The buzz in the stock market today is all about Avance Technologies, a penny stock trading under ₹5 that refuses to slow down. On Tuesday, September 23, the share price once again hit its 2% upper circuit at ₹2.58, marking a fresh 52-week high.
What makes this streak remarkable? This was the 51st consecutive session where the stock locked in its upper circuit.
Market Performance: Penny Stock Defies Gravity
From being an overlooked counter, Avance Technologies has turned into one of the most talked-about penny stocks on Dalal Street. Its meteoric run is backed by numbers that stand out in a volatile market.
- Current Price: ₹2.58 (Upper circuit, September 23)
- 52-Week Low: ₹0.52 (April 2025)
- Surge Since April: 396%
The stock has not only climbed steadily but has also maintained momentum across multiple months.
Here’s how the monthly rally shaped up:
- September 2025: +34% so far
- August 2025: +37%
- July 2025: +63%
- June 2025: +16%
- May 2025: +17.5%
- April 2025: +7%
Contrast this with the earlier months of 2025, when the script was in red: -8% in March, -17% in February, and -10.5% in January. The turnaround since April has been nothing short of dramatic.
A Multibagger in the Making?
In the short to medium term, the returns are eye-catching:
- Last 3 months: +249%
- Last 6 months: +297%
- Last 1 year: +190%
Stretch the horizon to 5 years, and the story becomes even more staggering: the penny stock has delivered an unbelievable 5,165% return.
This performance places Avance Technologies firmly in the multibagger penny stock category, especially for long-term investors who stayed put through earlier swings.
What’s Fueling Avance Technologies’ Rally?
The sharp surge isn’t just market speculation. A big part of the excitement is linked to the company’s planned acquisition in the B2B inventory liquidation space.
In July 2025, Avance Technologies revealed that its Board had approved a non-binding term sheet to acquire Checkers India Technology Pvt. Ltd., which owns Excess2Sell.com.
- What is Excess2Sell.com?
A B2B platform enabling businesses to liquidate overstock and surplus inventory. The marketplace caters to sectors like electronics, fashion, and home goods. It offers tools for instant deals, price discovery, and efficient stock clearance.
For Avance Technologies, the acquisition represents a strategic move into a high-growth, underpenetrated sector that addresses the retail industry’s long-standing problem — unsold stock.
The deal, however, is still subject to due diligence, definitive agreements, and regulatory approvals.
About the Company
Avance Technologies Limited is headquartered in Navi Mumbai and has steadily expanded beyond its roots. Originally incorporated in 1985 as VMC Software Ltd., it adopted its current name later and now operates in IT infrastructure services.
Its portfolio covers:
- Digital Infrastructure
- Embedded Device Management
- Hybrid Infrastructure & Cloud Optimization
- IoT Management
- Data Center Services
The company serves industries spanning healthcare, finance, manufacturing, and hospitality.
Summary: Stock Market Today and the Penny Stock Buzz
Avance Technologies has become one of the most closely watched penny stocks under ₹5 in the stock market today. With its 51-session upper circuit streak, 52-week high of ₹2.58, and a 396% jump since April, the stock has delivered stunning returns for those tracking it.
The planned Excess2Sell.com acquisition has added another layer of excitement, positioning the company in a fast-growing niche.
For now, Avance Technologies sits at the intersection of strong market sentiment, sectoral expansion, and a powerful rally that’s hard to ignore.
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