Avalon Technologies Limited

Axis Mutual Fund increased its stake in Avalon Technologies Limited from 3.20% to 3.33%, purchasing 88,743 shares. The shares were valued at approximately ₹15.30 crore based on Avalon Technologies' share price of ₹1724.00.

A leading fully integrated Electronic Manufacturing Services company, Avalon Tech delivers end-to-end box-build solutions for high-value precision-engineered products across multiple industries. Incorporated in 1999, the company operates with comprehensive in-house capabilities spanning design, manufacturing, assembly, and quality testing. Its focus on complex electronics manufacturing and vertical integration differentiates it within India's competitive EMS sector.

Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.