 24.8% over three months and trades near its 52-week highs. Thin margins at 6.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 32.8% and profits at 38.6% CAGR. Both numbers are exceptional. The stock trades at 96% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The business grows revenue at 32.8% and profits at 38.6%, with D/E of 0.00. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 2.29 premium is usually justified. Check Fundamentals of Syrma SGS Technology Limited.

Avalon Technologies Limited (AVALON) and Zollner Elektronik AG have announced the formation of a strategic joint venture aimed at advancing electronics manufacturing in India. The joint venture will focus on Printed Circuit Board Assemblies (PCBA), box-build, and system integration manufacturing, serving customers across Health Care & Life Sciences, Test & Measurement, Rail, and other industrial verticals.

Strategic Expansion

The joint venture combines Avalon’s established manufacturing capabilities, supply chain relationships, and operating footprint in India with Zollner’s engineering expertise, international customer relationships, and full product lifecycle capabilities. This partnership aims to create a differentiated manufacturing platform in India, accelerate scale, and help global customers build more resilient and diversified supply chains.

Leadership Commentary

Markus Aschenbrenner, Member of the Managing Board at Zollner Elektronik AG, stated, ‘India is a highly dynamic market, both as a growing technology ecosystem and as an important part of our customers’ global strategies. With the Zollner Avalon JV, we are combining Avalon’s strong local presence and expertise with Zollner’s global capabilities, technological know-how and more than 60 years of experience in EMS. We see the JV as a long-term commitment and look forward to developing the business together.’ Kunhamed Bicha, Chairman and Managing Director of Avalon Technologies Limited, added, ‘This JV is strategically significant for Avalon. It expands our access to customers, opens new verticals and advances our capabilities in highly complex manufacturing.’

The joint venture is expected to bring together the strengths of both companies to provide global customers with a faster and more reliable path to manufacturing in India, with strong long-term potential in this partnership.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Avalon Technologies Limited

Avalon Technologies Limited belongs to the Technology › Electronic Components sector. Here’s a quick read on where the business and the stock stand today.

Avalon gains 39.9% over three months and trades near its 52-week highs. The PEG stands at 4.10 — severely stretched. Any earnings miss could trigger a sharp de-rating. Thin margins at 7.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Buyers show up with 1.6x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. The stock rises 39.9% in three months on 19.4% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Avalon Technologies Limited.