On Monday, Avance Technologies shares surged to a 2% upper circuit at ₹1.68, a new 52-week high. The Board approved a rights issue of up to ₹49.90 crore. While Q1FY26 revenue declined to ₹37.42 crore, the company posted a net profit of ₹1.62 crore, recovering from the previous quarter's loss, despite a year-on-year profit decrease.