Avance Technologies hits UC, board approves ₹49.90 cr rights issue
Avance Technologies shares rose 2% to ₹1.83, hitting a 52-week high from ₹1.8, giving 252% returns from its 52-week low of ₹0.52. The Board approved a rights issue up to ₹49.90 crore, with Re 1 face value shares. Q1FY26 revenue fell 22.55% QoQ to ₹37.42 crore, while net profit recovered to ₹1.62 crore, down 26.16% YoY.