Avance tech hits upper circuit, announces Excess2Sell acquisition
Avance Technologies surged 1.64% to ₹1.24, hitting a new 52-week high, after signing a term sheet to acquire B2B liquidation platform Excess2Sell. The deal awaits due diligence and regulatory approvals. FY25 results showed ₹172 crore net sales and ₹5 crore profit. The stock delivered 138% gains from its 52-week low and 67% returns last month.