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Avance Technologies is currently trading at upper limit of Rs. 0.90, up by 0.04 points or 4.65% from its previous closing of Rs. 0.86 on the BSE.

The scrip opened at Rs. 0.90 and has touched a high and low of Rs. 0.90 and Rs. 0.89 respectively. So far 14798677 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 1.71 on 11-Mar-2024 and a 52 week low of Rs. 0.37 on 11-Oct-2023.

Last one week high and low of the scrip stood at Rs. 0.90 and Rs. 0.76 respectively. The current market cap of the company is Rs. 178.37 crore.

The promoters holding in the company stood at 0.68%, while Non-Institutions held 99.32% stake in the company.

Avance Technologies has received approval from the Ministry of Corporate Affairs for incorporation of wholly owned subsidiary (WOS) of the Company in the name and style of ‘Avance Platforms’. The wholly owned subsidiary is incorporated in the state of Maharashtra vide Certificate of Incorporation granted by Central Registration Centre, Ministry of Corporate Affairs.

The object of incorporation is to carry on the business of providing outsourcing services for all processes, sub-Processes, transactions, activities and all other work performed by business in various industries within India and across the world. This includes those process or sub processes that are enabled by information technology. It also includes date, voice or video collection and processing, call centre services including in bound and out bound calling services of all kinds, technical support, managed data centre, managed technical centre, training centre, web support back office, business or financial analysis, scientific analysis, research work and analysis, storage, disaster recovery, accounting, pay roll, inventory management, customer relationship management, enterprises resources planning and to develop software, provide consultancy, software solution and services that are normally offered by the outsourcing business and information technology services providers, the software development houses and application services providers.

Avance Technologies started by providing global technology management services in Product Testing, Technical Communications, Management Consulting, IT Integrations & Implementations, IT Service Management, Help Desk, Technical Support, Outbound Sales and Marketing, and Channel Support.Avance Technology is building the next generation trading software that is scalable for performance and tolerant against system crashes.