Avalon Technologies Limited
Tata AIA Life Insurance increased its stake in Avalon Technologies Limited from 1.01% to 1.20% by purchasing 122,569 shares. The value of the additional shares is approximately ₹21.13 crore, based on a share price of ₹1,724.00.
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.
Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.