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The Economic Times

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Avalon Tech block deal: Promoters divest 6% stake worth Rs 871 crore

Avalon Technologies saw an Rs 870.6 crore bulk deal as three promoter entities sold 40.08 lakh shares, representing 6% equity. Kotak Mahindra Mutual Fund bought 24.02 lakh shares, while Nomura retained its Buy rating and raised its target price.

30 Sep 2026 9:39 pm