Penny stock below ₹2 hits upper circuit as bulls bet high on small-cap stocks
The Indian markets ended their two-day consecutive losing streak, closing with gains due to positive global cues and weakness in the US dollar rates.
Avance Technologies is a small-cap technology solutions provider which caters to its clients, helping them optimise their digital ecosystems. Key services of the company include — Digital Infrastructure Solutions, Embedded Device Management, Hybrid Infrastructure, Cloud integration and Management, Data Centre Management and Optimisation, and IoT Infrastructure Management.
Avance Technologies shares closed 1.41% higher at ₹ 1.44 after hitting their upper circuit during Monday's stock market session, compared to ₹ 1.42 at the previous market close.
The shares hit their intraday high and upper circuit of ₹ 1.44 apiece after the markets opened on Monday, following the weekend.
Avance Technologies shares have given stock market investors more than 2,780% returns on their investment in the last five years and 61.80% in the last one-year period.
On a year-to-date (YTD) basis, the stock has jumped 63.64% in 2025 and is currently trading 48.45% higher on a one-month basis, and 5.88% up in the last five market sessions on the Indian stock market.
Avance Technologies shares hit their 52-week high level at ₹ 1.44 on Monday, 4 August 2025, before closing for the trading day, while the 52-week low level was at ₹ 0.52 on 1 April 2025. The company's market capitalisation (M-Cap) was at ₹ 285.40 crore as of the stock market close on Monday, 4 August.
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