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Avalon Technologies promoters divest 6% stake worth ₹871 crore

pre-market1 source ↓written by the desknot a recommendation

with promoters selling
6% of equity
₹870.6 crore
Mutual Fund acquired
24.02 lakh shares
each
₹2,171
totaling
₹521.38 crore

Avalon Technologies saw a bulk deal on the BSE, with promoters selling 6% of equity for ₹870.6 crore. Kotak Mahindra Mutual Fund acquired 24.02 lakh shares at ₹2,171 each, totaling ₹521.38 crore. The stock closed at ₹2,294.50, down 0.49% from the previous day.

This divestment may influence market sentiment as the company's market capitalization stands at ₹15,346.14 crore. Promoter holdings now total 44.39% as of June quarter.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 1 Oct 2026, 07:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

AVALON closed −0.7% on the day of the news, from ₹2,296.70 to ₹2,280.20; Nifty −0.9% over the same session.

Bulletin at 07:02 IST on 1 Oct 2026. Every change is measured from ₹2,296.70, the last close before it, on 30 Sept. Nifty 50 is measured over the same sessions.

  • AVALON close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
AVALON closes around the bulletin against the close before the news, with Nifty 50 rebased to it168022972913axis spans 73%before the news · 30 Sept2297Nifty 50AVALONbulletinD024 Sept29 Sept1 OctReference close ₹2,296.70. 6 sessions from 24 Sept to 1 Oct; the price axis spans 73 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Sept₹2,296.70basebase
On the day1 Oct₹2,280.20▼ −0.7%▼ −0.9%+0.2 pp difference
+1 sessionnot reached yet———
+3 sessionsnot reached yet———
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▼ −0.4%−8.73 on 1 Oct
Day's range, % · ₹
6.2%≈ 140 high to low
Volume on the day
0.42×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · AVALON on the desk →

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