Stay updated with breaking news from Avalon Technologies. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shares of Avalon Technologies made a muted debut at Dalal Street on Tuesday as the company was listed at a price of Rs 431, a discount of a little more than 1% on BSE against its issue price of Rs 436. Watch this Business Today Visual Story to know more.
Based on the OI percentage, 56 stocks, including ICICI Lombard General Insurance Company, Crompton Greaves Consumer Electricals, Laurus Labs, Navin Fluorine International and Coforge, saw long build-ups.
The sector, through the Cellular Operators Association of India (COAI), has asked the government to reduce the licence fees from 3 per cent to 1 per cent.
The subdued market conditions and muted response to the IPO from investors barring QIBs may be key reasons for the pathetic performance of the stock.
Avalon Technologies IPO listing on April 18: Check Avalon Technologies IPO share price band, allotment, subscription and status details, Markets News, Times Now