Edelweiss Mutual Fund decreased its stake in Avalon Technologies Limited from 1.48% to 1.25%, selling 1,52,313 shares. The value of the sold shares is approximately ₹26.29 Cr at ₹1724.00 apiece.
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.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.