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Deal▼ Bearish for Avalon Technologies
Avalon Technologies shares fall 5% after equity worth ₹883 crore changes hands in block deals
The brief
- Avalon Technologies shares fell 5% after ₹883 crore worth of equity changed hands in block deals
- Three promoter entities were set to sell up to 6% of outstanding equity
- The block deal and promoter stake sale may weigh on Avalon Technologies shares
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Avalon Technologies promoter stake sale
Avalon Technologies shares fell after ₹883 crore of equity changed hands in block deals; three promoter entities were set to sell up to 6% of the company.
Wednesday, 30 September
- Avalon Technologies shares fall 5% after equity worth ₹883 crore changes hands in block deals