The Economic Times

Avalon Tech shares fall 6% after Rs 883 crore block deal; 3 promoter entities likely sellers

Avalon Technologies shares sharply on Wednesday after an Rs 883 crore block deal involving 6.06% of the companys equity. Three promoter entities were reported to be the likely sellers. The transaction is estimated to be worth between Rs 861.9 crore and Rs 922 crore.