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Avalon Technologies rallies to record high after Nomura target hike

Avalon Technologies shares climbed more than 10% to an all-time high of ₹2,424 on Monday, September 7. Nomura retained a 'Buy' rating and raised its target to ₹2,767.32 per share from ₹2,211.24.

AVALON

Shares of Avalon Technologies gained more than 10%, reaching an all-time high of ₹2,424 on Monday, September 7, after brokerage firm Nomura kept its 'Buy' rating and lifted its target price sharply. 24 earlier, implying an upside of 7.