Market Performance
In today’s stock market action, Avance Technologies share price once again drew attention. On Tuesday, September 2, the penny stock locked in its upper circuit limit of 2%, touching a fresh record high. This marks the 38th consecutive session where the stock has hit the upper circuit, reflecting a rare and sustained rally in such a small-cap counter.
The momentum has been relentless since June 24, 2025, when the rally began. In just over two months, the stock price has more than doubled, creating a buzz across Dalal Street and among retail investors tracking penny stock movements.
Avance Technologies Share Price Movement
- Opening Price (September 2): ₹1.98
- Previous Close: ₹1.95
- Day’s Gain: 1.5% higher at open, immediately hitting the upper band of ₹1.98
This ₹1.98 level is not just a price point; it represents a new lifetime high for Avance Technologies on the BSE.
The journey has been eye-catching:
- Six-Month Return: +209.38%
- Year-to-Date (YTD) Gain: +125%
- One-Year Growth: +115%
For a stock that once traded as low as ₹0.05, this move reflects one of the most dramatic runs seen in recent times in the penny stock segment.
Company Developments Driving Sentiment
The steady rise in Avance Technologies share price is also linked to company-specific developments.
In July 2025, Avance Technologies disclosed its plan to acquire Excess2Sell.com after signing a non-binding term sheet with the B2B inventory liquidation platform.
Here’s why this matters:
- The acquisition positions Avance Technologies in the excess inventory disposal market, a growing and underserved space in India.
- Excess2Sell.com provides a scalable platform to connect manufacturers, distributors, and retailers with buyers looking for discounted, unsold inventory.
- The platform is backed by smart pricing algorithms and consumer insights that help optimize recovery value for sellers.
- Product categories include technology, apparel, home goods, and lifestyle products.
By entering this space, Avance Technologies aims to solve a long-standing challenge in retail — managing unsold inventory efficiently.
Stock Market Today – Broader Sentiment
The story of Avance Technologies fits into the broader market theme where penny stocks with turnaround stories often attract heavy retail interest. A consistent upper circuit run for 38 straight sessions is rare and signals heightened enthusiasm.
However, such rallies also underline how quickly sentiment can drive momentum in small-cap names with low free float.
Summary
- Avance Technologies share price hit ₹1.98 on September 2, locking its upper circuit for the 38th straight session.
- The stock has delivered 209% in six months, 125% YTD, and 115% over one year.
- The surge aligns with company news — the signing of a non-binding term sheet to acquire Excess2Sell.com, expanding into the B2B inventory liquidation business.
- Avance’s entry into this market taps into a growing need for efficient excess inventory management, giving the stock added visibility.
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