512149 AVANCE

Avance Technologies Share Price

₹0.9
+ 0.04 (4.65%)
11 October, 2024 06:02 BSE: 512149 NSE: AVANCE ISIN: INE758A01072

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Avance Technologies Performance

Day Range

  • Low 0
  • High 0
₹ 0

52 Week Range

  • Low 0
  • High 0
₹ 0
  • Open Price0
  • Previous Close0
  • Volume

Avance Technologies Chart

  • Over 1 Month 0%
  • Over 3 Month -3.23%
  • Over 6 Month -26.23%
  • Over 1 Year + 150%

Avance Technologies Key Statistics

Avance Technologies Investment Rating

  • Master Rating:
  • Avance Technologies has an operating revenue of Rs. 188.60 Cr. on a trailing 12-month basis. An annual revenue growth of 381% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 1% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and around 44% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 76 which is a FAIR score but needs to improve its earnings, a RS Rating of 19 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 87 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Avance Technologies Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 44741631
Operating Expenses Qtr Cr 44831521
Operating Profit Qtr Cr 0-10100
Depreciation Qtr Cr 000000
Interest Qtr Cr 000000
Tax Qtr Cr 000000
Net Profit Qtr Cr 010100
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 7231
Operating Expenses Annual Cr 7030
Operating Profit Annual in Cr 00
Depreciation Cr 00
Interest Annual Cr 00
Tax Annual Cr 00
Net Profit Annual Cr 20
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -66
Cash from Investing Activity Annual Cr 357
Cash from Financing Annual Activity Cr -29-14
Net Cash Flow Annual Cr 00
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 373371
Fixed Assets Annual Cr 00
Total Non Current Assets Annual Cr 381387
Total Current Assets Annual Cr 4847
Total Assets Annual Cr 429435
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 219
ROE Annual % 10
ROCE Annual % 10
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 32
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4710619173
Operating Expenses Qtr Cr 4510617162
Operating Profit Qtr Cr 20210
Depreciation Qtr Cr 00000
Interest Qtr Cr 00000
Tax Qtr Cr 00000
Net Profit Qtr Cr 22210
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 14731
Operating Expenses Annual Cr 14230
Operating Profit Annual in Cr 31
Depreciation Cr 00
Interest Annual Cr 00
Tax Annual Cr 00
Net Profit Annual Cr 50
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 306
Cash from Investing Activity Annual Cr 267
Cash from Financing Annual Activity Cr -42-14
Net Cash Flow Annual Cr 150
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 376371
Fixed Assets Annual Cr 00
Total Non Current Assets Annual Cr 403387
Total Current Assets Annual Cr 8647
Total Assets Annual Cr 489435
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 29
ROE Annual % 10
ROCE Annual % 10
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 32

Avance Technologies Technicals

EMA & SMA

Current Price
₹0.9
+ 0.04 (4.65%)
pointer
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹0.87
  • 50 Day
  • ₹0.89
  • 100 Day
  • ₹0.93
  • 200 Day
  • ₹0.90
  • 20 Day
  • ₹0.87
  • 50 Day
  • ₹0.89
  • 100 Day
  • ₹0.92
  • 200 Day
  • ₹1.04

Avance Technologies Resistance and Support

PIVOT
₹0.9
Resistance
First Resistance 0.90
Second Resistance 0.91
Third Resistance 0.91
RSI 56.52
MFI 44.90
MACD Single Line -0.02
MACD -0.02
Support
First Support 0.89
Second Support 0.89
Third Supoort 0.88

Avance Technologies Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 26,883,863 1,796,379,726 66.82
Week 13,460,709 958,940,909 71.24
1 Month 8,496,710 757,481,654 89.15
6 Month 17,960,633 1,780,437,580 99.13

Avance Technologies Result Highlights

Avance Technologies Synopsis

BSE-Computer-Tech Services

Avancetechnologies belongs to the Industry of IT Consulting & Software. Company’s Total Operating Revenue is Rs. 69.29 Cr. and Equity Capital is Rs. 198.19 Cr. for the Year ended 31/03/2024. Avance Technologies Ltd. is a Public Limited Listed company incorporated on 30/01/1985 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L51900MH1985PLC035210 and registration number is 035210.
Market Cap 170
Sales 71
Shares in Float 196.21
No of funds 1
Yield
Book Value 0.46
U/D Vol ratio 1.7
LTDebt / Equity
Alpha -0.24
Beta 1.01

Avance Technologies Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 0.68%0.68%0.68%0.68%
Financial Institutions/ Banks
Individual Investors 75.34%62.53%58.6%59.35%
Others 23.98%36.79%40.72%39.97%

Avance Technologies Management

Name Designation
Mr. Srikrishna Bhamidipati Chairman & Managing Director
Mr. Vasant Bhoir Non Executive Director
Mr. Deepak Mane Non Executive Director
Mrs. Shakila Ramjansha Makandar Independent Director
Mr. Sanjay Devlekar Independent Director
Mr. Akshay Nawale Independent Director

Avance Technologies Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Avance Technologies Corporate Action

Date Purpose Remarks
2024-08-13 Quarterly Results
2024-05-28 Audited Results
2024-02-17 Others Inter alia, 1. To increase the Authorized share capital of the company. 2. To raise funds by issue of equity shares, convertible securities or any other securities, including, through a rights issue. split from Rs. 10/- to Rs. 5/-.
2024-02-07 Quarterly Results
2023-11-04 Quarterly Results
Date Purpose Remarks
2023-11-10 Split Rs.0.00 split from Rs. 5/- to Re. 1/-.
2023-03-31 Split Rs.0.00 split from Rs. 10/- to Rs. 5/-.

Avance Technologies FAQs

What is Share Price of Avance Technologies ?

Avance Technologies share price is ₹0 As on 11 October, 2024 | 05:48

What is the Market Cap of Avance Technologies ?

The Market Cap of Avance Technologies is ₹178.4 Cr As on 11 October, 2024 | 05:48

What is the P/E ratio of Avance Technologies ?

The P/E ratio of Avance Technologies is 25.9 As on 11 October, 2024 | 05:48

What is the PB ratio of Avance Technologies ?

The PB ratio of Avance Technologies is 0.5 As on 11 October, 2024 | 05:48

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Q2FY23